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).
