Tag Archives: solana

A lot can happen in a year and a half. The cryptocurrency market has been through a literal rollercoaster in terms of price, regulations, and overall development. Exchanges imploded, multi-billion dollar ecosystems collapsed, regulators are stepping in now more than ever, banks are shutting down, and whatnot. And it almost seems as if time is flying. In 2021, CryptoPotato attended Solana’s Breakpoint in Lisbon and had the chance to talk to Brandon Millman – the CEO of the...

Solana price started a decent increase above the $21.50 resistance against the US Dollar. The price is now trading above $22 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $22.30 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $24.00 and $25.00 to continue higher in the near term. Solana price is trading above $22 against the US Dollar, similar to bitcoin. SOL could start a...

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Solana outages have yet again sparked questions about the design of the premier Layer 1 blockchain. The validators tried to restart the network twice over the weekend after the on-chain activity froze. At one time, Solana was processing only 93 TPS. Following the performance degradation, the validator community eventually had to opt for a synchronized chain restart of the network. Solana Outage Again According to the official blog post, the cause of the outage has not been...

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Solana price started a decent increase above the $22 resistance against the US Dollar. The price is now trading above $22 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $24.50 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $23.40 and $22.60 support levels to start another increase. Solana price is trading above $22 against the US Dollar, similar to bitcoin....

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The hacker who exploited Solana’s cross-chain bridge Wormhole a year ago has moved another $61 million in ether (ETH) of the stolen funds. Blockchain security firm PeckShield disclosed Sunday that the exploiter moved some of the assets to the Ethereum-based decentralized protocol MakerDAO. Wormhole Attacker Moves Stolen Funds Again Recall that Wormhole Bridge was exploited in February 2022 after a vulnerability on the platform enabled an attacker to mint wrapped ETH (wETH)...