Solana co-founder Anatoly Yakovenko stated that applications not running on Solana's base layer (L1) are not genuinely part of the Solana network. This comment followed Bulktrade, an exchange he invested in, announcing plans to support funding and withdrawals across multiple networks beyond Solana's L1, including Arc, Tempo, Arbitrum, and HyperEVM. Bulktrade uses a modified Solana validator client with its own execution layer, raising debate in the Solana community between purists who want projects native to L1 and those supporting cross-chain designs. This situation highlights branding challenges for Solana and strategic positioning for Bulktrade as it seeks liquidity from multiple chains while maintaining its Solana-based technology.
As of Oct 29, 2026 19:24 WIB, Solana (SOL) trades at Rp1.826.624 on Pluang, down 1.39% in the past day. The platform shows a market cap of Rp1.073,79 trillion and a 24-hour trading volume of Rp52,94 trillion, with 64% of order activity on Pluang being buys. Typical holding time for SOL on Pluang is 72 days, indicating steady investor interest despite recent price movements.
Open interest in perpetual futures for five major cryptocurrencies—Bitcoin, Ether, Solana, XRP, and Dogecoin—fell as of Oct. 29, with Dogecoin experiencing the largest drop of 2.37%. Despite the declines, long positions outnumbered short ones in all ...
In the latest 24-hour market snapshot, Cardano (ADA) experienced the largest decline among major cryptocurrencies, dropping 4.06% to $0.1984. Bitcoin (BTC) fell by 1.72% to $79,978, while XRP and Solana also saw decreases of 3.02% and 2.31%, respecti...
Solana's price fell below $100, trading at $99.71 on October 29, after U.S. spot SOL ETFs recorded $24.82 million in outflows over two days, adding to October's downward pressure. A whale reportedly sold 1.02 million SOL worth about $104.3 million in...
U.S. spot Solana exchange-traded funds (ETFs) experienced net outflows totaling $33.1 million over three sessions ending October 28, including $5.7 million on the last day. This continued a trend of withdrawals from these funds throughout October. Th...
Solflare, a Solana-based wallet, has paused SOL staking rewards after its staking provider lost keys to its validators. The team confirmed that users' delegated SOL remains secure as the stake is controlled by users' own keys, not the validator's. So...
