Solana is set to triple its maximum transaction size from 1,232 to 4,096 bytes with the new Transaction v1 update, allowing more complex operations in a single transaction. This technical upgrade closes a gap with Ethereum, which has no transaction size limit but is slower and costlier. Meanwhile, Ethereum approved EIP-8141 for its 2027 Hegotá upgrade, enabling users to pay transaction fees directly in stablecoins without holding ETH, simplifying user experience. Solana's change takes effect immediately, while Ethereum's upgrade aims at accessibility on a longer timeline, highlighting different strategic focuses for the two networks.
On October 23, Ether was the only major cryptocurrency among five tracked to have a negative perpetual-futures funding rate, meaning short sellers pay long holders. Its rate was -0.0002% every eight hours, or -0.3% annualized. In contrast, XRP had th...
Solana (SOL) saw a 3.1% price drop from October 21 to 22, trading around $103.95 after hitting lows near $100 earlier in October. This decline coincided with the activation of the Alpenglow upgrade on Solana's mainnet, which significantly speeds up t...
About 74.12% of Solana's circulating tokens, or 437 million SOL, are staked, locking up roughly $45 billion worth of SOL and leaving only 152.6 million tokens freely tradable. This high staking ratio restricts daily market supply, explaining Solana's...
Open interest in Bitcoin (BTC) and four other major cryptocurrencies fell notably within 24 hours, with XRP experiencing the sharpest drop of 7.02% to $415.4 million. BTC open interest declined 6.35% to $7.79 billion, while Ether (ETH), Solana (SOL),...
U.S. spot Bitcoin ETFs experienced a significant outflow of $635.6 million on Thursday, wiping out nearly 60% of the $1.07 billion inflows over the previous three days and turning October net flows negative by about $176 million. Ethereum and Solana ...
