Tag: Solana

Solana, a leading blockchain platform, anticipates an unprecedented surge in liquidity during April, driven by a series of highly anticipated airdrops collectively valued at $3.3 billion. Among the projects contributing to this influx are Parcl, W, Kamino Finance, ZEUS, and ionet. These airdrops are expected to inject significant value into the Solana ecosystem, with each project distributing a portion of its token supply to participants.

The recent rally in Bitcoin Exchange-Traded Funds (ETFs) has ignited a resurgence in the digital asset investment arena, instilling confidence within the crypto community. James Butterfill, CoinShares’ Head of Research, notes a significant milestone as Bitcoin ETFs attracted an impressive inflow of $862 million last week, marking a notable turnaround.

Solana’s native cryptocurrency SOL has been on a continuous upward trajectory over the past three days, rising from approximately $180 to surpass $210. However, a subsequent pullback occurred, causing the price to dip below the $200 mark. As of the time of writing, the SOL coin price has settled at $197. The question arises: Can SOL coin attain a new all-time high from this point onward?

In a groundbreaking move for the Web3 development ecosystem, Mirror World, a prominent platform for decentralized applications (dApps), has unveiled its inaugural gaming rollup chain on the Solana blockchain network. This milestone marks a significant leap forward in the convergence of blockchain technology and gaming, promising enhanced scalability, interoperability, and user experience.

With the native token of Solana facing an enormous wave of supply, the market value of the SOL token dropped to 3% this week. With escalating global tensions and the BTC price back at $65000, altcoins might see a landslide. Despite the fall, the SOL price seems poised for a rebound, with a bullish pattern showing on the charts. Will the cryptocurrency reemerge over $200 after a breakout run, or will it sink below $150 as expected?

A French developer, Jolan Lacroix, is embroiled in controversy after allegedly orchestrating a $900K theft from the TICKER presale on Base. The incident, which occurred shortly after the presale raised 877 ETH, involved Lacroix selling off a significant portion of the TICKER token supply intended for distribution.

The popular smart contract platform Solana’s meme token Bonk (BONK) dropped 29% of its value last week as futures open positions plunged to their lowest level in 30 days. Since its inception, the meme currency has sparked widespread curiosity and has been one of the most depreciating cryptocurrencies in the last week.

Solana has carved itself a niche as a high-performance platform that can handle transactions quickly and affordably. With its native token, SOL, reaching $150 amid a larger bull market, Solana’s network has experienced a considerable increase in activity.

Huge memecoin fever has escalated, with Dogwifhat (WIF) enthusiasts organizing fundraising to place the community’s pink hat-wearing mascot on the Las Vegas Sphere. One of the world’s largest music arenas, it can accommodate up to 20,000 people during performances and is a popular tourist destination in Vegas.

MetaMask, the largest web3 wallet, is currently in the testing phase for a groundbreaking Mastercard payment card, hailed as the first of its kind to operate entirely on the blockchain. The card, issued by Baanx, aims to enable users to seamlessly spend cryptocurrency for everyday purchases, leveraging the extensive network of merchants that accept traditional cards.