The Solana Foundation has become a Platinum member of the Rust Foundation, committing $325,000 annually and gaining a dedicated board seat. This move formalizes Solana's long-standing use of Rust, the programming language that powers most on-chain programs in its blockchain ecosystem. Rust's memory safety and performance are crucial for secure, high-throughput blockchain applications. This membership places Solana in key discussions shaping Rust's future, signaling a strategic, long-term investment in its technical infrastructure.
Solana's price has declined from around $112 on October 12 to below $70, showing bearish momentum with lower highs and lows. Key support levels are identified at $69-$70 and $65, while resistance lies at $75-$76, $80, and $85. Technical indicators li...
Solana (SOL) increased by 3.66% to $72.51 over a four-hour period on Binance spot trading but remained down 4.33% over the past 24 hours. The price rose $2.56 from $69.95 four hours earlier, though it was still below its level a day before. Solana ho...
Bitcoin fell to a nearly three-month low below $68,000 as crypto liquidations surged to $1.6 billion, extending losses for November. Meanwhile, Tether expanded its U.S. stock portfolio to an estimated $4.8 billion across 13 companies, signaling growi...
Dogecoin's open interest in perpetual futures fell sharply by 8.41% to $140.1 million, marking the largest decline among five major cryptocurrencies. Bitcoin's open interest also decreased by 3.04% to $6.31 billion but showed a positive funding rate,...
Since November 4, a crypto market selloff has driven significant losses across major assets: XRP fell 33.07%, Ethereum 30.02%, Solana 30.99%, and Bitcoin 23.61%. XRP experienced the steepest decline, while Bitcoin showed relative resilience. Analyst ...
