Solana (SOL) | ForkLog

ForkLog 11 14.03.2024

BNB Surge Linked to Binance Launchpool and Reinvestment, Say Experts

Binance has successfully created a self-sustaining growth cycle for BNB through Launchpool. Users of the platform frequently reinvest the “farmed” assets, according to QCP Capital. Experts explained that platform clients sell tokens obtained from campaigns and increase their BNB holdings for subsequent staking. They aim to boost returns from participating in new projects. Given the […]

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ForkLog 10 13.03.2024

Bitcoin’s Ascent to $100,000 and SEC’s Reluctance on Ethereum ETF

Bitcoin is expected to rise to $100,000 in the second half of the year, while the outlook for a spot Ethereum ETF appears less optimistic. These expectations were shared with journalist Colin Wu by macroeconomist Luxon, who spoke under a pseudonym. Read more. The expert derived this target by assuming that the American asset management […]

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ForkLog 14 13.03.2024

Solana-Based NFT Marketplace Tensor to Launch Governance Token

The team behind the Solana-based NFT trading platform Tensor has introduced the governance token TNSR. Introducing $TNSR — the future of NFT trading.$TNSR will govern Tensor protocols that have already traded over $2bn worth of NFTs on the fastest, most scalable blockchain — Solana. pic.twitter.com/eff2IxGOwr — Tensor Foundation (@TensorFdn) March 12, 2024 The Tensor Foundation […]

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ForkLog 15 12.03.2024

Trader Turns $4 into $63,400 with Meme Coin Investment

A Solana holder managed to earn $63,400 in just five hours with minimal investment in the meme coin WolfWifBallz, as noted by analysts at Lookonchain. What can you do with $4? This trader made $63.4K with only $4! He spent 0.025 $SOL($4) to buy #MEMEcoin $BALLZ, and sold it for 428.15 $SOL($63.4K) 5 hours later. […]

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ForkLog 7 11.03.2024

Weekly Inflows into Crypto Products Hit Record $2.69 Billion

Inflows into cryptocurrency investment products from March 2 to March 8 reached $2.69 billion, up from $1.83 billion in the previous reporting period, according to a review by CoinShares. Data: CoinShares. This positive trend has continued for the sixth consecutive week. The previous record of $2.45 billion was set from February 10 to February 16. […]

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ForkLog 13 11.03.2024

Unibot Token Plummets 45% Following Solana Disconnection

On March 11, the native token of the Telegram bot Unibot (UNIBOT) fell by 45% following the termination of its collaboration with the team that connected the application to the Solana network. Dear Community Members, We are reaching out to share a significant update regarding our collaboration with the team which deployed Unibot on Solana. […]

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ForkLog 57 11.03.2024

Solana’s Jito Mempool Disabled Amid MEV Bot Surge

Jito Labs, the developer of the Solana client, has announced the shutdown of its mempool due to ongoing MEV bot attacks. Jito Labs has decided to suspend the mempool offered through the Jito Block Engine due to negative externalities impacting users on Solana. The decision has been made after deliberate conversations with the Jito Labs […]

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ForkLog 66 08.03.2024

Pantera Capital to Invest $250 Million in Solana from FTX

Digital asset manager Pantera Capital aimed to raise up to $250 million by the end of February to purchase Solana (SOL) from FTX, according to Bloomberg. Journalists examined materials intended for potential investors. The minimum investment threshold was set at $25 million. The annual management fee was 0.75%. Pantera Capital would waive this fee if […]

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ForkLog 18 07.03.2024

Celebrity-Inspired Meme Tokens Surge on Solana

Meme coins with misspelled celebrity names like Jeo Boden, Danold Tromp, and Olen Mosk have sparked a buying frenzy among Solana users. My Boden wallet this morning wtf pic.twitter.com/QrMAELPPom — Hector: Crypto Coin Buyer (@zKXBT) March 6, 2024 Below are other assets in the category. Data: DexScreener. Interest in the segment arose after an improvement […]

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ForkLog 130 04.03.2024

Parallelization: what it is and how it scales blockchains

An explainer on parallelization and how it helps scale blockchains.

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ForkLog 38 27.02.2024

Bybit Identifies Ethereum as Leading Institutional Crypto Asset

The share of Bitcoin and Ethereum in institutional portfolios increased from 50% to 80%. Open interest in options for the second-largest cryptocurrency by market capitalization reached a new all-time high. The growth is linked to increased volatility, expectations for the Dencun upgrade, and prospects for ETF approval. Ethereum has taken the largest share among cryptocurrencies […]

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ForkLog 19 26.02.2024

Weekly Inflows to Crypto Funds Decline to $598 Million

Funds flowing into cryptocurrency investment products from February 17 to 23 amounted to $598 million, following a record $2.45 billion in the previous reporting period, according to a report by CoinShares. Net inflows since the beginning of the year have reached $5.76 billion—55% of the all-time high inflows recorded in 2021. The positive trend continued […]

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