Solana TVL drops 32.4% as FTX turmoil rocks ecosystem
Cryptocurrencies understood to have exposure to Sam Bankman-Fried, FTX, and Alameda Research appear to have been impacted the most. Go to Source Powered by WPeMatico
Raydium
Auto Added by WPeMatico
TVL, network outages, or derivatives: What’s behind Solana’s (SOL) 60%+ drop?
SOL price is more than 60% away from its all-time high and data shows that it’s not the network outages but the loss of territory to competing chains driving the correction. Go to Source Powered by WPeMatico
Solana reportedly hit by DDoS attack but network remains online
The Solana blockchain has reportedly suffered another DDoS attack that temporarily clogged the network, however the network appeared to remain online. Go to Source Powered by WPeMatico
Expanding ecosystem and $1.86B futures open interest back Solana’s $250 target
Derivatives data shows institutional demand remains strong for SOL, and on-chain data points to a rally to $250. Go to Source Powered by WPeMatico
Non-Custodial Dex Platforms Continue to Expand — Curve, Pancakeswap, Sushiswap, Uniswap Lead the Pack
Five years ago, there was a large quantity of digital currencies and blockchains, but there were very few trading platforms that dealt with decentralized exchange. Since the boom of decentralized finance (defi), there’s now a myriad of decentralized exchange (dex) platforms that allow people to swap funds in a private, non-custodial manner. These days the … Read more
Solana reclaims $200 — 3 reasons why SOL price is up 35% in seven days
SOL price continues to climb with Solana’s TVL also hitting a new high of nearly $14 billion. Go to Source Powered by WPeMatico
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
Solana-powered AMM Raydium proposes SushiSwap integration to reduce fees
SushiSwap is exploring integrating with high-speed AMM, Raydium, on Solana to alleviate high gas fees. Go to Source Powered by WPeMatico
