Solana V2 Is Imminent: Velas’ First DEX Is Now Live, With 40 More Projects In...
The cryptocurrency and blockchain ecosystems continue to create new and innovative concepts. Velas is a blockchain that has surprised many people and will seemingly continue to do so for the foreseeable future. Dozens of projects are launching on this ecosystem that takes elements of Solana and refines and improves them further. The Astronomic Rise Of Velas Taking the Solana code and forking it would not necessarily create a successful ecosystem. However, the Velas team has successfully made an impact through several key improvements to that original codebase. It is considered....
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Adoption of Chingari’s GARI cryptocurrency is soaring, with the token rising rapidly to become the second-most widely held out of all projects on the Solana blockchain, according to new data from GenX Analytics. Which #Solana @solana Projects are the MOST WIDELY #HODL‘d ⁉️🤔 Heres 20 #SOL ECOSYSTEM🚀 Tokens with Exceedingly Larger Holder Base 💎🙌$KIN […]
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. Speaking to Cointelegraph, Tether's chief technical officer said that the integration with the layer 1 blockchain promises to support a wide array of projects in the Decentralized Finance, or DeFi, sector and other Web 3.0. activities.As previously reported, Solana is being pitched as a competitor to Ethereum, with the hope of drawing DeFi....
After expanding beyond Ethereum to Solana, Maple Finance expects its Solana app to control $300 million worth of liquidity by the end of 2022. Crypto capital markets platform Maple Finance has expanded support to the Solana blockchain and has deployed a $45 million fund to spur ecosystem growth.Maple provides undercollateralized loans for institutional borrowers on Ethereum (ETH) and now Solana (SOL) from several pool delegates. The project stated in an Apr. 25 blog post that it has already “originated over $1.2 billion in loans and currently count over $900 million in TVL to the....
This year just keeps getting better and better for Solana. Since Sam Bankman-Fried, the CEO of FTX, famously tweeted an offer to buy SOL at a price well above its market value in January, SOL is up 12,000% for the year, and it recently broke into the crypto Top 5 as measured by market cap. The price of $SOL began soaring to new all-time highs as the Solana community met in Lisbon for the network’s first-ever international conference, Breakpoint. After nearly two years of enduring a global pandemic that kept everyone at home, Breakpoint was the first time many people in the Solana community....
Over 50 market-ready projects have launched on Solana over the past month. The new capital infusion will help accelerate the growth and development of key projects. The Solana Foundation, the grants program behind the Solana high-performance blockchain, has inked partnerships with cryptocurrency exchanges OKEx and MXC to launch two strategic investment funds designed to fuel the ecosystem’s expansion. The two funds, which are collectively valued at $40 million, will help Solana bring more of its decentralized applications and protocols to market. Anatoly Yakovenko, president of the Solana....