Solana (SOL) | ForkLog

ForkLog 21 11.06.2024

Majority of Blocked Solana Validators Were Russian, Reports Suggest

Over the weekend, the Solana network removed 32 validators from its delegation program for participating in “sandwich attacks”. According to CoinDesk, citing sources, most of the blocked operators were Russian citizens. They remain validators in the network but have lost the right to receive rewards for verifying transactions on the Solana blockchain. They also face […]

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ForkLog 16 10.06.2024

Solana Validators Expelled for Involvement in ‘Sandwich Attacks’

The Solana Foundation has announced the expulsion of a group of node operators from its delegation program due to their involvement in ‘sandwich attacks’ against users. This was reported by Tim Garcia, the head of blockchain validator relations, in a Discord channel. I’m sure a lot of super honest people who have a perfect understanding […]

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ForkLog 6 05.06.2024

Ripple and Galaxy Digital CEOs Identify Spot ETF Contenders

Ripple’s CEO, Brad Garlinghouse, told Fox Business that the emergence of spot exchange-traded funds (ETFs) based on XRP is “inevitable.” #Ripple CEO @bgarlinghouse Brad Garlinghouse: “A #XRP ETF is just simply inevitable.” Fox Business pic.twitter.com/oJAm5sCrWW — ????XRP (@BankXRP) June 4, 2024 “I think we will see them in 2025. People don’t want to deal with […]

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ForkLog 6 04.06.2024

Meme Frenzy: Half a Million New Tokens Emerge on Solana Network

In May, the Solana blockchain witnessed the creation of 455,000 new coins, reaching a monthly peak due to low entry barriers and the hype surrounding meme tokens. This is according to data from The Block. Number of new tokens issued on Solana. Source: The Block. For comparison, during the same period, the L2 network Base […]

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ForkLog 3 03.06.2024

Cryptocurrency Inflows Reach $2 Billion in May

Inflows into cryptocurrency investment products amounted to $185 million from May 25 to 31, with a total of nearly $2 billion for the entire month, according to calculations by CoinShares. This positive trend has continued for the fourth consecutive week. Year-to-date inflows have exceeded $15 billion. Data: CoinShares. Trading volumes for ETP fell from $13 […]

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ForkLog 28 28.05.2024

Solana Proposal SIMD-0096 to Allocate Priority Fees to Validators

The Solana community has put forward SIMD-0096, a proposal to allocate the entire priority transaction fee to validators. Previously, half of the reward was sent to a burn address, while the other half went to the block producer. The initiative aims to enhance incentives for validators regarding the receipt of priority fees, thereby helping to […]

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ForkLog 6 27.05.2024

JPMorgan Casts Doubt on SEC Approval of Solana-Based ETFs

The U.S. Securities and Exchange Commission (SEC) is unlikely to approve spot exchange-traded funds (ETFs) based on Solana or other cryptocurrencies. This was stated by JPMorgan analyst Nikolaos Panigirtzoglou, according to The Block. “We have doubts. The SEC’s decision to approve an ETF has been delayed, given the uncertainty about whether Ethereum should be classified […]

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ForkLog 7 24.05.2024

FTX Concludes SOL Token Sale Below Market Value, Reports Bloomberg

The bankrupt exchange FTX has concluded a series of auctions, selling Solana (SOL) tokens valued at $2.6 billion at significant discounts to market prices, according to Bloomberg. Sources indicate that Figure Markets participated in the auctions, acquiring a lot of 800,000 SOL at approximately $108 per token. Over the past day, the token has depreciated […]

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ForkLog 13 22.05.2024

Matrixport Co-Founder Suggests Solana as Next ETF Candidate

Should spot Ethereum ETFs receive approval, Solana (SOL) could be the next contender for launching exchange-traded funds, according to Matrixport co-founder Daniel Yan. What’s the trade, if ETH ETF really get approved in two days? The popular trade would be “BUY ETH”. Can’t really argue with that but do note that ETH is almost +20% […]

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ForkLog 17 22.05.2024

Could Solana reach $400 after Firedancer’s release?

Analysts at Bernstein forecast that Solana will lead the race to adopt on-chain payments. The view is shared by Matty Taylor, co-founder of Colosseum and former head of growth at the Solana Foundation. He believes the “parallelised” blockchain will overtake Ethereum by the number of consumer Web3 applications. But there are snags. Amid meme fever […]

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ForkLog 18 21.05.2024

deBridge Introduces DBR Token Ahead of Airdrop

The EVM-compatible cross-chain protocol deBridge has announced the launch of its governance token, DBR, and revealed details of the forthcoming asset distribution. 1/ Introducing $DBR The next step in becoming the bridge that DeFi deserves ? Everything you need to know about the deBridge token ? pic.twitter.com/NcGsLUBDp8 — deBridge (@deBridgeFinance) May 21, 2024 The total […]

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ForkLog 8 18.05.2024

Solana Predicted to Reach $200 by May’s End, Says Expert

The cryptocurrency Solana (SOL) is expected to return to the $200 level by the end of May, according to Daniel Cheung, co-founder of the hedge fund Syncracy Capital. Strength on $SOL has been incredible on this bounce — very clear this is still the best trade of this cycle. Much more confident here on ability […]

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