Ethereum layer-2 volumes rose by 70%— Will they eclipse Solana
A notable surge in activity puts analysts’ eyes back on Ethereum. Can the Ethereum network catch up to and surpass Solana? Go to Source
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Solana TVL declines, but will SOL price react negatively?
SOL recently rallied to $152 but will a decline in Solana’s network TVL negatively impact the altcoin’s price? Go to Source
Ethena Labs launches Solana version of USDe stablecoin
USDe was made available on Solana and became integrated with multiple Solana-based DEXs and DeFi protocols, including Kamino, Orca and Drift. Go to Source
Solana Spaces will close New York and Miami stores 7 months after opening
Norby said the “experiment” was part of a plan to onboard more people onto Solana, but the stores didn’t bring in as many users as they initially hoped. Go to Source Powered by WPeMatico
Lost SOL? Persistent challenges continue to impact Solana price
SOL price has been repeatedly knocked down by network outages, a shrinking total value locked on the network and futures traders’ disinterest in trading the altcoin. Go to Source Powered by WPeMatico
Solana NFT marketplace integration and DApp metrics shine even after SOL’s 20% drop
SOL price gave up a chunk of its recent gains, but data shows there are strong reasons for investors to remain bullish. Go to Source Powered by WPeMatico
Solana-Powered Defi Platform Orca Raises $18 Million — AMM Commands Over $300 Million TVL
The decentralized exchange (dex) platform Orca has announced the platform has raised $18 million in a Series A financing round with Polychain, Placeholder, and Three Arrows co-leading the funding. The dex platform is a Solana-based project that aims to be the “go-to swap” platform for Solana. Solana’s Orca Gets an $18 Million Capital Raise On … Read more
Wormhole Network Launches Ethereum Solana Bridge, Solana AMM Saber Surpasses $4 Billion TVL
On September 17, 2021, Solana protocol fans were introduced to the launch of the Wormhole Network’s ethereum – solana bridge, which means assets between each chain can be intermingled. The launch announcement notes that Saber, the Solana-fueled protocol with more than $4 billion total-value locked (TVL), will support migration from Wormhole V1 to V2. Wormhole … Read more
Orca Pool Mining Operation Aims to Defend Altcoins and Forks From Attacks
Last November the Bitcoin Cash (BCH) community witnessed a hash war that resulted in a bifurcation of the main chain. The spat saw one of the first examples of the alpha miner strategy and an attempt to truly test Nakamoto consensus. About a week before the fork, a new mining operation was announced called Shark … Read more
EU-based fintech announces Open Banking platform, accumulates investments
ORCA Alliance, EU-based fintech, has turned on the green light for fundraising of the new digital banking application and is collecting contributions in exchange for an early distribution of ORCA tokens. ORCA’s Open Banking platform strives to make personal finance an effortless experience and bridge the gap between traditional banking services and cryptocurrencies. ORCA tokens … Read more
