Tag Archives: solana

Solana price started a decent increase above the $20 resistance against the US Dollar. The price is now trading below $25 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $23.75 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $25.00 and $26.40 to continue higher in the near term. Solana price is trading in a positive zone above $20 against the US Dollar, similar to bitcoin....

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ETH alternative: Why SOL is getting attention? Solana is a blockchain platform that includes proof of history (PoH) technology to improve speed without sacrificing security. Because of its PoH technology, Solana is one of the fastest blockchains available, with an average processing speed of 2’700 transactions per second. The native cryptocurrency of the Solana network is the SOL token, which is currently in the top ten of all cryptocurrencies for...

Not long ago, Live Bitcoin News published an article talking about how poorly the Solana cryptocurrency was doing. The asset was crashing and burning likely due to its ties to the now fallen crypto exchange FTX and its disgraced head executive Sam Bankman-Fried, and while things aren’t fully looking up for the currency just yet, it’s garnering a heavy load of support from crypto developers such as Vitalik Buterin, the co-creator of popular crypto network Ethereum. Solana...

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Ethereum and Cardano have always been at loggerheads. The two blockchain network’s development activity has been pitted against each other even before the former’s transition to Proof-of-Stake (PoS). Needless to say, Ethereum and Cardano went on to become the blockchains with the most active developers in 2022, with 223 and 151 average daily devs throughout the year. According to the latest report by DappRadar, Ethereum saw the smallest decrease of 9.37% in active developers...

Solana – a crypto that’s otherwise known as SOL to its personal holders – continues to shed value given it’s so tied to the fallen crypto exchange FTX and its disgraced head executive Sam Bankman-Fried. Solana Isn’t Doing Too Well FTX is currently in the process of filing bankruptcy. Sam Bankman-Fried is accused of lending out approximately $10 billion in user funds to his other company Alameda Research, which was supposed to be a separate and independent entity from...

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Solana Foundation’s Remote Procedure Call (RPC) endpoints went offline on January 8th as a result of a bug in the Validator client’s test release 1.14. According to an update by Solana Status, the bug affected those nodes that adopted the latest test release and advised those operating on the node to change over to 1.13. RPC endpoints are essentially the nodes that connect decentralized applications (DApps) and wallets to the blockchain. The incident, however, did not impact...