Solana has initiated a phased upgrade to reduce its slot time from 400 milliseconds to 350 milliseconds on its testnet, marking the first of four planned 50ms reductions under proposal SIMD-0525. This upgrade aims to eventually halve the slot duration to 200 milliseconds, doubling confirmation speeds. Validators must approve each reduction by a supermajority vote, with a delay of one epoch (2-3 days) before changes take effect. The mainnet rollout is expected around August 17, alongside a new consensus framework called Alpenglow to improve finality times, balancing speed and stability for the network.
President Donald Trump commented on "Solana coin," clarifying he does not manage or focus on it, referring instead to physical $1 Trump-branded tokens being sold as merchandise. This caused confusion as some thought he meant the Solana blockchain or ...
DeFi Development Corp., formerly Janover Inc., priced its CHAD preferred stock at $8 per share, raising $11 million to expand its Solana treasury. The preferred shares offer a 13% annual dividend paid daily and are perpetual and nonconvertible, givin...
Bitcoin surged above $82,000 on September 3 after $250 million in short positions were liquidated, triggering a $758 million total crypto market liquidation dominated by shorts. This short squeeze fueled a 21% rally in Zcash and notable moves in Ethe...
The SEC issued Order No. 34-106268 approving XRP and Solana as digital commodities alongside Bitcoin and Ether, allowing actively managed crypto ETFs to hold up to 15% of assets in these coins. This regulatory clarity sparked a $566.9 million short s...
Solana (SOL) recently broke above the key resistance level of $97.70, turning it into support and trading around $105. This breakout signals a bullish setup with the next major resistance at $120.23, followed by $146.56 if momentum continues. However...
