Solana Archives

Crypto Market Latest News Updates Analysis Why LTC Matic AR Price Pumping

November 10, 2022

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #ilmeaalim , #cryptoupdate , #cryptomarketanalysis Intro and General Crypto Market analysis after FOMC meeting – 00:00 Crypto Awareness and ilmeaalim Merchandise/Tracksuits and Garments – 02:45 Why Litcoin #LTC price is pumping 07:15 Why #Polymatic $matic and #arweave $AR price pumping? – 10:07 #TWT #sandtoken analysis – 12:44 Random News 13:55 Why Litcoin $LTC, Polymatic $MATIC and ARweave $AR tokens are pumping so hard? in this video I’ve shared latest crypto market news, updates and analysis of these three tokens and in this…

Helium Network Founder Pledges to Stick with Solana After Bloody Day for SOL

November 10, 2022

The vote of confidence came after a bloody, 24-hour drawdown in crypto markets in which SOL shed over 40% of its value and Helium’s HNT lost 15%. Haleem, CEO of Helium backer Nova Labs, said he was unfazed by the bear market carnage and pledged to continue apace. Source

Solana TVL drops 32.4% as FTX turmoil rocks ecosystem

November 10, 2022 boss

The total value locked (TVL) on the Solana chain has plummeted 32.4% in the last 24 hours, as news stemming from the collapse of FTX has sent waves through the crypto ecosystem. According to DefiLlama, at the time of writing, Solana’s TVL has fallen to $423.68 million, down 32.4% in the last 24 hours, a far cry from its all-time-high (ATH) of $10.17 billion on Nov. 9, 2021. Total value locked within the Solana ecosystem Source: DefiLlama TVL measures the total value of all assets locked into DeFi protocols. As…

DeFi Exchange Platform dYdX Places Solana in “Close Only” Mode

November 9, 2022

Though dYdX will continue allowing users to close out their positions, the announcement that it would curtain some kinds of trades – even to protect users – led to attacks from some who believe a “decentralized” platform shouldn’t be able to curtail user activity. Source

DeFi Exchange Platform dYdX Places Solana in ‘Close Only’ Mode

November 9, 2022

Though dYdX will continue allowing users to close out their positions, the announcement that it would disallow some kinds of trades – even to protect users – led to attacks from some who believe a “decentralized” platform shouldn’t be able to curtail user activity. Original Source CloseDeFidYdXExchangeModePlacesPlatformSolana CryptoX Portal

Solana Blockchain Hit by FTX Tremors as Nearly $800M SOL Tokens Set to Be Unstaked

November 9, 2022

“A reduction in the amount of SOL staked might indicate that investors are looking to sell all or part of their position,” Sean Farrell, head of digital asset strategy at research firm FundStrat wrote in a note on Tuesday evening following the bailout news. “Due to these factors, we think it is wise to reduce exposure to Solana (SOL) in the immediate term.” Source link

Crypto.com Halts Solana USDC and USDT Deposits, Withdrawals

November 9, 2022

The crypto trading platform cited “recent industry events” in an email to users announcing the suspension. Source

Staked SOL Tokens Falter as Solana Traders, Stakers Rush for Exits

November 9, 2022

Ricardo J. Méndez, head of growth at Marinade, said staked SOL tokens can prove volatile in markets such as this: “Say, if people want to exit before the end of the epoch and trade where others are arb’ing – but if you wait until the end of the epoch, you will get the full value back.” Original Source ExitsFalterRushSOLSolanaStakedStakersTokensTraders CryptoX Portal

Which Coins Will FTX And Alameda Dump? Red Flag for Solana

November 9, 2022 boss

Following the FTT token, Solana (SOL) in particular is currently suffering a massive price slump. As a report revealed last week, the SOL token is one of the major assets on FTX’s balance sheet. If Binance pulls out of the FTX deal, it could mean a massive sell-off in SOL. Amid concerns about this scenario, the market already seems to be front-running. Over the past 24 hours, Solana (SOL) is down 36% and has slipped out of the top 10 by market capitalization. At press time, the SOL price recovered…

FTX Token, BNB and Solana soar after Binance CEO inks potential deal to acquire FTX

November 8, 2022 boss

FTX Token (FTT) and Solana’s SOL (SOL) endured a tough weekend of trading that saw altcoins take double-digit losses in the 15%–30% range, but the tide turned as news broke that Binance could be in the process of acquiring FTX. On Nov. 8, FTX CEO Sam Bankman-Fried first took to Twitter to announce a liquidity-sharing partnership with Binance. Changpeng “CZ” Zhao, CEO of Binance, agreed to step in and provide liquidity to what was beginning to look like a bank run. Bankman-Fried billed the development as user-focused and benefiting the…