Solana's price jumped 7% to over $75, driven by unprecedented network activity including $7.2 billion in decentralized exchange volumes and over $10 billion in tokenized assets. This surge highlights growing adoption of Solana's blockchain for decentralized finance and institutional use. Market capitalization reached $44 billion, placing Solana among top cryptos. Investors are watching resistance levels between $78 and $82 as the network's sustained activity will be key to future growth and adoption.
Solana's blockchain now processes about 100 million real user transactions daily with throughput between 1,200 and 1,900 transactions per second, generating $100 million in fees. This volume reflects genuine network activity, excluding validator vote...
Cryptocurrency markets experienced mixed price changes, with Bitcoin falling 1.62% to $58,154 and Ethereum slightly down by 0.33% to $1,558. Several altcoins showed gains, such as ZEC up 2.89%, XLM up 3.54%, and DEXE rising 6.14%. These fluctuations ...
Cardano faces criticism as a 'ghost chain' due to its low on-chain activity and the recent shutdown of its main blockchain explorer, TapTools. Despite fewer decentralized apps and transactions compared to Ethereum and Solana, Cardano's unique Extende...
Global markets saw a relief rally triggered by falling oil prices after the U.S.-Iran agreement, but the Federal Reserve's decision to keep rates steady and raise inflation forecasts signals a 'higher-for-longer' rate environment. This cautious stanc...
About $200 million in leveraged crypto positions were liquidated in 24 hours, mostly from short positions, triggering sharp rallies in select altcoins while Bitcoin remained subdued. This short squeeze caused altcoins like Solana and Hyperliquid to g...
