Tag Archives: solana

Ethereum used to dominate almost all non-Bitcoin blockchain sectors in the industry but has gradually lost some of its grip over certain markets to competitors like Solana. VanEck’s research department, MarketVector, decided to delve deep into the battle between the two layer-1 behemoths to see what’s what. Solana Vs. Ethereum The report, authored by Martin Leinweber, highlights some major differences between the two. In some cases, such as the number of transactions, daily...

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Solana’s biggest decentralized trading platform, Jupiter Exchange, has taken over SolanaFM, a leading Solana blockchain explorer. The parties have described the move as a way to speed up development in their data and infrastructure capabilities in order to improve their functionalities for the Solana community. Optimism About the Acquisition In an X post published on September 20, the crypto exchange, which boasts over $300 billion in trading volume, expressed excitement...

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Solana Labs’ mobile subsidiary, Solana Mobile, has announced the launch of its second crypto-focused smartphone, the Seeker, which will ship in 2025. The new device, unveiled during the Token2049 event in Singapore, promises hardware and software improvements over its predecessor, Saga. Seeker’s Capabilities “We’ve been deep in build mode for months, and we’re excited to show you what we’ve been working on. Introducing the next chapter of Solana Mobile: the Solana Seeker,”...

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The Solana network is experiencing an increased influx of users and a “break-through moment,” thanks to the introduction of liquid staking on the blockchain. A new report by the leading cryptocurrency exchange, Bybit, stated that Solana’s liquid staking model, especially the exchange-launched liquid-staked SOL, would mobilize masses and accelerate the onboarding of retail users in the ecosystem. The State of Liquid Staking on Solana As a proof-of-stake network, staking is...

A wallet associated with the defunct crypto exchange FTX and its sister company Alameda Research has redeemed 177,693 Solana (SOL) tokens, valued at approximately $23.75 million, from the Solana Proof-of-Stake (PoS) network. The movement, highlighted by PeckShield in a September 12 post on X, has reignited speculation within the crypto community about a potential selloff of the tokens. Speculation Rises After FTX/Alameda Wallet Movements Additional data from Solscan shows...

Orbitt MM now boosts volume for Pump.Fun memecoins, enhancing Solana projects. The integration enables new tokens to achieve attention and sustainability on Solana. Orbitt, the Solana (SOL) project accelerator, has announced a substantial enhancement to its market-making service, which now supports volume boosts for Pump.Fun Tokens for a great time. This change is expected to boost the success of the new Pump.Fun projects that benefit the larger Solana nature. Beginning September 6, Orbitt MM...

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