Solana News

Investor Optimism Grows as Solana Shows Signs of Potential Rebound

Solana must exceed $155 and later $190 to end the current downtrend.The coin has added 20% from June 2024 lows despite ongoing selling pressure.Analyst...

Solana Foundation Expels Validators for Sandwich Attacks

The Solana Foundation removed several validator operators from its delegation program.These validators were involved in sandwich attacks on Solana users.Decisions regarding their removal are...

PayPal Expands PYUSD to Solana Blockchain

PayPal has added its stablecoin, PYUSD, to the Solana blockchain.This move offers lower transaction costs and faster processing times.Users will experience unified balances across...

Solana Prepares for Major Network Update to Address Congestion Issues

Solana is set to release version v1.18 on May 27, targeting improvements in network congestion.Recent updates have been tested by validators who play a...

Solana Faces Transaction Failures, Price Drop Amid Network Scaling Issues

Solana network experienced a surge in transaction failures, with approximately 75% of non-vote transactions failing on April 4.The price of Solana's cryptocurrency, SOL, dropped...

What Does LP Burn in Solana Tokens Mean?

LP Burn in Solana tokens refers to the act of permanently removing liquidity pool (LP) tokens from circulation, securing the assets within the pool.By...

Solana’s Meme Token Market Takes a Tumble

KEY TAKEAWAYSSolana's meme tokens have seen significant price drops, with some falling by over 70%.Dogwifhat (WIF) token plunged 76% from its peak, now trading...

Solana’s Milestone 1.16 Update Introduces Confidential Transfers for SPL Tokens as SOL Holds Steady

Solana's version 1.16 update has completed its extensive approval process, marking a culmination of nearly ten months of diligent development and rigorous testing.This...

Latest news

New Financial Systems: Surveillance and Tokenization Threaten Inclusion

The new financial governance system promises inclusion but raises serious exclusion fears.Digital IDs and blockchain technology could lead to...

REPORT: Crypto Trading Surges: US and Europe Lead the Market in 2024

Global cryptocurrency trading volume is estimated to exceed $108 trillion in 2024.The United States is the leading country in...

Ripple SEC Settlement Speculations Stir XRP Market, Price Surges 38%

Ripple moved 150 million XRP coins, fueling speculation of strategic motives.Ripple CEO Brad Garlinghouse hails the July 13 ruling...

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