Drift Expands Its Offering with Prediction Markets on Solana
TL;DR Drift adds prediction markets to its Solana platform, allowing bets on binary events using various cryptocurrencies. The new BET feature enables users to earn...
Tag : solana
PayPal’s U.S. Dollar-Pegged Stablecoin Supply on Solana Surpasses Ethereum
TL;DR Solana Surpasses Ethereum in PYUSD Supply: The supply of PayPal’s U.S. dollar-pegged stablecoin (PYUSD) on Solana has exceeded 377 million, surpassing the 356 million...
Solana Staking Eats into Free Supply as Whales Move In
TL;DR Solana staking has reached record levels, significantly reducing the free supply of SOL. Whales have withdrawn large amounts of SOL from exchanges for staking....
AgriDex Completes First Transaction on Solana: Speed and Minimal Costs
TL;DR AgriDex completed its first transaction on the Solana blockchain. Sending 200 bottles of olive oil and cases of wine from South Africa to London. The...
Solana Will Reach $175 by the End of July, According to Analyst
TL;DR An analyst has forecasted that Solana (SOL) could reach $175 before the end of July, based on bullish technical patterns. Ali Martinez identified a...
Solana Set for Potential Surge to $174 After Identifying Bullish Pattern
TL;DR Ali Martinez predicts Solana (SOL) to surge towards $174 after identifying a “W” pattern on his chart. This pattern suggests a possible trend change...
Solana ZK Compression: Revolutionizing Blockchain Efficiency
TL;DR Solana introduces ZK Compression to reduce costs and improve scalability. The technology uses zero-knowledge proofs to maintain data integrity. The community debates whether this...
Solana’s Innovative Leap into Real-World Asset Tokenization and Brand Loyalty
TL;DR Asset Tokenization: Solana is expanding its blockchain capabilities to include the tokenization of real-world assets like U.S. Treasuries, real estate, and physical goods, enabling...
Solana Leads Surge in NFT Sales as Ethereum Faces Decline
TL;DR NFT sales on Solana increased by 30% in the last 24 hours. The Ethereum network saw a 20% drop in the same period. The...
Solana: Is an ETF Possible? Expert Opinions
TL;DR The crypto market is eagerly awaiting the potential approval of an Ethereum ETF, with attention now turning to Solana. Approval of an Ethereum ETF...