Solana
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Solana Introduces State Compression to Significantly Reduce Data Storage Costs
On April 6th, Solana announced the launch of state compression, a new method of storing data on Solana that can significantly reduce costs. The first use of state compression to co
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NFT Sales in March Drop by 31.42% Month on Month, With Ethereum Contributing Over 60% of Total Sales
On April 3rd, according to CryptoSlam data, NFT sales in March decreased by 31.42% month on month, from $1.03 billion in February to $882.89 million in sales. Among these sales, $5
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Solana’s Cega Launches Leveraged Option Vault (LOV) Strategy on Main Ethereum Network
It is reported that the Solana Option Agreement Cega will be launched on the main Ethereum network. The agreement will provide a Leveraged Option Vault (LOV) strategy, expected to
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#Solana-based Project DeGods Launches on Ethereum Network: Exploring the Latest NFT Marketplace News
According to reports, the Solana ecological PFP project DeGods announced that it had opened up the migration to the Ethereum network for NFT holders. The NFT market Blur subsequent
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Raydium Announces $2.3 Million Vulnerability Reward Plan to Enhance Security
According to reports, team members of Raydium, a decentralized exchange based on Solana, proposed to create a vulnerability reward plan worth 10 million RAY tokens (approximately $
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Web3 Wallet Phantom: One Wallet, Three Platforms
According to reports, Web3 Wallet Phantom has announced that it is currently compatible with all applications on Ethereum, Polygon, and Solana. Users can select the MetaMask icon t
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Cosmos Ecological Smart Contract Platform Injective Launches Solana SVM Rollup Cascade for IBC Ecosystem
On March 30th, Cosmos Ecological Smart Contract Platform Injective announced the launch of the first Solana SVM Rollup Cascade for the IBC ecosystem. This integration will bring So
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Seven infrastructure companies including Evertake have added support for the Python Oracle network on Solana
On March 29, according to an official statement, seven blockchain infrastructure companies, including Evertake, P2P, Syndica, Segment, Triton, Coinbase Cloud, and Blockdaemon, have
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OpenSea Adds Solana: A New Era of NFT Trading
According to reports, OpenSea\’s video promotion on Twitter suggests that NFT traders will be able to buy and sell Solana NFT on OpenSea\’s website starting next month. OpenSea did n
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The Future of Real Estate: Monetizing Homes through NFTs
According to reports, a single family home in McCarran, Texas, is worth $235000, and the real estate token platform Homebase has raised $246800 in about two weeks to monetize the h
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Solana Stable Currency Project Cashio App Transfers ETH to Tornado Cash: What Does It Mean?
According to reports, according to PeckShield monitoring, the Solana ecological algorithm stable currency project Cashio App has transferred about 3000 ETHs (approximately $5.1 mil
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NFT Sales Decline for the Week Amid Growing Blockchain Diversity
According to reports, compared to last week, NFT sales fell 5.44% this week, with sales of 19 different blockchains reaching $193.8 million. According to Cryptoslam.io statistics,
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The CoinShares Weekly Report Shows a Significant Turnaround in Digital Asset Investments
According to the CoinShares Weekly Report, last week\’s net inflow of digital asset investment products was $160 million, the largest inflow since July 2022. After six consecutive w
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Table of Contents
It is reported that according to the 24-hour statistics of currency coin data, BTC\’s positions are 25.5456 million USD, EOS\’s positions are 305700 USD, LTC\’s positions are 1.2142 m
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USDC Circulation: Understanding the Top Networks
According to reports, according to Usdc.com data, the current total circulation of USDC is 33.91 billion US dollars, and the circulation of USDC on the Solana chain is 708 million
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Phantom introduces priority fees on Solana, which will automatically increase fees to prioritize transactions during network congestion
On March 24th, Phantom, an encrypted wallet, announced the introduction of a priority fee on Solana in a social media release. During network congestion, the fee will be automatically raised to prioritize user transactions in the block for rapid execution. Interpretation of this information: The introduction of a priority fee on Solana is an important development for Phantom, an encrypted wallet. The company made this announcement on March 24th through a social media release. This is aimed at enhancing the user experience by prioritizing certain transactions on the block during…
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Solana Foundation Releases March Verifier Health Report: Proposed Recruitment of Pledge Ecosystem Leader
According to reports, the Solana Foundation officially released the March 2023 Verifier Health Report, which stated that Solana is currently one of the world’s largest proof of entitlement networks with the largest number of nodes, and also one of the networks with the largest distribution of Nakamoto coefficients, with over 3000 consensus and RPC nodes distributed globally. In addition, the Solana Foundation stated that as a multi verifier client network, two clients have been put into operation, and a third client is under development. In the past 120 days, 104…
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Solana based NFT platform Formfunction announced that it will be closed on March 29
It is reported that Formfunction, an NFT platform based on Solana, will close its website on March 29. Formfunction recommends that creators on the platform remove their projects from the shelves by March 29. Formfunction was launched in February 2022 to support the “one of one” NFT creator on Solana. Interpretation of this information: Formfunction, an NFT platform based on Solana, will soon be saying goodbye as it announced the shutdown of its website on March 29. The platform encourages creators who have listed their projects on its page to…
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Solana whale has transferred nearly US $70 million SOL to Coinbase
It is reported that according to Whale Alert data, a batch of Solana whales have transferred nearly US $70 million of SOL to Coinbase. These whales have carried out multiple transactions in two minutes, with each transfer ranging from 599999 to 554000 SOL, a total of 2954427 SOL. It is believed that the same entity is likely to be behind these transactions. (cryptoglobe) Interpretation of this information: According to the Whale Alert data, a group of Solana whales have recently made a significant transfer of almost $70 million worth of…
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Tensor, the NFT trading platform on the Solana chain, completed a seed round financing of US $3 million
It is reported that Tensor, the NFT trading platform on the Solana chain, announced the completion of a seed round financing of US $3 million, with Placeholder leading the investment, Solana Ventures, Alliance DAO, Big Brain Holdings, and Solana co-founders Anatoly Yakovenko and Raj Gokal participating in the investment. Tensor launched the private beta model in June 2022 and plans to open it to the public next month. (TechCrunch) Interpretation of this information: Tensor, a non-fungible token (NFT) trading platform that operates on the Solana chain, has raised $3 million…