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.
Paxos' Global Dollar stablecoin (USDG) has surged to a $3.2 billion market cap, a 340% increase since its November 2024 launch. Most USDG supply is concentrated on X Layer ($1.51B), Robinhood Chain ($703M), and Solana ($631M), all part of the Global ...
Solana's price remains steady around $121 after recovering from September lows near $95, supported by positive daily money flow and a Supertrend indicator at $107.22. The key resistance level to watch is $125, which if broken, could open the path to ...
Joseph Chee, CEO of Solana Company and former UBS Asia investment bank chief, suggests that if China reopens access to crypto trading and expands blockchain use, it could trigger a new Bitcoin supercycle. This depends heavily on effective risk manage...
Solana's price remains stable around $120, fluctuating slightly within a narrow range between its 20-day moving average ($117.32) and the 90-day high ($122.08). The network is undergoing its largest upgrade, Alpenglow, which aims to drastically reduc...
Veteran trader Peter Brandt analyzed weekly charts of XRP, Monero, and Solana using classical price patterns and measured moves, setting fundamentals aside. He identified a cup-and-handle pattern in XRP but noted its weak formation and heavy resistan...
