Solana Faces Dramatic 50% Transaction Decline Sparking Bubble Concerns
TL;DR Solanaās daily transactions have plunged by nearly 50%, falling from 125 million in late July to roughly 64 million, even as SOL price rallied 24%
Solana is a layer 1 blockchain platform whose main goal is to compete with Ethereum‘s network. Improving scalability and reducing gas fees.
Solana aims to boost the development of new applications, offering an environment with greater scalability and higher transaction speeds, which would make it a blockchain accessible to everyone.
SOL, the native token of the Solana blockchain, has seen significant growth during 2021, capturing the attention of the entire investment community.
In this section, you will find the latest news about Solana and SOL.
TL;DR Solanaās daily transactions have plunged by nearly 50%, falling from 125 million in late July to roughly 64 million, even as SOL price rallied 24%
TL;DR Strategic Alliance: Crypto.com and SOL Strategies Inc. announced a partnership on October 2, expanding Solana’s custody and validator services for institutional clients. Whale Activity: Whale
TL;DR Sharps Technology launched a $100 million buyback plan to stabilize its market value and strengthen investor confidence. The company holds 2.14M SOL, partly allocated to
TL;DR VisionSys AI has confirmed a $500 million allocation into Solana through Marinade Finance as the first phase of a wider $2 billion on-chain treasury strategy.
TL;DR Circle has deployed its tokenized U.S. Treasury fund USYC on Solana, offering institutional investors high-speed access to regulated yield-bearing assets. The tokenized Treasuries market has
TL;DR Certainty: Bloombergās Eric Balchunas now places the odds of Litecoin, Solana, and XRP ETF approvals at a full 100%, citing the SECās adoption of generic
TL;DR Solana developers are evaluating the removal of the 60 million compute unit cap per block after the Alpenglow upgrade, aiming to improve network performance and
TL;DR Solana trades at $197.46 with a market cap of $107.32 billion, down 2.08% in the past 24 hours and 20% weekly. Analysts highlight $218 as
TL;DR Solanaās meme trading trenches are slowing down, with lower participation from both creators and traders. Perpetual futures decentralized exchanges, including Aster and Drift Protocol, are
TL;DR Solana slipped from $250 to $215 after reaching its highest level in months, with analysts warning that a pullback toward $200 is increasingly likely. A
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