Solana

Following the brutal crypto winter that was witnessed between 2022 and 2023, the crypto market rebounded in 2024. The new year brought considerable bullish momentum and an overall positive sentiment to the market. With renewed investor confidence, market liquidity and extreme greed among traders, people are returning to the market with additional capital. As we head into the second quarter of 2024, three altcoins emerge as the top contenders: Binance Coin (BNB), Solana (SOL) and NFT Finance (NFTFN). Let’s take…

The post Ethereum Spot In Danger As Veteran Trader Sees Solana Surpassing Ethereum  appeared first on Coinpedia Fintech News Prominent crypto trader Peter Brandt shared insights on the SOL/ETH chart, suggesting a significant resistance level. According to Brandt, this resistance signifies a substantial supply of assets. However, he hints at a potential bullish scenario for SOL if this resistance is overcome, indicating a possible doubling in value compared to $ETH. Solana To Surpass Ethereum  In a recent tweet, Peter Brandt…

Solana founder Anatoly Yakovenko has revealed that the bug at the root of significantly reduced functionality in the Solana blockchain ecosystem has been identified and patched.  The Solana network has been facing significant issues as it struggles to cope with surging meme coin demand. A record 75% of user transactions failed. Anatoly Yakovenko Explains Glitch  The Solana co-founder stated that while the glitch causing reduced functionality, transaction failures, and a slowdown in block finalization had been patched, implementing other key…

The post Massive Liquidation: FTX Unloads $1.9 Billion Solana Tokens, What Next For SOL Price appeared first on Coinpedia Fintech News According to the Bloomberg report, the recent massive liquidation of Solana by the FTX estate has turned the crypto market upside down. FTX, the bankrupt exchange, unloaded over half of its SOL tokens at a 63% discount from current market prices, resulting in nearly $2 billion for FTX creditors.  FTX’s $1.9B SOL Sale Sparks Creditor Outrage Galaxy Trading, Pantera…

Cardano (ADA)’s founder is a man of many words and many GIFs. Charles Hoskinson’s comments, whether you agree or disagree with them, tend to spark discussions in the crypto community. Hoskinson’s latest X reply spree covered issues from dating advice to his confidence in the ecosystem to Solana’s recent struggles. As a result, several conversations regarding those topics and Cardano’s founder’s perspectives on them spread across the X platform. Charles Hoskinson’s Dating Advice Charles Hoskinson offered some crypto-related dating advice…

The post Ethereum (ETH) and Solana (SOL) Clash for Altcoin Crown as Analysts Recognize Furrever Token (FURR)’s Emerges as Promising appeared first on Coinpedia Fintech News In the fiercely competitive arena of altcoins, Ethereum (ETH) and Solana (SOL) stand as formidable contenders, each vying for the coveted altcoin crown. However, amidst this clash of titans, analysts are turning their attention to a newcomer with promising potential: Furrever Token (FURR). With its innovative approach and captivating charm, Furrever Token has captured…

In a significant development, FTX bankruptcy trustees have reportedly sold about two-thirds of a $2.6 billion stash of Solana (SOL) at a “deeply discounted price.”  Industry figures such as Galaxy Trading and Pantera Capital were among the investors involved in the deal, according to people familiar with the matter, as reported by Bloomberg. SOL Tokens’ Four-Year Journey Per the report, the FTX estate was able to sell between 25 million and 30 million locked-up Solana coins at $64 each, generating…

The Solana network has been grappling with a significant surge in transaction failures, with approximately three-quarters of all transactions experiencing issues amidst the frenzy of activity sparked by the recent meme coin craze. Market players believe that the current crisis is an “existential moment as big as the FTX collapse.” Solana’s Failed Transaction Climbs 75% According to the latest data from Dune Analytics on April 4, over 75% of “non-vote” Solana transactions failed, marking the highest negative rate recorded. This…

There is a new kid on the crypto block, sparking quite a buzz. Its upside potential is unparalleled, resulting in investors looking beyond peaked, established cryptocurrencies like Solana (SOL) and Shiba Inu (SHIB). This new altcoin is at the intersection of AI and blockchain, buzzing with potential. On the cusp of exploding after its launch, it is among the best cryptos to buy now—perhaps the best. InQubeta (QUBE): A More Compelling Investment InQubeta (QUBE) has been creating quite a buzz…