About 200,000 SOL transferred from Huobi to unknown wallet, worth about $11.55 million
According to Whale Alert monitoring, 199,999 SOL (worth $11,546,776) was transferred from Huobi to an unknown wallet at 20:47 Beijing time.
A total of 3.7 million SOL has been transferred out of the FTX cold wallet in the past week, with 253,407 SOL remaining.
According to Lookonchain monitoring, in the past week, FTX cold wallet address has released 3.96 million SOL tokens (equivalent to 230 million US dollars) from pledge, and a total of 3.7 million SOL tokens (equivalent to 215 million US dollars) have been transferred out; currently, there are still 253,407 SOL tokens left (equivalent to 14.75 million US dollars).
The current premium of Grayscale FIL Trust is 901.67% and the premium of SOL Trust is 869.29%
According to Coinglass data, the current premium for grayscale FIL trust is 901.67%, and the premium for SOL trust is 869.29%.
Coinbase International and Coinbase Premium add support for SOL and AVAX perpetual futures contracts
Coinbase International Exchange and Coinbase Advanced have added support for perpetual futures contracts on Solana and Avalanche. If liquidity conditions are met, the SOL-PERP and AVAX-PERP markets will open around 4pm (UTC) on November 14, 2023.
130,000 new active wallets were added to the Solana chain in the past 7 days
According to Solscan data, there were 130,000 new active wallets on the Solana chain in the past 7 days.
Solana Ecosystem Jupiter: Will soon announce progress related to the first round of community airdrops
Jupiter Exchange, an alternative asset trading platform in the Solana ecosystem, announced that it will reveal significant progress related to the first round of community airdrops and more information on other "Grow The Pie" plans during the Solana Breakpoint conference.
As previously reported by BlockBeats, on November 3rd, Jupiter Exchange announced during the Solana Breakpoint conference that it will soon launch its native token, JUP, with a promise to allocate 40% for community growth and airdrops, 20% for public token sales, and 40% for team and strategic reserves.
In addition, Meow, the alias co-founder of Jupiter, stated in the community that Jupiter will consult with the community in the next two weeks before determining a specific release schedule, and added that JUP will serve as a governance token. Jupiter Exchange completed a $5 million seed round of financing in May of last year, led by White Hilt Capital.
Solana ecological transaction aggregator Jupiter: will soon announce progress related to the first round of community airdrops
Solana ecosystem trading aggregator Jupiter announced that it will announce significant progress related to the first round of community airdrops and more information about other "Grow The Pie" plans during the Solana Breakpoint conference.
Solana Foundation Strategy Director: Solana’s efforts during the bear market are paying off
Austin Federa, the strategic director of the Solana Foundation, explained in a podcast how the builders of Solana persisted and continued to improve the project's technology during the bear market. According to him, Solana's recent performance improvements have corrected many of the issues that plagued its performance during the 2021 bull market.
He pointed out: "I think you saw a lot of 'thinkinfluencers' on Twitter 18 months ago saying that Solana's architecture was fundamentally flawed to some extent and that they could never stabilize it due to the 'original sin' in the codebase - which is very similar to most of the most radical statements on Twitter (i.e. the X platform). But the fact is that this is not actually the case." (The Block)
999,990 SOL transferred to unknown wallet
According to Whale Alert monitoring, 999,990 SOL coins (about $57,524,610) were transferred from an unknown wallet to another unknown wallet.
325,222 SOL transferred to Binance
According to Whale Alert monitoring, 325,222 SOL (about $18,666,993) was transferred from an unknown wallet to Binance.
Solana's Native Token SOL Rallies 20% in 24 Hours, Erases Yearly Losses
Solana's native token SOL has experienced a 20% surge in the past 24 hours, extending its three-week upward trend that has wiped out its yearly losses. The token is currently trading at around $54, a level it last reached in the aftermath of Terra Luna's market collapse in May 2022. Despite concerns over FTX Group's actions, a major holder of the SOL token, SOL's price has risen following Solana's annual conference. The increase in price could benefit FTX's creditors, but it remains to be seen if SOL can maintain this level for years, as much of FTX's SOL holdings are locked up until 2027 or later.
