Solana (SOL) | ForkLog

ForkLog 83 28.04.2025

Hacker Loopscale Offers to Return $5.8 Million for a Reward

On April 26, the DeFi protocol Loopscale, based on Solana, lost approximately $5.7 million USDC and 1200 SOL due to an attack that occurred two weeks after its launch. Update: Loopscale has re-enabled loan repayments, top-ups, and loop closing. All other app functions (including Vault withdrawals) are still temporarily restricted while we investigate and ensure […]

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ForkLog 34 24.04.2025

Solana to Enhance Network Decentralization with New Policies

The Solana Foundation is set to implement a new practice within its Delegation Program (SFDP) aimed at enhancing network decentralization, according to SolanaFloor. ?JUST IN: The Solana Foundation has introduced a new policy to reinforce decentralization: for every new validator added to its Delegation Program, three will be removed if they have held Foundation stake […]

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ForkLog 33 22.04.2025

Solana Staker’s Paper Profit Surpasses $153 Million

A Solana whale has begun to realise profits after four years of staking, according to analysts at Lookonchain.

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ForkLog 13 22.04.2025

Galaxy Digital Swaps Ethereum for Solana

Mike Novogratz’s Galaxy Digital has exchanged $105 million in Ethereum for Solana, according to analysts at Lookonchain. It seems that Galaxy Digital is selling $ETH and buying $SOL! In the past 2 weeks, Galaxy Digital deposited 65,600 $ETH($105.48M) to #Binance and withdrew 752,240 $SOL($98.37M) from #Binance.https://t.co/lD8tgkC4Py pic.twitter.com/olcPWNnGq2 — Lookonchain (@lookonchain) April 22, 2025 Over the […]

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ForkLog 22 21.04.2025

Upexi Shares Surge 583% Following Solana Reserve Strategy Adoption

Market maker GSR led a $100 million private funding round for consumer goods manufacturer Upexi, which plans to acquire Solana as a reserve asset. According to Bloomberg, the company’s market capitalization was approximately $3 million as of the close on April 17. At the time of writing, the firm’s shares had surged by 582.7%. At […]

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ForkLog 17 21.04.2025

Cryptocurrency Exchange Volume Hits Six-Month Low Amid Rising Derivatives Demand

On April 20, the combined trading volume (7 DMA) on platforms such as Binance, Coinbase, and Bitfinex fell to $30 billion—its lowest since mid-October 2024. This data was reported by The Block. Source: The Block. From a peak in early December ($132 billion), the figure has plummeted by more than 75%. Similar trends are observed […]

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ForkLog 25 21.04.2025

Solana’s Staking Volume Matches Ethereum’s: A Bullish Signal?

The total market value of assets locked in Solana staking has reached parity with Ethereum, amounting to $55.47 billion compared to $56.15 billion. In recent days, Solana briefly surpassed Ethereum in “staking market capitalization,” driven by the rise of SOL/ETH. Daily chart of SOL/ETH on Binance. Data: TradingView. Currently, the yield from locking SOL stands […]

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ForkLog 103 20.04.2025

Uniswap CEO Advocates for Prioritizing L2 in Ethereum Scaling

Ethereum’s blockchain lags behind Solana in terms of building DeFi, prompting developers to focus on second-layer (L2) solutions. This perspective was shared by Uniswap’s CEO, Hayden Adams, during a discussion with Bankless co-founder David Hoffman. Solana has a better roadmap, team, and and approach if the plan is to do defi on L1 /vertical scaling […]

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ForkLog 38 18.04.2025

Galaxy Research Proposes New Voting System to Curb Solana Inflation

Galaxy Research has proposed an adjustment to the voting system that determines the future inflation rate of Solana. We just introduced a new Solana proposal called Multiple Election Stake-Weight Aggregation (MESA) to reduce SOL inflation: a more market-based approach to agreeing on the rate of future SOL emissions.https://t.co/mcVdkRiM8y — Galaxy Research (@glxyresearch) April 17, 2025 […]

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ForkLog 15 16.04.2025

Raydium Unveils Token Launch Platform

The decentralised exchange Raydium has introduced its March-announced token launch platform, LaunchLab. Introducing LaunchLab, Raydium’s all-in-one token launchpad. Built for Creators, Developers, and the Community ?https://t.co/yZVzShVZSJ More info ⬇️ pic.twitter.com/r6s1DAegWf — Raydium (@RaydiumProtocol) April 16, 2025 According to the developers, the platform offers seamless and free creation of Solana tokens. Instead of writing code, users […]

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ForkLog 83 15.04.2025

Axiom’s Meme-Focused Solana Exchange Surpasses $100 Million in Trading Volume

On April 14, the daily trading volume of Axiom, a platform specializing in “meme coins,” exceeded $100 million for the first time. This data is presented in Dune Analytics. Data: Dune Analytics. The share of DEX in the segment reached approximately 50%. Data: Dune Analytics. The number of Axiom users reached a record 26,769. Data: […]

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ForkLog 24 15.04.2025

Canada to Launch First Spot Solana ETFs with Staking Feature

On April 16, Canadian companies will introduce the world’s first spot Solana ETFs to the market, according to Bloomberg analyst Eric Balchunas. FWIW, the 2 solana ETFs in US (which track futures so not a perfect ginnea pig) hhaven’t done much. Very little in aum. The 2x XRP already has more aum than both the […]

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