Cointime April 6th News Express
1. More than $13 billion in funds have been used to participate in Saga staking mining, making it Binance’s largest Launchpool to date
Andre Cronje: Solana's problem is an engineering obstacle rather than a consensus error
Andre Cronje, a director of the Fantom Foundation, wrote on X platform regarding the congestion issue on the Solana network. Currently, the crypto community has a high demand for block space on Solana, which is actually a bottleneck that needs to be optimized. However, this issue is just an engineering obstacle and not a consensus error, nor does it involve any important component problems. Solana can be considered a "successful victim".
Solana Chain’s Froganas NFT Series Sales Reached $1.45 Million in the Last 24 Hours, Up 20.4%
According to CryptoSlam data, Froganas NFT series on Solana's chain jumped to the top of the NFT market on Friday with significant sales performance. In the past 24 hours ending at 11 a.m. Eastern Time on Friday, the cumulative sales reached $1.45 million, representing a 20.49% increase in 24 hours.
Solana Repair Team Anza: It is expected to start releasing the fix next week and the test patch will be released today
The Anza development team (formerly part of Solana Labs, now led by core developer trent.sol) responsible for handling congestion on the Solana network, announced the latest progress on fixing congestion issues in the Agave client on X platform. Anza stated that significant progress has been made in the repair work and is expected to begin releasing fixes next week. The team has worked with other core contributors to analyze the root cause of the congestion and evaluate several potential change solutions. In addition, the Anza team will also release a test patch today to address the current network congestion issue, and if the patch runs smoothly, it will be more widely promoted.
Solana Q1 Status Report: Daily Spot DEX Trading Volume Increased 319% MoM to $1.5 Billion
Solana's average daily spot DEX trading volume increased by 319% to $1.5 billion compared to the previous period. Solana has become the main venue for retail users and memecoin traders. Projects built primarily on Solana raised $89.2 million in the first quarter, $2.5 million more than the total raised in 2023.
Cointime April 5th News Express
1.Mystiko.Network Community Sale Completed, Total $11.25 Million in XZK Sold2.Solana Co-founder Responds to the Sharp Increase in Transaction Failure Rates: Patch Coming Soon3.Ethena USDe market value exceeds 2 billion US dollars, setting a new record4.Du Jun, Executive Director and CEO of Xinhuo & Founder of ABCDE: Xinhuo Technology and ABCDE will invest 100 million US dollars to support blockchain companies that promote social development
5.QCP Capital: Bitcoin is expected to return to $70,000 this week, while Ethereum continues to be weak6.bitSmiley Labs officially launches its independent ecosystem plan, bitUniverse, and reveals its OG pass bitDisc-Black Upgraded Priviledges
7.Avalanche Foundation launches ice-breaking plan, focusing on LST track in the first phase and funding 500,000 AVAX
8.SuperRare Expands into Bitcoin Ordinals with Killer Acid's Psychedelic Art Collection
9.A dormant whale address for 8 months deposited 1,100 BTC into Binance10.Meme exchange DerpDEX.com completes multi-million dollar strategic investment, with participation from ABO Digital and others
A certain address spent 30.3 SOL to buy 261.27 million EPIK, making a profit of 195 times
Lookonchain monitoring shows that within a short period of 1 day, a certain address spent 30.3 SOL (worth $5,300) to buy 261.27 million EPIK on Solana, and sold 231.27 million EPIK at a price of 5,936.7 SOL (worth $1.04 million), earning a profit of 5,906.4 SOL (worth $1.03 million), with a return of 195 times.
Solana Co-founder Responds to the Sharp Increase in Transaction Failure Rates: Patch Coming Soon
According to the sharp increase in the failure rate of online transactions, co-founder Anatoly Yakovenko responded to Helius CEO's dynamic about "people who hate Solana are spreading FUD through the inability to trade" by saying: "The patch will be released soon, and we are urging trent.sol (core developer) to deal with this matter with all our efforts."
Bankless co-founder David Hoffman joins Solana Foundation as vice president of decentralization
According to official sources, David Hoffman, co-founder of Bankless, will resign from his position at Bankless in order to join the Solana Foundation full-time as its first decentralized Vice President (VP of Decentralization).
