Solana Suffers Dip Following $322M Wormhole Hack

Solana Suffers Dip Following $322M Wormhole Hack

Key Takeaways Solana is down 13.5% today. SOL tanked on the news that $322 million had been stolen from the Wormhole bridge. The Wormhole team says that it will be replacing the... Read more »
Layer 1s Ethereum, Solana Bounce Back After Shaky Start to 2022

Layer 1s Ethereum, Solana Bounce Back After Shaky Start to 2022

Key Takeaways Several Layer 1 chains are surging. Ethereum, Solana, and Avalanche are some of the top performing assets over the past 24 hours. As macroeconomic conditions are still uncertain, it may... Read more »
Solana is getting a new incentive rewards mechanism

Solana is getting a new incentive rewards mechanism

Step Finance, a Solana-based DeFi protocol, announced today that it’s launching a new kind of incentive mechanism for its users called Reward Options. The incentive will be distributed to Step Finance’s 12,000... Read more »
New data shows how Solana transactions compare against Ethereum

New data shows how Solana transactions compare against Ethereum

Solana network has become one of the viable alternatives to Ethereum in recent months. Like all other blockchain networks described as Ethereum killers, Solana claims to have the solution. Any network with... Read more »
Latest Solana Clog Causes Liquidation Bloodbath

Latest Solana Clog Causes Liquidation Bloodbath

Key Takeaways Solana suffered from network overload due to bots spamming the network again this weekend. The congestion prevented DeFi users from adjusting their collateralized positions as prices crashed, resulting in widespread... Read more »
Solana Looks Ready for Relief Rally to $200

Solana Looks Ready for Relief Rally to $200

Key Takeaways Solana is down more than 50% from its all-time high recorded in November. SOL appears to be trading in oversold territory, suggesting a rally may be incoming. A spike in... Read more »
Bank of America calls Solana “Visa of the digital asset ecosystem”

Bank of America calls Solana “Visa of the digital asset ecosystem”

A leading financial institution, the Bank of America, has predicted that Solana could become the “Visa of the digital asset ecosystem,” which would enable it to steal more of the market share... Read more »
Visa onboards first Solana project to its Fintech Fast Track program

Visa onboards first Solana project to its Fintech Fast Track program

Zebec, a programmable cash stream protocol, has partnered with Visa to join the exclusive Visa Fintech Fast Track Program. According to a press release shared with CryptoSlate, Zebec is the first Solana-based... Read more »
Terra Touches $100 Following Solana and Avalanche Rally

Terra Touches $100 Following Solana and Avalanche Rally

Key Takeaways Terra’s LUNA token hit an all-time high of $100 today. LUNA’s bullish price action follows similar moves from Solana and Avalanche, two other Layer 1 projects. The three tokens, collectively... Read more »
Step Finance launches $5 million fund to boost the growth of critical tools on Solana blockchain

Step Finance launches $5 million fund to boost the growth of critical tools on Solana blockchain

Step Finance, the “front page of Solana blockchain,” has launched a $5 million fund to make the Solana ecosystem more robust by building critical data tools. The fund launched will encourage users... Read more »