Solana Token’s Rally Reflects Protocol’s Potential, Says Web3 Advocate

The seemingly fundamentals-defying surge of Solana’s native token, SOL, may reflect the project’s potential rather than its current technical performance, according to Chris Zhu, the CEO of Sonic. To support this assertion, Zhu highlights Solana’s ecosystem growth despite recent outages. Solana Stress Tests Lead to Upgrades and Improvements Nevertheless, in his written responses shared with … Read more

Solana’s Key Metrics Show Significant Growth And Bullish Potential

Since June 2024, Solana’s key metrics have shown impressive growth. DeFi Total Value Locked (TVL) has surged by 20%, net inflows have increased by 126%, and non-voting transactions have risen by 21%. 🚨REPORT: @Solana’s key metrics have shown significant growth since June 2024. ▶️ DeFi TVL: increased by 20% ▶️ Net Inflows: increased by 126% … Read more

Solana Ecosystem Thrives With Major Growth In Wallet Interactions And NFT Dominance

The Solana ecosystem has witnessed a remarkable surge in activity over the past 24 hours, with over 1.3 million active wallet interactions recorded. This represents a 36% increase in wallet interactions, highlighting the growing engagement within the Solana network. Additionally, 352,000 new wallets have been added in the last seven days, further indicating the ecosystem’s … Read more

Solana Sees Surge In Daily Active Wallets And Dominates DEX Volume

Solana’s ecosystem is experiencing significant growth, with daily active wallets skyrocketing to 1.2 million. This surge includes the addition of 215,000 new wallets in just two days, reflecting the increasing interest and adoption of the platform. 🚨 BREAKING: @solana sees Daily Active Wallets surge to 1.2 million, following the addition of 215K new wallets in … Read more

Nigerian Student Returns 90 Mistakenly Sent Solana Tokens, Rewarded for Honesty

A crypto influencer recently praised a Nigerian student who agreed to return Solana tokens worth several thousand dollars that were mistakenly sent to his crypto wallet. After the influencer revealed the incident, well-wishers in the crypto community, impressed by the student’s honesty, began sending tips to his crypto wallet. Influencer: Incident Highlights Hope for Crypto … Read more

Solana ETF Approval Odds Rise Amid Potential Political Shifts, Analyst Says

Bloomberg’s senior ETF analyst has stated that the odds of a Solana exchange-traded fund (ETF) being approved within the next 12 months are closely linked to the likelihood of a change in the U.S. presidency. He noted that it is “safe to say the chances of both are higher today than they were yesterday.” Potential … Read more