Is Solana Truly Decentralized? Solend’s Actions Sparks Debate
The Solana network has been growing in popularity among decentralized finance (DeFi) enthusiasts. The success of many projects on the platform has drawn developers to it and with the developers have come to the investors. With the market crash, many networks in the market have suffered due to declining prices, having to put in various […]
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The Solana-centric lending application Solend lost $1.26 million in an oracle attack, according to Solend’s official Twitter account on Wednesday. A number of affected pools were disabled, and Solend says it has given crypto exchanges the exploiter’s address. Solana Defi Application Solend Loses $1.26 Million in Oracle Exploit The crypto community has seen two significant hacks in the last 24 hours, and one of them stemmed from the decentralized finance (defi) protocol Solend. The team’s official Twitter account tweeted about the loss after it said it suffered from an oracle attack....
The much-anticipated Solana (SOL) ETF has officially gone live, triggering a wave of excitement across the crypto market. Bitwise’s Solana Staking ETF (BSOL) and Grayscale’s SOL ETF (GSOL) made their debut on U.S. exchanges this week, drawing significant investor interest. Related Reading: Bitcoin Price To Recover? Here Are Some Developments You Should Be Aware Of […]
Quick Facts: 1️⃣ Gemini’s AI model predicts Solana ($SOL) could hit $300 by the end of the year, driven by strong on-chain fundamentals and rising DEX volumes. 2️⃣ Solana leads all blockchains in real economic value ($223M in Q3) and posts over $138B in monthly DEX activity, surpassing Ethereum. 3️⃣ Developer growth and fee efficiency […]
Solana (SOL) is under intense market pressure after a massive $201 million token transfer on November 17 sparked concerns about further losses. Related Reading: Hoskinson Vs. Cardano Foundation: From Berlin Parties To ‘Useful Idiots’ While institutional interest in Solana-based ETFs remains strong, technical indicators point to a fragile market structure that could send SOL toward […]
What happens when you mix Elon Musk, Vine, and Solana? Apparently, meme coin madness. After Musk cheekily hinted on X at bringing back Vine – the short-form video app that many still mourn – crypto traders did what they do best. They aped into anything that felt remotely related. And naturally, one Solana-based meme coin […]