Solana adds $1B worth of stablecoins in December
The network now holds approximately $5 billion worth of stablecoins, mostly made up of USDC. Go to Source
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The network now holds approximately $5 billion worth of stablecoins, mostly made up of USDC. Go to Source
In 2022, the Terra blockchain and UST stablecoin imploded, leaving a trail of devastation that only worsened when FTX collapsed later that year. The crypto asset solana (SOL) took a hard hit, plunging to alarming lows. By January 2023, SOL was scraping the bottom of the barrel in terms of price. Yet, in an unforeseen … Read more
Slinky, a blockchain project that uses ZK compression, has launched an airdrop to distribute 10% of its total supply to 27.7 million wallets on Solana. The project utilizes ZK-compressed token accounts, a storage mechanism that allows launching a massive airdrop and keeps costs low. Slinky explained that by employing traditional methods, such an operation would … Read more
Elisa Rossi, the ex-wife of Solana co-founder Stephen Akridge, has accused him of stealing millions of dollars in SOL staking rewards. Go to Source
Stephen Akridge, a co-founder of blockchain platform Solana, faces a lawsuit from his ex-wife, Elisa Rossi, alleging he misappropriated millions in solana (SOL) token profits. Rossi claims Akridge exploited his advanced crypto knowledge to secretly collect her staking rewards. The lawsuit, filed in San Francisco Superior Court, seeks damages for fraud, unjust enrichment, and breach … Read more
Declining network activity and interest in memecoins put a dent in Solana price, but derivatives data suggest limited downside. Go to Source
Bitcoin’s repeated failure to cross above $100,000 increases the risk of a drop under $90,000. Go to Source
More than 93% of Solana’s validators use Jito’s software for MEV, according to Jito Labs. Go to Source
Over the past two years, solana (SOL) has experienced extraordinary growth, with a reported price appreciation of 2,143%, according to a comprehensive study by Glassnode researchers Ukuria OC and Cryptovizart. From Rock Bottom to Billion-Dollar Liquidity The Glassnode report examines the asset’s recovery, its competitive performance against major cryptocurrencies, and the factors driving its momentum. … Read more
Bitcoin’s recovery shows solid buying at lower levels, increasing the possibility of a break above $100,000 in the short term. Go to Source