Solana (SOL)

The Solana DeFi ecosystem is currently experiencing exponential growth. In the space of just one week, transaction volumes on Solana-based decentralized exchanges (DEX) have surged by 54%, reaching a record high of 3 billion dollars.

Up until now, Ripple's cryptocurrency has struggled to regain its January 2018 levels, during which it was trading at $3.40. Nevertheless, its recent performances have not failed to impress observers. Should we expect an XRP bull run like other major cryptocurrencies? Time will tell. Let's delve into the details!

Amazon, the tech giant, has set its sights on Solana, promising a revolution in cloud technology and offering a launchpad to uncharted heights for blockchain. Meanwhile, a lone miner defies the odds by hitting the jackpot. Since NFTs made their way to Bitcoin, there's been a frenzy that's unsettling purists and pragmatists alike. Elon Musk clarifies his vision of Twitter without crypto, while Vitalik Buterin alerts us to the hidden risks of second-layer solutions. In the background, Tether swells its coffers and reaches peaks that challenge traditional institutions. Beyond the fray, Bitcoin and Ethereum outperform gold and traditional assets in 2023.

In 2021, the year of cryptocurrency's glory, SOL was trading at $259.96 per coin. Since then, the graphs have shown nothing but a staggering fall for the Solana crypto. This has left investors in doubt about the future of their favorite digital asset. However, with the recent surge in Bitcoin, SOL has also performed well. Many believe it could soon be trading at $50. Let's delve in!

Amazon, through Amazon Web Services, known as 'the most comprehensive and widely adopted cloud platform in the world,' is showing strong commitment to accelerating the development of Solana. By hosting nodes of this blockchain on its network, AWS aims to provide faster transaction speeds and lower fees for users and professionals. Let's delve into the details!

Crypto stands out as a financial revolution. At the core of this revolution, we find key players such as Solana and SwissBorg, ready to redefine trading paradigms.

After coming perilously close to the worst during the crypto exchange FTX's fall, Solana has skyrocketed in the charts. Staking the Solana (SOL) cryptocurrency, which is now one of the top-performing cryptos of 2023, has generated over 200% in profits throughout the year. A performance that completely outshines that of its competitor, Ethereum.

Anonymous transactions are becoming a crucial element in the future of the crypto sphere. Considering recent improvements in Solana, this once-regulatory-despised convenience will soon be integrated. Version 1.16 of the protocol will also include other enticing features. Details!

There will be some rumblings in the crypto industry in the next few days. Because if approved, FTX will liquidate a large number of its digital assets. There's talk of a plan to sell $200 million in cryptocurrencies. Something to keep an eye on!

A revolution is underway at Solana. The prestigious blockchain has welcomed EUROe, the first native euro stablecoin, carefully designed to integrate with its ecosystem. Behind this innovation stands Membrane Finance, a Finnish startup specializing in fintech blockchain. Thanks to EUROe, the happy encounter between the crypto sphere and the digital euro has finally materialized. Let's find out more.

Solana (SOL) is currently not at its best in the crypto market. However, some analysts believe this is just temporary.

Following on from The Merge and Shanghai, Ethereum is planning further upgrades to make the blockchain more powerful. While waiting for the promised major changes, Solana offers a "plausible" possibility to the Ethereum team. Find out what Anatoly Yakovenko, cofounder of Solana Labs, has to say.

SEC attacks are wreaking havoc on the crypto sector, and companies are not exempt. Revolut recently made an exit that is unlikely to please all its customers, as they will soon no longer be able to trade certain tokens. So, goodbye to Solana (SOL), Polygon (MATIC) and Cardano (ADA)?

Usually, when the SEC classifies any token as a “security,” it is followed by sanctions for fraud or illegal sale of an “unregistered security.” And to make matters worse, the digital asset witnesses a plunge in its price. Three famous crypto projects, Solana, Cardano, and Polygon, recently concerned about the actions of the SEC, are taking a stand to avoid the worst.

Launched only in 2020, Solana is one of those layer 1 blockchains that already enjoys a certain level of recognition in the crypto market. In an interview, its co-founder even goes as far as declaring that Solana has the potential to be the Apple of crypto.

Raoul Pal, the founder of Real Vision, former Goldman Sachs executive, and macroeconomics expert, recently shared his optimism about Solana (SOL) in the latest edition of the Global Macro Investor (GMI) newsletter. Drawing on his technical analysis expertise, Pal remains convinced that Solana is on the verge of a significant uptrend.

Anatoly Yakovenko, the creator of Solana, was recently interviewed on Token Terminal's YouTube channel. It was an opportunity for him to discuss the great capabilities of his blockchain. He declared that Ethereum's rival could meet global demands.