Solana Developers Say Reason For Network Outage Still Unclear
Solana developers said on Monday that the reason for a network-wide outage over the weekend was still unclear and that investigations were ongoing.
Solana Validators to Make Second Restart Attempt as Transaction Freeze Drags On
The Solana network’s deep freeze continued Saturday as validators were preparing a second restart attempt that they hoped would restore service to users of the blockchain.
Solana Restart Progress: What’s Happening After Network Upgrade
A network upgrade on Solana led to issues for users in trading digital assets on the blockchain. The network has been on restart mode due to an issue during the upgrade from 1.13 to 1.14 as it slowed down block finalization. The Solana network slowdown is attributed to an upgrade to validator software. However, the Solana price is not very much impacted with the network halt, compared with the crypto market. In comparison, Bitcoin price is down 0.60% in the last 24 hours.
Solana Blockchain Experiences Technical Glitch Causing Transaction Slowdowns
On Saturday at about 6:37 UTC, the Solana blockchain experienced reduced functionality, and users reported a significant slowdown in block finalization, along with some transaction failures. Solblaze, the liquid staking pool, reported that while Solana did not completely stop block production, it did experience a slowdown due to a forking event.
Inside the mtnDAO: Solana Devs Gather for a Month-Long Utah Retreat
Across from a seedy 7-Eleven and around the corner from a Victorian-style municipal hall in central Salt Lake City, Utah, Solana developers flock for a month-long coding retreat: mtnDAO.
Eclipse to Launch Rollup Blockchain for Polygon Network with Solana Compatibility
Customizable rollup provider Eclipse announced that the startup is launching a scaling solution that is compatible with Solana and Polygon. Eclipse disclosed that the Layer 2 blockchain can run smart contracts on Solana, and decentralized applications (dapps) will be easily migratable to the Polygon Sealevel Virtual Machine (SVM).
Biggest Movers: LTC Snaps Losing Streak, SOL Moves 7% Lower
Litecoin snapped a four-day losing streak on Feb. 22, despite cryptocurrency markets mostly trading lower. The token rose for the first time since Saturday’s session, when prices were above $100.00. On the other hand, solana extended recent declines, falling by as much as 7%.
Solana Spaces Close Less Than a Year After Opening
Solana Spaces, two retail stores that opened up this summer in New York and Miami, will be closing down by the end of February.
Solana Spaces will Close New York and Miami Stores 7 Months After Opening
Solana Spaces will close down its two Solana-themed, community-oriented retail stores in New York City and Miami at the end of the month, as the physical stores didn’t onboard as many users as initially anticipated. Solana Spaces tweeted the news on Feb. 21, sharing a note from founder Vibhu Norby explaining the reasons behind the store shutdowns. Norby — who founded Solana Spaces in early 2022 — explained that the company reached an “inflexion point” with the stores, prompting them to shift its investment focus to “DRiP,” the firm’s new nonfungible token artwork airdrop platform. (Cointelegraph)
Solana Spaces Closing Stores in NYC and Miami
Solana Spaces—Solana-themed retail storefronts—announced the closure of its company-owned and operated stores on Tuesday, another ambitious initiative frozen by the prolonged crypto winter.
Solana ($SOL) Price Up Nearly 30% in a Week As It Moves To Overtake Dogecoin ($DOGE) Market Cap
The price of Solana ($SOL) has moved up nearly 30% over the last seven days to now trade above the $26 mark, as the cryptocurrency has been quickly recovering from the collapse of FTX, and as developers keep building on it.
Solana (SOL) Up 12% Following This Major Announcement
Solana (SOL) is starting the week on a very bullish note, with its price up 12.62% to $26.61, according to data from CoinMarketCap. Per its current price action, Solana is now up by more than 26% over the trailing seven-day period, doubling its rank as one of the best-performing Layer-1 protocols for this year.
Helium to Fully Migrate to Solana Blockchain by March 27
Decentralized wireless communication network Helium will entirely shift to the Solana blockchain by March 27, developers said on Friday.
Solana Price Prediction as $800 Million Trading Volume Floods In – Here's Where SOL is Headed Now
Solana (SOL), the cryptocurrency that powers Solana’s high-performance smart-contract-enabled blockchain, saw an impressive $830 million in trading volumes on Thursday, according to data presented by crypto analytics platform Token Terminal. That was the second-highest daily trading volume in two weeks, with only Wednesday (the 15th of February) clocking in ahead with volumes of $850 million.
Biggest Movers: SOL Rebounds, TRX up for Fifth Straight Session
Solana was one of Tuesday’s notable movers, as the token rebounded from losses to start the week. The move comes despite U.S. inflation figures missing expectations. Consumer prices came in at 6.4%, higher than the 6.2% many had forecasted. Tron rose for a fifth consecutive session on Tuesday.
XP Foundry Migrates Mobile Game Rooniverse to ImmutableX
XP Foundry, a Web3 game studio, said it is migrating on-chain assets of its mobile game Rooniverse to ImmutableX from Solana.
SOL, ADA Plunge, as Market Momentum Turns Bearish
Solana slipped to a three-week low on Feb.10, as momentum in cryptocurrency markets remained firmly bearish. At the time of writing this, the global market cap is trading 4.23% lower, with bears recapturing sentiment. Cardano was also on the decline, falling by as much as 8% today.
Whale Abruptly Moved $184 Million Worth of SOL as Solana Seals Partnership with Software Giant Brave
A few hours ago, a crypto whale initiated the transfer of a whopping sum of SOL worth millions of dollars to a wallet of an unknown origin. This movement was triggered after Solana sealed a partnership with the software giant Brave.
Solana (SOL) Scores New Integration With Brave Browser
Solana (SOL) is currently recording a trend in its price action after securing a new partnership with the Brave New Browser. At the time of writing, the digital currency is up by 1.84% to $23.66 in what looks like the onset of a new price resurgence.
Cardano’s Charles Hoskinson Trolls Solana’s ‘Grizzlython’
Cardano founder Charles Hoskinson has reacted to Solana’s latest hackathon, dubbed ‘Grizzlython,’ apparently deriding the idea. In a tweet today, the Cardano founder reacted to the promotional video, questioning the event’s name with a Mike Tyson GIF. It is worth noting that there is no love lost between the Cardano and Solana communities. It is a feud primarily sparked by Solana’s co-founder Anatoly Yakovenko deriding Cardano developers for being too careful in a video that made the rounds on Twitter last June. Notably, Yakovenko predicted that Cardano’s dedication to correctness would prevent them from delivering on their promises. (thecryptobasic)
