Solana scrambles to take care of spike in transactions and consumer complaints

Solana is working “across the clock” to resolve present points, together with a spike in failed transactions on its community. Raj Gokal, co-founder of the community, revealed in an April 4 tweet about X that the community is working to enhance the transaction expertise for customers.he Stated: “Our world-class engineering staff is working across the […]
How Wormhole Hackers Virtually Profited from the W Token Airdrop Mishap

The malicious actors behind the notorious hacking incident that stole over 80,000 ETH from a wormhole in 2022 have been granted the appropriate to obtain an undisclosed quantity of W tokens that have been briefly airdropped. . This was revealed by a pseudonymous blockchain researcher, Mr. Pland. In a social media publish about X, Mr. […]
Solana stablecoin provide surges previous $3 billion, with USDC main the best way

The provision of stablecoins on Layer 1 blockchain community Solana has been steadily rising for the reason that starting of the yr, surpassing the $3 billion mark final week. Knowledge from blockchain analytics platform Artemis reveals that the availability of stablecoins on the community is reducing. It elevated by 55.72% up to now three months […]
Solana DEX buying and selling quantity reaches $60 billion month-to-month ATH

Primarily based on DeFiLlama knowledge, decentralized exchanges on the Solana blockchain set a brand new month-to-month file for buying and selling quantity, exceeding $60.34 billion in March. This achievement is greater than double the earlier file of roughly $28.14 billion set in December 2023, making it the second-highest transaction quantity amongst all blockchains, surpassed by […]
Solana DEX buying and selling quantity soars, with over 5.8 million merchants driving development

What’s nft-cryptocurrency Alpha? Web3 membership designed to give you cutting-edge insights and information powered by Entry Protocol. Be taught extra > Join by way of entry protocol Entry Protocol is a Web3 monetization paywall. When customers stake her ACS, they’ll entry paywalled content material. Be taught extra > Disclaimer: By selecting to lock your ACS […]
Solana’s DeFi atmosphere matures with important progress in liquidity and lending sector

What’s nft-cryptocurrency Alpha? Web3 membership designed to offer you cutting-edge insights and data powered by Entry Protocol. Be taught extra > Join through entry protocol Entry Protocol is a Web3 monetization paywall. When customers stake her ACS, they’ll entry paywalled content material. Be taught extra > Disclaimer: By selecting to lock your ACS tokens with […]
Solana CEO Anatoly Yakovenko condemns the inflow of racist and offensive meme cash

Members of the Solana group and crypto ecosystem on March 22 condemned the latest proliferation of inflammatory meme cash. An unidentified social gathering not too long ago leveraged Solana's token creation capabilities to introduce hundreds of meme cash with racist and anti-Semitic phrases of their names. Some tokens additionally contained anti-Chinese language language and different […]
Solana fell greater than 15% in at some point, dropping most of its weekly features

After per week of features, Solana (SOL) fell 15.9% on March nineteenth, dropping to just about $210 at one level and hitting a brand new all-time excessive with a market cap of about $92 billion. It hit a low of $166. After a full day of bleeding, SOL had recouped a few of its losses […]
Solana co-founder Anatoly tells neighborhood to cease investing in meme coin presales

Anatoly Yakovenko, co-founder of Solana Labs, seems to be taking a stand in opposition to Solana-based meme cash, citing knowledge displaying giant quantities of SOL being despatched to meme coin pre-sale contracts. We’re calling on buyers to cease this. On-chain detective ZachXBT shared the picture beneath detailing an inventory of social media accounts that lately […]
Memecoin quantity is only a vainness metric for determined blockchains

There’s a false perception that meme cash are lifting individuals out of poverty, which I feel is definitely damaging the universe. Moreover, I feel chains like Solana and Avalanche, which have gained consideration as a result of meme coin craze, are extremely overheated. Mainly, meme coin buying and selling quantity is an arrogance metric much […]