Solana (SOL) | ForkLog

ForkLog 12 27.06.2024

Pump.fun’s Meme Token Factory Revenue Drops by 30%

The daily commission volume on the Solana-based meme token launch platform Pump.fun has decreased by 30%, as noted by The Block. During the workweek from June 10 to 14, the platform’s average daily income was approximately $870,000. This figure has fallen to $605,000 in the current five-day period. Data: The Block. Experts from the publication […]

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ForkLog 10 26.06.2024

Solana Foundation Unveils Tools for Cryptocurrency Payment Integration

The Solana Foundation has launched tools enabling any website or application to become a gateway for cryptocurrency payments and other blockchain operations. Solana Foundation Head of Ecosystem Engineering @jnwng on Solana Actions and blinks https://t.co/0dTdPHbf56 — Solana Foundation (@SolanaFndn) June 25, 2024 The Solana Actions solution is a set of API that allows blockchain transactions […]

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ForkLog 70 25.06.2024

DEX Screener Launches Rival to Pump.fun

The cryptocurrency data platform DEX Screener has unveiled a new platform for creating meme coins, positioning itself as a competitor to Pump.fun, according to The Block. Moonshot offers users the ability to launch their own meme tokens on Solana at a cost of approximately 0.02 SOL, mirroring its competitor. Users need to create a name, […]

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ForkLog 13 25.06.2024

Trader Nets $2.9 Million in 20 Minutes on Meme Coin WATER

On June 24, the meme token WaterCoin (WATER) was listed on the Jupiter and Raydium exchanges. Immediately after trading commenced, the coin’s price surged by 83%. Analysts from Lookonchain noted that some users have already made millions from this. Someone made 22,379 $SOL($2.9M) on $WATER in less than 20 minutes! This guy created a new […]

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ForkLog 6 21.06.2024

3iQ Seeks Approval for Canada’s First Solana ETF

Digital asset manager 3iQ has filed for the registration of Canada’s first Solana ETF, offering staking rewards of 6-8% annually. 3iQ Corp. is pleased to announce that we have submitted a preliminary prospectus for The Solana Fund (QSOL) in Canada in relation to an initial public offering. This continues our track record of innovation, and […]

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ForkLog 118 17.06.2024

Solana MEV Bot Amasses $30 Million in Two Months

A well-known MEV bot on the Solana network has amassed approximately $30 million in two months through arbitrage “sandwich attacks.” Over the past 1-2 months, arsc, the infamous sandwich bot on Solana, has pocketed over $30 million ?! Their profits are largely sitting in the following two wallets:? pic.twitter.com/N1JavgScC7 — Ben (@HypoNyms) June 15, 2024 […]

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ForkLog 27 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 37 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 11 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 14 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 5 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 37 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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