Tag: Solana

Solana Blockchain Tops $2 Billion All-Time NFT Sales Despite Market Slump

Solana is head-strong in complete command-and-conquer form, hitting new milestones left and right. It has just notched its highest all-time NFT sales volume, with over $2.35 billion as of this writing. This new milestone has placed Solana in third place, following Ethereum and Ronin, two of its biggest rivals. Suggested Reading | STEPN App Gets Bombarded With Another Round Of DDoS Attacks Solana Leads With $2.35 Billion ATH Coined as the “Ethereum Killer,” Solana has catapulted to be the most popular blockchain platform for NFTs as more and more NFTs…

Solana developers tackle bugs hoping to prevent further outages

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Developers have fixed the runtime bug that caused the latest outage of the Solana network on June 1. According to a report published by Solana Labs on June 5, Solana’s fifth outage of 2022 was caused by a bug in the “durable nonce transactions feature” which caused the network to stop producing blocks for roughly four and half hours. “The durable nonce transaction feature was disabled in releases v1.9.28/v1.10.23 to prevent the network from halting if the same situation were to arise again.” “Durable nonce transactions will not process until…

How FTX Exchange Will Change Cryptocurrency Forever (Cheapest Fees + Big Announcement)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io President of FTX US, Brett Harrison, joins us to talk Bitcoin, Solana, and altcoins in 2022! 💥 Trade crypto with zero fees on FTX App. Use referral code “ALTCOINDAILY” and get up to $100 FOR FREE: Follow Brett on Twitter: FTX is a channel partner. 💰 The Largest Recession in History is Coming (BUY BITCOIN NOW?!) | Will Clemente 🎸 Gene Simmons REVEALS His 10x Cryptocurrency Portfolio for 2022 (Top 2022 Altcoins) 📈 Raoul Pal’s Crypto Forecast for 2022: Altcoin Daily, the…

🚀 CRYPTO Market PUMP! Bitcoin, VeChain, XRP – Britain Cryptocurrency Regulations!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin and the crypto market is pumping, could we see big news tomorrow? Britain will reveal crypto regulation plans in coming weeks. Rio de Janeiro will be the first Brazilian city to receive tax payments in Bitcoin & crypto. Coinbase to control Latin America’s largest crypto exchange via acquisition. Jeremy Kauffman Interview – — 🔥 Sign Up with OkCoin 🚀 Get the Ledger Nano X to Safely store your Crypto – 🔥 Become a Channel Member – 💥 Sign up for the…

Is Solana a ‘buy’ with SOL price at 10-month lows and down 85% from its peak?

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Solana’s (SOL) price dropped on June 3, bringing its net paper losses down to 85% seven months after topping out above $260. SOL price fell by more than 6.5% intraday to $35.68, after failing to rebound with conviction from 10-month lows.  Now sitting on a historically significant support level, the SOL/USD pair could see an upside retracement in June, eyeing the $40-$45 area next, up around 25% from today’s price. SOL/USD daily price chart. Source: TradingView 60% SOL price decline ahead? However, a rebound scenario is far from guaranteed and…

Solana Below $40 Amidst Network Outage, Are The Bears Back?

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Solana is on a downtrend currently, price of the altcoin has slid below the vital support line of $40. This downslide comes in the middle of a network outage, yet again! A software glitch was responsible for causing an outage that lasted over 4 hours. Solana had also experienced another major outage in the month of January which stretched over 18 hours. This has apparently affected the Solana ecosystem as constant outages causes traders to lose their portfolio value simultaneously. Over the last 24 hours, the altcoin lost about 6.4%…

Solana Falls by 12% After Network Outage, Bitcoin Falls as Feds Reduce Balance Sheet, Ethereum Tops NFT Sales With $27 Billion Sales.

Solana’s decline after announcing its network outage Solana, after being plunged with network issues, nosedived by 12%. The network, which was once hailed as one of the fastest blockchains and a challenger to Ethereum, was down on June 1 due to network challenges. This is the second time in the month’s space that this will happen to the blockchain network. The chain was forced offline for about four and a half hours due to a cold wallet transaction bug called “Durable Nonce Transactions.” Since the outage was announced, SOL which traded as…

Alchemy announces support for Solana Web3 applications the day after blockchain halted

In an announcement published by Alchemy just one day after the Solana network temporarily halted on June 1, the Web3 development platform and infrastructure provider announced its support for the controversial blockchain. Caused by a bug that made it impossible to reach network consensus, the Solana blockchain was halted for approximately four hours on Wednesday. This isn’t the first time the system has been compromised, as normal functionality has been halted five times already this year. That didn’t seem to be a problem for Alchemy, which gives developers the ability…

Chainlink Price Feeds Now Live on Solana

Solana-native projects such as Francium, Tulip and Apricot Finance have committed to integrate Chainlink’s Price Feeds. After the initial launch on Solana, Chainlink plans to offer more price feeds and additional services to developers. It will later launch the Cross-Chain Interoperability Protocol, for developers building on Solana to execute smart contracts across chains. Source

Chainlink launches price feeds on Solana to provide data to DeFi developers

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Blockchain oracle platform Chainlink has announced the launch of its price feeds on the Solana blockchain. The integration allows decentralized finance (DeFi) developers to use the feeds within their decentralized applications (DApps).  In an announcement sent to Cointelegraph, the blockchain oracle platform notes that upon launch, seven price feeds will be available to Solana developers, including BTC/USD, ETH/USD and USDC/USD. At the later stages of the integration, more Chainlink oracle services and price feeds will be made available. Anatoly Yakovenko, co-founder of Solana, believes the Chainlink integration will help developers building…