Solana (SOL) Surges 24%, But Is it Sustainable Growth?
Solana’s native coin, SOL, is one of today’s top performers, pumping by 24%. But analysts anticipate a correction.
Solana, Cardano Both Up 21% Late Sunday, Setting Monthly Highs
The value of both Solana and Cardano spiked by over 21 percent late Sunday, according to data from CoinGecko, both reentering territory not seen by either since November. Cardano, the eighth-largest cryptocurrency by market cap, saw its price spike to $0.33—a price not seen since November 19. Meanwhile, Solana, which kicked off a remarkable run with an 11% jump in value on Monday, spiked again Sunday to $16.04, territory it hasn't seen since Nov. 9, when it was partway through a collapse of more than 50% over the prior three days. Solana saw the best first week of the year out of any top-2o coin, today clearing a 60% increase over seven days. It's a remarkable rebound for SOL, which plummeted more than 41% in the wake of the FTX collapse. Once called an "Ethereum killer," Solana was once a favorite of Sam Bankman-Fried. (Decrypt)
Venture Capital Funds and Smart Contract Networks — Why the Promised Land Failed to Deliver
We shouldn’t be surprised that Solana and Polygon networks face DDoS attacks that slowed down transactions and made these networks unusable on multiple occasions. This is the price of centralization.
Is Polygon Co-founder Trading Solana’s Meme Coin BONK?
Bonk Inu in a tweet on January 7 claimed that user experience on the Solana blockchain is so good that even Polygon’s co-founder Sandeep Nailwal experienced using BONK tokens.
Polygon Paid y00ts NFT Collection $3 Million to Leave Solana
DeLabs, the startup behind top Solana NFT collections DeGods and y00ts, has revealed that it received a $3 million grant to move y00ts to the Ethereum sidechain Polygon.
Solana vs. Polygon: A Developer’s Perspective
A look at the scalability, security and performance of two of the most popular smart contract blockchains, written by someone who has built on both and chose Solana for an upcoming wallet app.
BONK, Which Is a Solana-Based, Dog-Themed Token, Was Up 3488.7% This Week
Meme coins, which are popular cryptocurrencies often inspired by internet jokes, have seen their fair share of volatility over the years.
Bonk Inu Developers Burn All Their Team Tokens as Solana Ecosystem Frenzy Continues
Developers behind Solana-based memecoin project Bonk Inu (BONK) burned over 5 trillion tokens, or 5% of the total supply, earlier on Friday, blockchain data shows. The move claimed to have effectively burned all tokens earmarked for developers of the project.
Solana’s Doge-Themed BONK Drops 54% After Bonkers 3,300% Gains
Meme coins and tokens are famously volatile, surging and falling based on things like social media sentiment—as seen in many past occasions with Elon Musk and Dogecoin. Now BONK, a Solana-based, dog-themed token, is experiencing that same kind of turbulent momentum, falling by over half today after ascending to an all-time high price overnight.
Solana NFT Marketplace Magic Eden Offers Refunds Following Fake y00ts Fix
Solana NFT marketplace Magic Eden offered refunds to users affected by the posting of unverified NFT collections on its marketplace.
