Solana (SOL) | ForkLog

ForkLog 23 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 21 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 21 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 73 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 59 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 45 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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ForkLog 48 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 61 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 73 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 41 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 34 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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