Crypto research firm Galaxy Research has introduced a proposal that aims to reform how future decisions are made about Solana’s token inflation rate. The latest move follows a failed attempt to reach consensus in a previous governance vote. The earlier vote – SIMD-228 – had sparked strong community engagement and broad agreement on the need…
Solana noted some achievements in the past few days, whereas its native token experienced a substantial resurgence. In the following lines, we will touch upon these topics in detail. SOL ETFs to go live in Canada Earlier this week, Eric Balchunas (Senior ETF analyst at Bloomberg) revealed that the Ontario Securities Commission (OSC) approved several…
For the third week in a row, digital asset investment products saw significant outflows, which amounted to $795 million, as the impact of the tariff issues continues to weigh on the sector. This has led to a record $7.2 billion in outflows since February, nearly wiping out all YTD inflows and leaving only $165 million….
The team behind Infected, a speculative pandemic-simulation game that recently gained viral traction, announced its decision to migrate from Ethereum’s Layer-2 network Base to the Solana blockchain. The announcement was made via the game’s official X account. It cited Base’s inability to handle transaction volume during the game’s launch and broader concerns about the scalability…
The crypto market is navigating turbulent waters as it attempts to rebound from the shockwaves caused by President Donald Trump’s newly imposed global tariffs. While traditional markets initially saw investors fleeing to gold and silver, pushing the former to a record $3,168, digital assets are now showing slight signs of recovery, with Solana (SOL), Ethereum…
“Many whales unstaked and dumped SOL today,” reported blockchain analytics platform Lookonchain on April 4. It highlighted four transactions of over $3 million worth of the Solana native token, the largest of which was a whopping 258,646 SOL worth around $30 million. The Solana selloff has been a result of the meme coin bubble bursting…
The social media buzz around Solana (SOL) has reportedly reached a fever pitch, buoyed by GameStop’s $1.3 billion Bitcoin (BTC) play and BlackRock’s recent expansion onto the blockchain. This surge in institutional interest has fueled overwhelmingly positive sentiment toward Solana, with Santiment reporting a near-record high 18:1 positive-to-negative sentiment ratio. Institutional Backing Boosts Solana’s Appeal…
Popular meme coin launcher Pump.fun has unveiled PumpSwap, a decentralized exchange (DEX) built on Solana. The new platform promises frictionless token migrations with zero fees and enhanced liquidity, positioning itself to challenge Raydium directly, Solana’s dominant DEX. What PumpSwap Brings to the Table In a post on X introducing the service, Pump.fun stated that it…
SOL’s price performance over the past 24 hours has been in line with that of the rest of the cryptocurrency market and remains largely in red. Let’s check out some of the more important Solana ecosystem news. Raydium launches Pump.Fun competitor Raydium – Solana’s most popular decentralized exchange – saw a surge in its token’s…
The price of Raydium’s RAY token shot up 28% after reports emerged that the Solana-based decentralized exchange (DEX) was planning to launch a rival meme coin platform, LaunchLab, to compete with Pump.fun. It follows rumors that Pump.fun is testing its own automated market maker (AMM), potentially threatening the exchange’s revenue stream. The Battle for Solana’s…
