Solana Network Resume Operation after Long Hours Shutdown

The Solana blockchain network is back online after several hours of outage that denied users to transact digital asset products.

Solana Restarts Mainnet, SOL Users Complain, Dev Says Network Stall Not Similar to ETH in 2016

The blockchain network Solana had issues processing blocks on September 14 and according to a status report on September 15 at 2:01 a.m.

Solana Network Goes Offline Amid Massive SOL Price Plunge

The Solana blockchain network has been down for several hours, an incident that adversely affected the price of SOL cryptocurrency.

Solana Block Production Stalls for Hours, SOL Holders Unable to Transact, Validators Deploy a Fix

According to reports on social media, crypto forums, onchain metrics, and the Solana Status Twitter account indicate that Solana’s blockchain has stalled.

SolRazr Raises $1.5M to Build Decentralized Developer Ecosystem for Solana Blockchain

[PR – Singapore, Singapore, 8h September, 2021] Solana based venture platform SolRazr has unveiled the first decentralized developer ecosystem for the Solana blockchain, comprising Launchpad, Accelerator, and Developer Tools.

SolRazr Raises $1.5 Million To Build First Decentralized Developer Ecosystem for Solana Blockchain

September 7, 2021 – Singapore, Singapore Solana based venture platform SolRazr has unveiled the first decentralized developer ecosystem for the Solana blockchain, comprising launchpad, accelerator, and developer tools.

Solana price soars to new highs with DeFi project launch, $70M DEX funding

But is the Solana native token anticipating a big price correction ahead? Solana blockchain’s native asset, SOL, soared to a new record high on Monday.The SOL/USD exchange rate rose by 26.12% to $65.467 on the Binance exchange after traders assessed a flurry of infrastructural developments in the Solana ecosystem, including a recent $70-million crowdfund to support its blockchain-powered decentralized exchange, Mango Markets.Solana ecosystem upgradesMango offers a platform for spot markets, lending and perpetual futures.

As BTC and ETH Pursue Multilayer Schemes, Elon Musk Says ‘There’s Merit to Doge Maximizing the Base Layer’

The CEO of Tesla, Elon Musk, is a fan of base layers when it comes to blockchain technology and on Friday, Musk explained there’s “merit” to the Dogecoin chain “minimizing transaction cost.” Dogecoin developers are in the midst of preparing to update the Dogecoin network by gradually deploying the updates to the network “over multiple […]

SOLANAX Has Now Started Their Second IEO Round!

Disclaimer: The text below is a press release that was not written by Cryptonews.com. The IEO has been a recent innovation in the cryptocurrency space, and Solanax, a Solana blockchain-based automated market maker (AMM), has recently started gaining momentum in the crypto community for its upcoming IEO as it is going to be one of the fastest Cross-Chain DEX in decentralised finance or DeFi space.

Tesla, Facebook, Google, Stocks Launch on the Solana Blockchain

Over 50 tokenized stocks can now be traded across platforms built on Solana.

Solanax: Fastest decentralized exchange built on Solana blockchain

Decentralized finance (DeFi) has only been here since 2020 yet it’s already shaking the financial world.

SOLANAX: FASTEST Decentralized Exchange Built on Solana Blockchain

Disclaimer: The text below is a press release that was not written by Cryptonews.com. The Bunker of Global Decentralized Finance Solanax is a new DeFi protocol built on top of the Solana network that will catapult Decentralized Finances to unprecedented performance levels.

Korean Solana expansion gets $20 million boost

ROK Capital and the Solana Foundation have formed the Solana Eco Fund, aiming to spark a fire of Solana blockchain-based growth in Korea.

'Shopify for NFTs' Launches on Solana Blockchain

Solana is the latest blockchain to stand up an NFT offering.

Serum Hits New All-Time High amid 900% Year-to-Date Increase

Serum (SRM), a decentralized exchange that operates on the Solana blockchain, set a new all-time high of $11.24 today.

Solana DeFi hackathon winners focus on DEX order books, interoperability

A recent Solana hackathon generated unique ideas leveraging the blockchain's architecture. Solana and Serum announced the winners of a recent two-week hackathon focusing on building decentralized finance projects on the Solana blockchain.

Tether tokens go live on Ethereum competitor Solana blockchain

Tether's integration with the Solana blockchain is intended to help support a range of projects in DeFi, blockchain gaming and Web 3.0. Stablecoin issuer Tether has announced that USDT tokens are launching today, March 9, on the Solana (SOL) blockchain.

Interoperability Project Ren ‘Joining’ Alameda Research

Sam Bankman-Fried's Alameda Research has established ties with RenVM to bring more DeFi assets to the Solana blockchain.

Brave New Coin, Solana to Help Solve Nevada's Cannabis Problem

A pilot program will create a tokenized ecosystem on the Solana blockchain that lets cannabis companies make payments.

Ethereum Rival Solana Wants to Corner Asian DeFi Market

Solana Foundation, which supports development on the Solana blockchain, is partnering with Coin98 Ventures to give grants to DeFi startups in Southeast Asia.

Human Protocol Wants to Use Solana to Teach Computers to Learn

Human Protocol, wants to help teach computers to learn and plans to use decentralized labor pools on the Solana blockchain.

Audius, the ‘Decentralized Spotify,’ Is Moving Part of Its Service to Solana Blockchain

Decentralized music app Audius announced Thursday that it will migrate its content management system over to Solana’s high-speed blockchain from an Ethereum sidechain operated by the POA Network that runs on a set of trusted validators.

Circle's new partnership will bring USDC stablecoin to Solana blockchain

With several blockchains integrating the USDC stablecoin last week, crypto payments tech firm Circle announced today that it would now make the dollar-backed stablecoin available for the Solana blockc The post Circle's new partnership will bring USDC stablecoin to Solana blockchain appeared first on AMBCrypto.

USDC Is Coming to Solana Blockchain in Potential Boost for Non-Ethereum DeFi

USDC moves to Solana – its fourth blockchain – one week after also landing on Stellar.

Tether launched on Solana blockchain

In a recent announcement today, the widely-used stablecoin tether (USDt) will be launched on Solana, a high-speed blockchain network.

Crypto Exchange FTX Buys Blockfolio for $150 Million in Effort To Expand Retail Presence

Cryptocurrency derivatives exchange FTX has acquired the popular portfolio tracking app Blockfolio for $150 million in a bid to gain a foothold in the crypto retail market.