Solana

Technical analysis and price predictions are one thing, but fundamentals are another. For those looking for long-term investment opportunities in the digital asset ecosystem, they'll need information beyond APY and media coverage. What is the value proposition of a given cryptocurrency? What market does it address? Is its tokenomics sound? Is it an outright scam? These are the questions that a cryptocurrency whitepaper should answer. What Is a Cryptocurrency Whitepaper? Though not exclusive to cryptocurrencies, the term "whitepaper" has entered…

The NFT space exploded in 2021. A record $10.7 billion worth of NFTs exchanged hands in the third quarter of 2021, surging more than 700% from the previous quarter. The space is exciting for collectors and artists who want to enjoy and profit from digital art. To trade or mint NFTs, you first need to choose the platform. The following article will compare two major NFT networks, Ethereum and Solana. Even if you don't want to buy NFTs, you should still…

As major blockchain platforms are seeing upgrades, major cryptos are surging on a wave of trader enthusiasm. Bitcoin is surging to all-time highs, breaking $67,000. However, altcoins are doing even better. Ether has reached an all-time high of $4,841 following a network upgrade. Ethereum's Altair Upgrade Since the start of 2021, Bitcoin's dominance has fallen from 73% to 44%. Meanwhile, Ether's share of the crypto market cap has risen to 20%. Its main advantage is that it powers the Ethereum network, a…

Solana's ecosystem is getting a significant upgrade - for mobile. The Ethereum-like ecosystem that powers smart contracts will get a much-needed upgrade. Thanks to two significant players expanding into the space, the system will be easier to interact with on mobile. Recently, Phantom, a browser-based wallet, announced releasing an app for Android and Apple users. Developers said that that they will release a private beta of the app "around the holidays." They are planning to release the full launch in…

Lil Uzi-backed NFT project by Solana titled ''Eternal Beings'' faces several accusations of a rug pull. He deleted every tweet mentioning the project. The event marks another crypto project backed by a celebrity to run into trouble. Eternal Beings Accused of Pulling the Rug Solana launched Eternal Beings on Tuesday. The project is a collection of 11,111 generative alien avatars with a similar fashion sense to the rapper. Lil Uzi Vert, who previously promoted the project on Twitter, deleted all…

We will remember 2021 for a lot of things. However, the rise of “Ethereum killers” might be the most prominent. Essentially, these are blockchains looking to match Ethereum in terms of performance. This way, these Ethereum alternatives can take from its market share. September was a big month for these Ethereum killers. The blockchains themselves got significant adoption as they continued their mission to usurp Ethereum, and their native tokens ultimately delivered impressive price gains as well. SOL Takes the Crown…

Solana, a smart contract center, has been the talk of the crypto world for about a month now. Its value increased nearly 7 times between August and September, from merely $30 to over $200. Those excellent moves in the coin and network show that the blockchain is heading to greatness. Nonetheless, the cryptocurrency has seen its value plummet from the recent ATH to values below $150. Analysts are still discussing whether the crypto's price action signals a pump and dump…

The CEO and co-founder at Solana Labs, Anatoly Yakovenko, addressed how Solana has taken up crypto space. Anatoly shared some specifics about the project in an interview at the SALT conference 2021. Solana's Achieved improvements The CEO reported that the project's sole focus is on improving transactional speed to ensure scalability for its users. To achieve this, Yakovenko stated that Solana sought out a third-party host. He mentioned that SOL hit 200,000 transactions per second. The third-party validators ensure higher capacity for crypto…

Deutsche Boerse has added three new crypto exchange-traded notes (ETNs) in its exchange. It further expands to the previously listed ETNs like BTC, ETH, BCH, and LTC. According to Deutsche Boerse, it officially announced on Tuesday that anyone could trade its three new ETNs. The ETNs, Tron (TRX), Solana (SOL), and Polkadot (DOT), will be available on the Frankfurt Stock Exchange and Xetra. The three ETNs launched by the German stock market operator, Deutsche Boerse, are an addition to the other cryptocurrencies on the…