Solana network has become the 6th largest cryptocurrency project on the global crypto market scale. The blockchain network recently started to gain traction among users after its digital currency wallet application. A few months ago, Solana network introduced Phantom, the first-ever digital currency wallet application for iOS users. Now, the company has managed to introduce…
The Solana Network has suffered from yet another outage recently. The outage resulted in the network going offline for around 24 hours and left the investors of the ecosystem suffering from losses. At present, the cryptocurrency market is suffering from a bear market transition. Solana network is among the top Ethereum parallel networks. However, with…
The Solana Network has started to gain a lot of attention from the users in the DeFi staking pools. Due to the massive transaction fee issues on the Ethereum network, many projects opted to use alternative platforms like the Solana network. There is a popular NFT-Gaming protocol that has started to gain a lot of…
Raydium is an Automatic Market Maker (AMM) protocol and a liquidity pool built for the Solana network. Recently, the Solana network suffered a massive traffic jam once again during the latest Raydium IDO event. During the last 24 hours, the transaction speed for the Solana network dropped by 50%; however, the network managed to remain…
According to a review of the cryptocurrency industry in 2021, cryptocurrency research company, Arcane Research, predicts that layer-1 platforms would keep surpassing Ethereum in 2022. Aside from layer-1s vs. ETH, the firm’s last report for 2021 included BTC vs. the S&P 500, DeFi, the NFTs marketplace, the forecast for Cardano and XRP, meme coin frenzy…
SolDate Token (DATE) is currently the highest-ranked cryptocurrency in terms of showing the highest growth in the past 7-days on Solana Network. According to a performance report from CoinMarketCap, SolDate Token’s price has recorded a 63.34% surge in the said period. Following the surge, SolDate Token’s price has soared to $0.03332 per DATE. In the…
The SOL token is now the fifth-largest cryptocurrency in the world by market cap overtaking ADA. During the latest correction state of the cryptocurrency market, the SOL token has managed to retain its value for the most part. However, the surge in SOL prices is not created by mere market speculation. The main driving force…
