Anatoly Yakovenko, co-founder of Solana, criticized Elon Musk and Sam Altman's recent call to slow AI development, suggesting their concern is driven by financial motives to protect their companies' $1 trillion market valuations. He argues that rising costs and pressure to show profits have led these AI leaders to halt progress, potentially to maintain dominance and limit competition. Critics also warn that such pauses could stifle innovation and create an artificial duopoly in the AI industry, while global cooperation on AI regulation remains unlikely due to differing international interests. Despite these debates, markets have not reacted negatively, viewing the slowdown as a temporary extension of investment cycles rather than a reduction in AI funding.
Solana (SOL) saw a 3.1% price drop from October 21 to 22, trading around $103.95 after hitting lows near $100 earlier in October. This decline coincided with the activation of the Alpenglow upgrade on Solana's mainnet, which significantly speeds up t...
About 74.12% of Solana's circulating tokens, or 437 million SOL, are staked, locking up roughly $45 billion worth of SOL and leaving only 152.6 million tokens freely tradable. This high staking ratio restricts daily market supply, explaining Solana's...
Open interest in Bitcoin (BTC) and four other major cryptocurrencies fell notably within 24 hours, with XRP experiencing the sharpest drop of 7.02% to $415.4 million. BTC open interest declined 6.35% to $7.79 billion, while Ether (ETH), Solana (SOL),...
U.S. spot Bitcoin ETFs experienced a significant outflow of $635.6 million on Thursday, wiping out nearly 60% of the $1.07 billion inflows over the previous three days and turning October net flows negative by about $176 million. Ethereum and Solana ...
Securitize has listed 12 major U.S. stocks, including Apple, Nvidia, and Tesla, as security tokens on the Solana blockchain. These tokens are backed 1:1 by actual shares, providing regulated on-chain access to traditional equities. This move could in...
