Solana (SOL) | ForkLog

ForkLog 34 20.09.2024

Early Version of Firedancer Client Goes Live on Solana Mainnet

Jump Crypto, the development company, has announced the launch of an early version of the Firedancer client for validators, named Frankendancer, on the Solana mainnet. BREAKING NEWS: Kevin Bowers announces that Frankendancer is now live on Solana mainnet — and the full @jump_firedancer client is on testnet ?? pic.twitter.com/piZUEuVYnE — Solana (@solana) September 20, 2024 […]

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ForkLog 52 19.09.2024

K33 Research Identifies Sui as Solana’s Fiercest Rival

Sui’s technical capabilities and the upcoming release of a gaming console could position the network as a competitor to Solana, according to a report by K33 Research. Analysts currently view Solana as the best alternative to Ethereum in the “L1 wars,” but suggest that Sui might challenge this perception over time. “Since August, SOL/ETH has […]

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ForkLog 60 19.09.2024

Solana Unveils Seeker Crypto Smartphone with Over 140,000 Pre-orders

The Solana Mobile team has introduced a new version of their Web3 smartphone, named Solana Seeker (formerly Chapter 2), developed in collaboration with the Solflare wallet. Seeker ft. @aeyakovenko pic.twitter.com/PNvJgtEmMt — Solana (@solana) September 19, 2024 Pre-orders for the device have already surpassed 140,000 across 57 countries. Like its predecessor, the Solana Seeker is equipped […]

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ForkLog 36 13.09.2024

Only 89 Out of 2 Million Meme Tokens on Pump.fun Achieve Success

The number of meme tokens issued on the Pump.fun platform has exceeded 2 million. Since its launch, the platform has garnered 713,952 SOL (~$105 million) in fees. Data: Dune Analytics. At the time of writing, only 89 tokens (0.0045%) out of the mentioned 2 million have a market capitalization of more than $1 million. The […]

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ForkLog 26 12.09.2024

FTX Withdraws 177,693 SOL from Staking

A wallet linked to FTX and Alameda has withdrawn 177,693 SOL ($23.75 million) from staking. These coins may be transferred to centralized exchanges for sale. Withdrawal of SOL from staking. Data: Solscan. The wallet holds over 7 million SOL ($952 million) in staking. A significant portion of FTX’s coins may have been sold over-the-counter (OTC). […]

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ForkLog 7 10.09.2024

Decline in Pump.fun Popularity Reduces Solana’s Fee Revenue

The total fees paid on the Solana network have dropped to a six-month low amid waning interest in Pump.fun. On September 7, the network generated approximately 3300 SOL in fees. This figure later rose slightly to 4400 SOL by September 9. In the second quarter of 2024, the figure often exceeded 10,000 SOL per day. […]

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ForkLog 28 29.08.2024

Prediction Platform BET on Solana Surpasses Polymarket in Trading Volume

On August 29, the daily betting volume on the prediction platform BET, operating on the Solana blockchain, reached $23.3 million, according to Dune Analytics. Data: Dune Analytics. The graph above illustrates the rapid rise of this metric. For comparison, the cumulative figure, excluding the last reported day, was $3.28 million. In terms of daily trading […]

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ForkLog 34 22.08.2024

McDonald’s Instagram Hacked to Promote Fake Meme Coin

On August 21, a hacker known as India_X_Kr3w breached the Instagram account of fast-food giant McDonald’s and the X-account of the company’s marketing director, Guillaume Huin, to promote a fraudulent meme token called GRIMACE. McDonald’s official Instagram account was suspected to have been hacked, claiming that it had issued the Meme token “GRIMACE” on Solana. […]

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ForkLog 17 20.08.2024

Bull Checker Extension Pilfers Meme Tokens from Users

The Jupiter team has uncovered a malicious Chrome extension, Bull Checker, aimed at stealing assets on the Solana network. Identification Of Malicious ExtensionOver the last week, we received reports that a small number of users using Solana DeFi got drained. After extensive investigation, we have identified a malicious Chrome extension called “Bull Checker” that had […]

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ForkLog 21 20.08.2024

Solana Network Launches Prediction Market

The team behind the perpetual contracts trading protocol on Solana, known as Drift, has launched the BET prediction platform. Today, we’re launching BET on Drift — the first capital efficient prediction markets on @Solana @DriftProtocol Here’s why, and why now: A prediction market is not only a natural extension of trading — it’s the future […]

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ForkLog 12 20.08.2024

SEC Questions Solana’s Status as a Non-Security

SEC has expressed concerns regarding Solana’s (SOL) status as a security during discussions with potential ETF issuers. This was reported by The Block, citing a source. Following discussions with the regulator, CBOE agreed not to register 19b-4 forms in the Federal Register. This would have initiated the approval process for products, putting time pressure on […]

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ForkLog 7 19.08.2024

Reduced Odds of Fed Rate Cut Slow Crypto Fund Inflows

Inflows into cryptocurrency investment funds amounted to $30 million from August 11 to 17, following $176 million the previous week, according to data from CoinShares. Data: CoinShares. Analysts attributed the weakening positive trend to recent macroeconomic data, which reduced the likelihood of the Fed being prepared to cut the key rate by 50 basis points […]

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