Solana co-founder Anatoly Yakovenko warned that Ethereum Layer 2 networks are not secure against future quantum computing threats due to their reliance on current cryptographic methods like ECDSA. He highlighted risks such as "harvest now, decrypt later," where attackers could collect encrypted data now and decrypt it once quantum computers advance. Solana is proactively integrating post-quantum cryptography, while other blockchains like Ethereum, Cardano, and Ripple are exploring or planning quantum-resistant solutions. This underscores the urgent need for blockchain networks to upgrade security to protect digital assets against emerging quantum threats.
Solana (SOL) traded around $105 on October 18, with market data indicating an 82% probability of the price falling below $100 by the end of the month. The network's market cap is about $60 billion, roughly 65% below its peak in January 2025. Despite ...
Solana's ecosystem is growing rapidly with high transaction volumes, suggesting its current price of around $105 might be undervalued. Despite being 65% below its January 2025 peak, Solana holds a strong market cap of $60 billion and processes thousa...
U.S. spot Solana (SOL) funds experienced net outflows totaling $25.5 million in the week ending October 16, following a $24.81 million outflow the previous week. This marks two consecutive weeks of investors pulling money from these funds, with only ...
Bitcoin increased by 0.57% to $81,983 while the overall cryptocurrency market capitalization declined by 3.47% to $2.74 trillion. Major cryptocurrencies showed mixed performance: Ether fell 0.40%, Dogecoin dropped 0.31%, XRP slightly gained 0.05%, BN...
The Solana Foundation's community event in Shanghai, planned for October 16, was postponed due to unexpectedly high registration numbers, about four times the expected amount. Binance co-founder Changpeng Zhao expressed strong support for blockchain ...
