Solana is a blockchain fairly new to the crypto game, but that's not to say it's not a serious player. Attempting to rival smart-contract titan Ethereum for the NFT and web3 crown, Solana has a strong focus on scalability through its hybrid proof-of-history/proof-of-stake consensus that aims to accommodate a flourishing dApp ecosystem. Its native token SOL has enjoyed the successes of Solana-based NFTs and dApps, but since its inception has also felt the strain of the network’s tendency to experience outages. Although that hasn't stopped it from reaching the top 15 coins by market cap.
The value of the tokens plummeted by close to the 30% last week as a result of the SEC’s lawsuit against Binance.
New features are scheduled to be implemented to the exchange soon, including futures trading.
Some layer 1 tokens were starting the week with a price pump – and Solana in particular looks ready to rocket.
Solana’s biggest NFT marketplace had a bit of a mishap this week, which resulted in some less-than-magical images being shown to users.
Solana-based wallet Phantom is looking ready to take on MetaMask by adding compatibility for new blockchains.
Its close association with FTX has made the last few weeks hell for Solana, and exchanges are worried the storm has only just begun.
It was a dark day in the world of Solana on Monday, with the collapse of FTX causing the token to break records (and not the good kind).
Solana has been having one of its worst weeks on record, with an upcoming token unlock making things even more complicated.
Twitter’s influence over the crypto market has been shown once again, this time with Solana as the beneficiary.
Web 3 looks ready to go mobile, with the specifications and features of Solana’s ‘crypto smartphone’ finally unveiled.
A Solana competitor has officially entered the ring, and given SOL’s history till now has hardly been flawless, there might be something to worry about.
See all events
See all sparks