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#Solana (SOL)

Latest news and articles on the Solana blockchain. Expert analysis and forecasts on the SOL cryptocurrency price.

Solana Node Operator Reveals Beneficiaries of Meme Coin Frenzy
ForkLog 17 17.12.2024

Solana Node Operator Reveals Beneficiaries of Meme Coin Frenzy

Solana, Jito, and Raydium are the main beneficiaries of the meme coin hype. The most profitable strategy is the long-term provision of liquidity to the “funny coins” market. The meme coin market is experiencing a “second cycle” with increased competition and risks. Providing liquidity to the meme coin market is more profitable than it might […]
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VanEck Predicts Ethereum at $6000 and Solana at $500
ForkLog 94 14.12.2024

VanEck Predicts Ethereum at $6000 and Solana at $500

At the peak of the current bull cycle, the price of the second-largest cryptocurrency by market capitalization will exceed $6000, while Solana and Sui will reach $500 and $10, respectively. This forecast was made by VanEck specialists. “After this peak, we expect a 30% correction in the price of Bitcoin. Meanwhile, altcoins may fall more […]
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Raydium Protocol Retains Top Spot in DEX Trading Volume
ForkLog 24 11.12.2024

Raydium Protocol Retains Top Spot in DEX Trading Volume

Since October 2024, the AMM protocol Raydium has led in trading volume among DEXs across all blockchains, according to analytics service Messari. In October, @RaydiumProtocol emerged as the leading DEX by trading volume across all chains. This trend accelerated in November, with Raydium processing $124.6 billion in monthly volume, surpassing Uniswap’s $90.5 billion by 30%. […]
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Ethereum Researcher Max Resnick Moves to Solana
ForkLog 54 10.12.2024

Ethereum Researcher Max Resnick Moves to Solana

Ethereum developer Max Resnick has announced his departure from the ConsenSys team to join Anza, a company focused on Solana. Last week was my last week at Consensys. Today is my first day at @anza_xyz. I’m taking my talents to Solana. In my first 100 days, I plan on writing a spec for as much […]
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SEC to Reject Two Solana-ETF Applications, Reports Suggest
ForkLog 15 06.12.2024

SEC to Reject Two Solana-ETF Applications, Reports Suggest

The SEC has informed at least two of the five issuers of spot Solana-ETFs that it intends to reject their 19b-4 forms, according to Fox Business journalist Eleanor Terrett. ?SCOOP: I’ve confirmed that the @SECGov has notified at least two of the five prospective issuers that it will reject their 19b4 filings for the $SOL […]
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Solana's Co-Founder Highlights Network Benefits from Meme Coins
ForkLog 7 06.12.2024

Solana’s Co-Founder Highlights Network Benefits from Meme Coins

The surge in popularity of meme tokens on Solana has resulted in a stress test of the network aimed at enhancing its resilience. This was stated by the project’s co-founder Anatoly Yakovenko, reports The Block. During a discussion on stage at the Emergence conference in Prague, the entrepreneur joked: “Blessed are the meme coin traders, […]
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Justin Drake: Solana Will Not Overtake Ethereum
ForkLog 26 05.12.2024

Justin Drake: Solana Will Not Overtake Ethereum

Initially conceived as a “killer” of the second-largest cryptocurrency by market capitalization, the Solana network does not pose a threat to Ethereum and is not even a direct competitor. This view was shared by one of Ethereum’s core developers, Justin Drake, in an interview with CoinDesk. According to him, competing with specialized networks in terms […]
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Hackers Exploit Solana Developers via JavaScript Library Compromise
ForkLog 49 04.12.2024

Hackers Exploit Solana Developers via JavaScript Library Compromise

Malefactors have breached the JavaScript library @solana/web3.js, a crucial tool for developers building decentralized applications on the Solana blockchain, according to analysts at Anza. Earlier today, a publish-access account was compromised for @solana/web3.js, a JavaScript library that is commonly used by Solana dapps. This allowed an attacker to publish unauthorized and malicious packages that were […]
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Pump.fun's Monthly Revenue Hits $93 Million
ForkLog 60 03.12.2024

Pump.fun’s Monthly Revenue Hits $93 Million

The Solana-based platform for launching and trading meme tokens, Pump.fun, achieved a record revenue of $93 million in November, according to data from DeFi Llama.
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Solana's DEX Monthly Turnover Surpasses $100 Billion
ForkLog 12 26.11.2024

Solana’s DEX Monthly Turnover Surpasses $100 Billion

In November, the trading volume on decentralized exchanges (DEX) within the Solana network reached a record $109.8 billion. By comparison, Ethereum’s figure is nearly half at $55.3 billion, according to DeFi Llama. Data: DeFi Llama. In October, Solana’s DEX turnover was $52.9 billion. In November, the metric exceeded this value by 107.6%. The previous monthly […]
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Experts Anticipate Solana ETF Launch by 2025's End
ForkLog 83 25.11.2024

Experts Anticipate Solana ETF Launch by 2025’s End

The United States’ crypto-friendly policies and the success of Bitcoin and Ethereum-based exchange-traded funds (ETFs) suggest that spot Solana ETFs may emerge within the next year, according to The Block CEO of Two Prime Digital Assets, Alexander Blum. “[Major issuers] wouldn’t spend time and money if they weren’t confident of success. […] Access for institutions […]
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Solana Reaches All-Time High Amid Four SOL-ETF Listing Applications
ForkLog 73 22.11.2024

Solana Reaches All-Time High Amid Four SOL-ETF Listing Applications

The Chicago Board Options Exchange (CBOE) has submitted 19b-4 forms for four applications to launch spot Solana-ETFs. The relevant documents have been filed with the SEC.  In total @CBOE just filed for 4 Solana ETFs. One for @vaneck_us, @21Shares, @CanaryFunds and @BitwiseInvest. The ball is in SEC’s court now. pic.twitter.com/ga5B7HaR4M — James Seyffart (@JSeyff) November […]
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