Solana News

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...

Visa’s Crypto Revolution: How Visa is Transforming Payments with Ethereum and Solana

Visa's foray into the world of cryptocurrency is indeed a bold move, and it speaks volumes about the company's recognition of the technological potential...

Solana’s Rocky Ride: Overcoming Regulatory Waves, Soaring Towards Growth

Solana's financial performance suffered in the 2nd quarter of the year as the US Securities and Exchange Commission (SEC) alleged that several cryptocurrency exchanges...

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Bitcoin Plunges to $90K as Fed’s Powell Warns of Sticky Inflation

Bitcoin Price declined to $90,000, causing a $500 billion reduction in total crypto market value. Federal Reserve's inflation warning and...

Tether Makes $775M Bet on Free-Speech Video Platform Rumble, Stock Surges 41%

Tether commits $775 million investment in video platform Rumble, starting with $250 million in cash. Deal structure includes acquisition of...

Meme Coin Influencer Breaks 16-Day Silence, Sides With Law Firm Suing Her Partners

Haliey Welch returns after 16-day silence following HAWK token collapse. Welch announces cooperation with law firm suing HAWK creators for...

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