Just-In: Grayscale Solana Trust Down By 75% Open Trades On OTC Markets
Grayscale Investments, the world’s largest digital currency asset manager on Monday announced that its Solana Trust began trading on Over-the-Counter (OTC). It is being labeled under the symbol of GSOL. However, Grayscale Solana Trust is trailing by 75.97% in the last 12 months.
Solana Bearish Signal: $22 Million In SOL Enters Coinbase
According to data from the cryptocurrency transaction tracker service Whale Alert, a large transaction has been spotted on the Solana blockchain during the past day.
Solana's Crypto and Web3 Smartphone ‘Saga’ Available to the General Public on May 8
Solana’s cryptocurrency and Web3 smartphone, Saga, will be available for purchase on Monday, May 8, 2023, with pre-orders shipping on April 20.
Popular Tea Shop Boba Guys Taps Solana for On-Chain Loyalty Rewards Program
California and New York-based drink retailer Boba Guys is tapping the Solana ecosystem to build its on-chain loyalty program.
MonkeDAO Plans to Buy Rights to Popular Solana Monkey Business NFT Collection for $2M
MonkeDAO, a decentralized autonomous organization (DAO) launched in 2021 on the Solana blockchain, has announced plans to purchase the rights to the popular non-fungible token (NFT) collection Solana Monkey Business (SMB).
Crypto Morning Briefing: U.S. Court Summons Justin Sun Over SEC Charges
Amazon Launches New Bedrock AI Service To Take On Google and OpenAI; DeFi Exchange Uniswap Launches Uniswap Mobile Wallet; Solana Web 3.0 Smartphone ‘Saga’ Launched; Sales From May 8
Biggest Movers: DOGE Snaps Losing Streak as SOL Hits Fresh 6-Week High
Dogecoin snapped a two-day losing streak on Thursday, as sentiment in crypto markets remained bullish. The meme coin moved to a one-week high, moving away from a key price floor in the process. Solana rose for a fifth straight session.
Solana Web 3.0 Smartphone ‘Saga’ Launched; Sales From May 8
Anatoly Yakovenko, the co-founder of Solana addressed the Saga Launch Event from Solana Mobile. He said the user experience in web 3.0 has been holding users back, which is what the Saga wants to solve. The Solana mobile stack is comprised of two key components: the Seed Vault which is the hardware and the Solana dApp Store. The dApp Store allows users access Solana Decentralized finance (DeFi) protocols, NFT marketplaces, and Web 3.0 apps. Whereas the Seed Vault protects users’ seeds from malicious actors via secure hardware and AES encryption. Overall, the mobile stack has a comprehensive toolkit and an Android environment for building mobile-first dApps.
Fintech Helio Raises $3.3M in Seed Funding to Expand Web3 Payments Platform
London-based fintech Helio has raised $3.3M in a seed funding round led by Peak and Lightspeed Faction, with participation from RockawayX, Solana Labs, and angel investors. The company's Web3 payments platform enables merchants, dApps, and creators to accept instant crypto payments across multiple blockchains, including Solana, Polygon, and Ethereum.
Solana Mobile Announces 'Saga' Launch Event on April 13
Saga is a flagship Android mobile phone with unique functionality and features tightly integrated with the Solana blockchain.
Solana Launches Mobile Saga Feature on April 13, 2023
Solana Mobile Saga Launch Event , Thursday, 4.13.2023, 10am Pacific Time , Stay tuned for live streaming info.
Biggest Movers: SOL 15% Higher, as LTC Hits 5-Week High
Solana was up by as much as 15% on Tuesday, as momentum in cryptocurrency markets shifted higher. The global crypto market cap is up by 4.42% at the time of writing. Litecoin was another notable mover, as the token rose to a five-week high.
Solana Leads Crypto Market Rebound, Jumps 10% Overnight
Solana (SOL) has experienced a surge in price, outperforming the rest of the bullish market with an increase of over 10.1% in the past day, reaching a monthly peak of $22.50. One factor prompting excitement around Solana is the release of Saga, an Android smartphone powered by the Solana blockchain, on April 13, which is expected to let users mint their own NFTs from anywhere and access the wider Solana-based ecosystem of apps and projects. The network's fundamentals have been steady since the start of the year, with no significant improvement, and NFT trading volumes have declined. Nevertheless, Bitcoin's breakout above $30,000 has sent a bullish impulse throughout the market, with Cardano (ADA) and BNB also experiencing hefty rises of more than 5% over the past 24 hours.
Solana's Price Surges 104% in Q1 2023 and Introduces New On-Chain Storage Cost Reduction Solution
Solana's price experienced a significant surge of 104% in the first quarter of 2023, outperforming every other cryptocurrency in the top 25, including Bitcoin and Ether.
PsyFi Acquires Yield Generation Protocol Katana for Undisclosed Sum
PsyFi, a decentralized provider of best-in-class financial tools and products on the Solana blockchain, announced today it has acquired the yield generation protocol Katana for an undisclosed sum.
Solana NFT Minting Costs Could Get Cheaper With New Technology
Solana has unveiled "state compression," which aims to decrease data storage costs on-chain.
Solana-Based Rollbit Coin Faces Scrutiny Over Crypto Influencer Promotion Tactics
Solana-based Rollbit Coin is facing scrutiny over its promotion tactics involving crypto influencers. Rollbit Coin hired a number of popular crypto influencers to promote its project on social media, leading to concerns about the potential for misleading or deceptive advertising.
