Solana (SOL) | ForkLog

ForkLog 99 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 33 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 18 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 11 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 48 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 21 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 21 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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ForkLog 20 13.02.2024

Solana’s Web3 Smartphone Saga Reaches 100,000 Pre-Orders

On February 12, pre-orders for Solana Mobile’s Web3 smartphone, Saga Chapter 2, reached 100,000 units, according to CoinDesk. Previously, the company had set this milestone as a condition for developing the second device. According to Solana co-founder Anatoly Yakovenko, receiving $45 million from pre-orders suggests that the sales economics of the new smartphone are more […]

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ForkLog 28 08.02.2024

Experts Identify Cause of Solana’s Recurring Outages

The inability of the network to handle a growing volume of transactions is the reason behind Solana’s recurring outages, according to a team of experts led by journalist Colin Wu. Solana Outages Again After a Year: Review the Historical Outage Records Read more https://t.co/h3OHHvoQLm pic.twitter.com/i2uQbpg1iB — Wu Blockchain (@WuBlockchain) February 7, 2024 On February 6, […]

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ForkLog 31 08.02.2024

Wormhole Announces Token W Airdrop

The cross-chain protocol Wormhole, based on Solana, will conduct an airdrop of its own token, W. Whttps://t.co/3wyyzIS6KQ — Wormhole (@wormholecrypto) February 7, 2024 Out of a total issuance of 10 billion coins, 1.8 billion W will initially enter circulation. 85% of the asset volume will be unlocked over four years. According to the project’s tokenomics, […]

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ForkLog 59 06.02.2024

Solana Blockchain Experiences Outage

On February 6 at 09:52:45 UTC (+3 MSK, +2 Kyiv), the Solana network ceased processing blocks. Data: Solscan. At the time of writing, the blockchain has been down for about an hour. “Ecosystem engineers are investigating the Mainnet Beta outage,” the team reported in an incident report. Laine, a blockchain software developer and Solana validator, […]

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ForkLog 37 06.02.2024

Solana’s Saga 2 Smartphone Garners 60,000 Pre-Orders

Less than three weeks after its announcement, users have placed 60,000 pre-orders for the Saga Chapter 2 Web3 smartphone from Solana Mobile, according to The Block. The Solana Mobile website features a leaderboard of those who have sent the most referral links. 1,500 active participants will receive a non-transferable Element NFT, along with various other […]

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