Solana (SOL) | ForkLog

ForkLog 8 08.11.2024

Bitcoin Shows No Signs of Overheating, Says Expert

From a fundamental perspective, bitcoin does not exhibit “signs of overheating,” according to a report by Galaxy Digital, as reported by Cointelegraph. The expert noted the absence of a spike in funding rates for perpetual contracts and a moderate increase in OI across crypto derivatives. Data: Coinglass. According to Galaxy Digital, bitcoin and other cryptocurrencies […]

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ForkLog 16 08.11.2024

Coinbase Introduces cbBTC on Solana Network

The American exchange Coinbase has launched the tokenized bitcoin cbBTC on the Solana network. The bitcoin premium on the exchange turned positive for the first time in weeks, indicating growing demand among American investors. The increase in demand is also evidenced by the rise in open interest in the futures and options markets. Coinbase has […]

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ForkLog 5 08.11.2024

Solana Tests $200 Mark Following Trump’s Victory

In the early hours of November 8, Solana’s price reached the $200 mark, a level last seen in April 2024. The all-time high near $260 was recorded in November 2021. Hourly chart of SOL/USDT on Binance. Data: TradingView. Over the past 24 hours, the asset’s price increased by 6.9%, second only to Cardano (+19.2%) among the […]

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ForkLog 10 07.11.2024

Solana’s TVL Surpasses $6.6 Billion, Marking a 360% Increase This Year

The total TVL of decentralized applications within the Solana ecosystem has more than tripled since the beginning of the year, nearing the figures of Tron.

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ForkLog 6 31.10.2024

Canary Capital Seeks Approval for Solana-Based Spot ETF

The crypto investment firm Canary Capital has submitted an S-1 filing to the SEC for the registration of a Solana-based spot ETF.

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ForkLog 20 29.10.2024

Ethereum’s Layer 2 Solutions: A Double-Edged Sword

Constraints within Ethereum are driving users, applications, and capital towards Layer 2 networks and competing blockchains like Solana as demand for faster and more scalable solutions grows. This perspective was shared by Zeta Markets co-founder Anmol Singh in a conversation with The Block. “Ethereum’s Layer 2 is a result of the base infrastructure being insufficient […]

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ForkLog 10 21.10.2024

Peter Brandt Foresees Potential 27-Fold Surge for Solana

Solana could surge by over 2600%, reaching approximately $4500, if a “cup and handle” pattern materialises, according to technical analyst and Factor LLC head Peter Brandt. #5$SOL displays possible Cup and Handle with rectangle as HandleI am flat in this crypto pic.twitter.com/K0eRxs2aOd — Peter Brandt (@PeterLBrandt) October 21, 2024 Since hitting the cycle low near […]

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ForkLog 13 20.10.2024

Pump.fun Announces Future Token Launch Plans

The platform for launching meme tokens, Pump.fun, on Solana, has announced plans to introduce a native token in the future. This was stated by the project team, according to The Block. “We intend to ensure that we reward our earliest users. All earned funds are reinvested back into the platform. We want to create something […]

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ForkLog 15 10.10.2024

Solana-Based ‘Tap-to-Earn’ Game Launches on TikTok

The Solana project SonicX has introduced a Tap-to-Earn game on TikTok, aiming to become the “Notcoin” of the short video platform, reports Decrypt. The game is built on the gaming-focused L2 solution Sonic SVM. Developers plan to collaborate with content creators and launch a series of clickable ads on the short video platform, allowing users […]

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ForkLog 71 09.10.2024

Solana’s Potential Fivefold Surge Hinges on Trump’s Victory, Say Experts

By the end of 2025, Solana could increase fivefold if Republican candidate Donald Trump wins the U.S. presidential election, according to Standard Chartered, as reported by The Block. In this scenario, digital gold would quadruple in value, while Ethereum would triple. Experts added that if Democrat Kamala Harris takes the White House, Bitcoin would outperform […]

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ForkLog 49 24.09.2024

Play Solana Launches Pre-Orders for PSG1 Gaming Console

On September 24, Play Solana began accepting pre-orders for the PSG1 portable gaming console, which supports blockchain applications. The device is priced at $199. Our pre-order is officially going live in 1 hour! NFT holders will have an exclusive 48-hour window (or until we sell out) to purchase their PSG1 for $199.https://t.co/udadmmbj4s pic.twitter.com/zXodDXDmB0 — Play […]

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ForkLog 41 22.09.2024

Coinbase to Introduce Wrapped Bitcoin cbBTC on Solana Network

Coinbase Singapore’s Director, Hassan Ahmed, has announced the cryptocurrency exchange’s plan to launch wrapped Bitcoin, cbBTC, on the Solana blockchain. Bitcoin ? Solana Just in from Breakpoint: @Hassan_NY announced that @coinbase plans to bring cbBTC to Solana! pic.twitter.com/e1UdoUDgbY — Solana (@solana) September 21, 2024 He did not specify an exact date or timeframe for the […]

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