Solana (SOL) | ForkLog

ForkLog 6 11.03.2024

Weekly Inflows into Crypto Products Hit Record $2.69 Billion

Inflows into cryptocurrency investment products from March 2 to March 8 reached $2.69 billion, up from $1.83 billion in the previous reporting period, according to a review by CoinShares. Data: CoinShares. This positive trend has continued for the sixth consecutive week. The previous record of $2.45 billion was set from February 10 to February 16. […]

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ForkLog 9 11.03.2024

Unibot Token Plummets 45% Following Solana Disconnection

On March 11, the native token of the Telegram bot Unibot (UNIBOT) fell by 45% following the termination of its collaboration with the team that connected the application to the Solana network. Dear Community Members, We are reaching out to share a significant update regarding our collaboration with the team which deployed Unibot on Solana. […]

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ForkLog 25 11.03.2024

Solana’s Jito Mempool Disabled Amid MEV Bot Surge

Jito Labs, the developer of the Solana client, has announced the shutdown of its mempool due to ongoing MEV bot attacks. Jito Labs has decided to suspend the mempool offered through the Jito Block Engine due to negative externalities impacting users on Solana. The decision has been made after deliberate conversations with the Jito Labs […]

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ForkLog 50 08.03.2024

Pantera Capital to Invest $250 Million in Solana from FTX

Digital asset manager Pantera Capital aimed to raise up to $250 million by the end of February to purchase Solana (SOL) from FTX, according to Bloomberg. Journalists examined materials intended for potential investors. The minimum investment threshold was set at $25 million. The annual management fee was 0.75%. Pantera Capital would waive this fee if […]

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ForkLog 9 07.03.2024

Celebrity-Inspired Meme Tokens Surge on Solana

Meme coins with misspelled celebrity names like Jeo Boden, Danold Tromp, and Olen Mosk have sparked a buying frenzy among Solana users. My Boden wallet this morning wtf pic.twitter.com/QrMAELPPom — Hector: Crypto Coin Buyer (@zKXBT) March 6, 2024 Below are other assets in the category. Data: DexScreener. Interest in the segment arose after an improvement […]

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ForkLog 59 04.03.2024

Parallelization: what it is and how it scales blockchains

An explainer on parallelization and how it helps scale blockchains.

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ForkLog 25 27.02.2024

Bybit Identifies Ethereum as Leading Institutional Crypto Asset

The share of Bitcoin and Ethereum in institutional portfolios increased from 50% to 80%. Open interest in options for the second-largest cryptocurrency by market capitalization reached a new all-time high. The growth is linked to increased volatility, expectations for the Dencun upgrade, and prospects for ETF approval. Ethereum has taken the largest share among cryptocurrencies […]

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ForkLog 12 26.02.2024

Weekly Inflows to Crypto Funds Decline to $598 Million

Funds flowing into cryptocurrency investment products from February 17 to 23 amounted to $598 million, following a record $2.45 billion in the previous reporting period, according to a report by CoinShares. Net inflows since the beginning of the year have reached $5.76 billion—55% of the all-time high inflows recorded in 2021. The positive trend continued […]

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ForkLog 10 24.02.2024

Solana NFT Sales Surpass $5 Billion

Sales of non-fungible tokens (NFTs) on the Solana network have reached a total of $5 billion. Of this, $217 million was recorded in the past 30 days, according to CryptoSlam. Data: CryptoSlam. December 2023 marked the second-highest month for NFT sales on Solana, following October 2021, with $365 million and $373 million respectively. According to […]

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ForkLog 28 23.02.2024

Farcaster Integrates Solana Address Verification

The decentralized social platform Farcaster has integrated support for Solana, enabling users to verify addresses on the blockchain. You can now verify Solana addresses on Farcaster! Verifications are part of the protocol, i.e. decentralized, and are permissionlessly available on Hubs. pic.twitter.com/GMgj8SZxHK — Dan Romero (@dwr) February 23, 2024 “Verifications are part of the protocol, meaning […]

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ForkLog 15 22.02.2024

Solana-Based Token Team Claims Developer Held Hostage to Boost Market Cap

The team behind the Solana-based token Hostage Dev claims to have taken their own developer hostage, threatening to kill him unless the token’s market capitalization reaches $1 million. Source: X-account Hostage Dev. Their X-account is filled with screenshots from live streams showing a person with bound hands and a bag over their head. Occasionally, he […]

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ForkLog 16 14.02.2024

Bitcoin Dominates December NFT Trading Volume, CoinGecko Reports

In 2023, the turnover of non-fungible tokens (NFTs) across the top ten networks fell by 55.1% to $11.8 billion. Of this, 72.3% ($8.54 billion) was associated with NFTs on Ethereum, according to CoinGecko. DID YOU KNOW: #Bitcoin was the biggest NFT chain in December 2023, with $0.81 billion in trading volume, translating to a 42% […]

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