NFT sales on Solana chain exceeded US$243 million in March
Cryptoslam data shows that the sales of NFTs on the Solana blockchain in March reached $243,581,525.4, setting a record for the highest single-month sales so far this year. The total on-chain transaction volume exceeded 2.36 million, with approximately 376,000 independent buyers and over 202,000 independent sellers.
Mirror World Launches First Gaming Rollup on Solana
Mirror World, a leading web3 application development platform, has made a significant breakthrough in decentralized gaming ecosystems by introducing the first gaming rollup on Solana. This achievement is made possible by Mirror World's robust engine, Sonic, which enables developers to deploy game engines or virtual machines of their preference on the Solana blockchain using Mirror World's SDK. The architecture of Sonic is powered by HyperGrid, an innovative technology that empowers gaming platforms to establish their decentralized exchange (DEX) aggregators and on-ramp for Solana. Mirror World's commitment to nurturing the Web3 gaming ecosystem is highlighted by the company's offering of integrated tools for payment and settlement infrastructure and user engagement tools crucial for developing successful Web3 games.
Solana ecological meme token MEW briefly exceeded 0.01 US dollars
Market data shows that the Solana ecosystem Meme token MEW has briefly broken through $0.01 and is currently priced at $0.009932, with a 24-hour increase of 69.7%.
A trader bought 4.41 billion MEW on March 26, and the current profit has reached 1267 times.
Lookonchain monitoring shows that a trader spent 178.2 SOL (35,000 USD) on March 26th to purchase 4.41 billion MEW. Currently, the 4.41 billion MEW is worth 44 million USD, with a profit of 1267 times.
Solana ecological tokens generally rose, WIF rose nearly 30% in 24 hours
Solana's ecosystem tokens have seen a general increase in value, including: SOL, which has seen a 24-hour increase of 9.01% and is currently trading at $190.78; WIF, which has seen a 24-hour increase of 28.55% and is currently trading at $2.9051; RAY, which has seen a 24-hour increase of 14.79% and is currently trading at $2.2212; JUP, which has seen a 24-hour increase of 14.55% and is currently trading at $1.3457.
A smart investor exchanged 1.5 SOL for 9.3 million BAG 10 days ago and has made a profit of US$250,000 so far
The Data Nerd has monitored that 10 days ago, a smart investor E9x5i exchanged 9.3 million BAG tokens for 1.5 SOL (equivalent to $200) shortly after the deployment of the BAG token. One day later, the whale sold 8.1 million tokens at an average price of $0.032, earning $250,000. The whale still holds 1.1 million BAG tokens (equivalent to $70,600).
Solana on-chain DEX weekly trading volume reaches $18.892 billion
DeFiLlama data shows that the trading volume of Solana's DEX on-chain has reached 18.892 billion US dollars in the past 7 days, while the trading volume of Ethereum's DEX on-chain has reached 17.998 billion US dollars in the past 7 days.
Solana emerges as this year’s most popular blockchain ecosystem with 49.3% investor interest
CoinGecko has released the rankings of the 20 most popular blockchain ecosystems this year. Solana ranks first with 49.3% of investor interest, while Ethereum and BNB Chain rank second and third respectively, attracting 12.7% and 5.4% of investor attention. The specific rankings are as follows: 1. Solana 2. Ethereum 3. BNB Chain 4. Cosmos 5. Avalanche 6. Arbitrum 7. Base 8. Sei 9. Sui 10. Polygon 11. TON 12. zkSync 13. Cardano 14. Polkadot 15. Metis 16. Fantom 17. Injective 18. PulseChain 19. Aptos 20. Hedera.
Solana on-chain DEX transaction volume exceeded $2.8 billion in the past 24 hours
According to DeFiLlama data, the trading volume of Solana-based DEX in the past 24 hours reached 2.84 billion US dollars.
Solana ecological tokens generally rose, RAY rose nearly 40% in 24 hours
The Solana ecosystem tokens have seen a general increase in value, including: WIF with a 24-hour increase of 27.24%, currently trading at $3.11 USD. RAY with a 24-hour increase of 39.79%, currently trading at $3.16 USD; JUP with a 24-hour increase of 15.55%, currently trading at $1.54 USD.