SOL breaks above $50
The market shows SOL has broken through $50 and is now trading at $50.02, with a daily increase of 7.29%. The market is volatile, so please manage your risks carefully.
SOL exceeded 48 USDT, with a 24-hour increase of 13.34%
According to the OKX market, SOL has broken through 48 USDT with a 24-hour increase of 13.34%, reaching a new high since August 2022.
FTX address once again transferred 250,000 SOL to Binance
According to Pai Shield monitoring, an address marked as FTX on the chain has once again transferred 250,000 SOL (worth about $10.9 million) to Binance. The current balance of SOL in the FTX address is about 1 million SOL (worth $43.4 million).
More than 453,000 SOL transferred from unknown wallet to Kraken
According to Whale Alert monitoring, at 16:46:07 today Beijing time, 453,344 SOL (approximately $18,768,952) was transferred from an unknown wallet to Kraken.
FTX deposited 1.21 million SOL and 1,583 ETH to Binance and Kraken in the past 20 hours
Spot On Chain monitoring shows that FTX has deposited 1.21 million SOL (worth $48.6 million) and 1,583 ETH (worth $3 million) into Binance and Kraken in the past 20 hours. Since October 24th (13 days ago), FTX and Alameda have transferred a total of 31 tokens worth $310 million to exchanges.
Circle Lianchuang: Euro stablecoins EURC and CCTP will soon support Solana
Jeremy Allaire, co-founder and CEO of stablecoin issuer Circle, announced on social media that Circle's new products will soon launch on the Solana blockchain, including its Euro stablecoin EURC and cross-chain transfer protocol CCTP. Once CCTP completes its support for Solana, users will be able to send and receive USDC stablecoins between Ethereum, Cosmos, AVAX, and other Layer 2 networks that support EVM.
Solana Overtakes Polygon in Daily DEX Volume and Transactions, Continues Upward Momentum
Solana (SOL), a competitor to Ethereum (ETH), has surpassed Polygon (MATIC) in daily decentralized exchange (DEX) volume, according to data from blockchain tracking platform Artemis. Solana's DEX volume was approximately $240.5 million, while Polygon's was $137.5 million. Solana also surpassed its competitors, including ETH and Avalanche (AVAX), in terms of daily transactions, with 19.5 million on November 2nd. Solana's market cap has also been outpacing its competitors since the start of October, and its price has increased by about 300% since January 1, 2023.
Solana Foundation announces the list of winning projects for the 8th Hackathon "Hyperdrive"
On November 4th, the Solana Foundation announced the winners of the 8th Hackathon "Hyperdrive". The hackathon had a prize pool of up to $1 million in cash and seed funding. The grand prize winner was the AI chatbot FluxBot, which received a prize of 50,000 USDC. The remaining list of winners is as follows:
Mobile DApps for users: Sollinked, Kizzy, Cliq, BinDApp, 3TV;
Crypto infrastructure: epPlex, Ping, SolKeeper, Firethree, DeAuth;
AI: Wysdom, Aperture, ByteIn, FRIDAY, GuardianAI;
Games and entertainment: Solciv, SyncStudios, HyperdriveHavoc, Geoverse, FootballClubOwners;
Finance and payments: Alexandria, Luxhaus, SurferFinance, Juicer, SeagullOne;
DePIN: Shaga, Dain, Albedo, Vaxchain, Clusttr; ·DAO and network countries: PubkeyLink, Tatami, Hub3, DAOCre-8, Onda.
Solana CEO: About 20% of Solana projects are invested by FTX or Alameda
Solana co-founder and CEO Anatoly Yakovenko stated that about 20% of Solana's projects are invested by FTX or Alameda, and about 5% of Solana's projects have funds stored on the FTX exchange. For startups, the collapse of FTX is disastrous, as "start-up teams are watching their competitive track disappear." (cointelegraph)
