Solana

Solana’s growth has been more than organic, but here’s a word of caution

The third quarter of the year was both exciting and nerve-wracking for most in the crypto-community. And, while both Bitcoin and Ethereum saw positive quarters, the big winners were actually newer protocols. In fact, a significant surge in smart contract platforms outpacing the larger market was noticeable with the rise of projects such as Solana, Avalanche, and Terra. All of the aforementioned gained by at least 300% on the charts.  Even though the Ethereum network had a burst of new user adoption, mostly due to the rapid rise of NFTs,

Grayscale adds Solana, Uniswap to its Digital Large Cap Fund

Grayscale Investments has added two new assets to its large-cap crypto fund for the first time on Friday. The addition of rapidly growing Solana [SOL] and prominent decentralized finance token Uniswap [UNI] was part of a quarterly rebalancing, as noted by the investment firm. As per the statement, “This announcement follows the July 2021 news that Grayscale adjusted the Digital Large Cap Fund’s portfolio and purchased Cardano (ADA), and (this) is the first time Solana (SOL) will be included in a Grayscale investment vehicle.” Solana displayed massive growth over time

Bitcoin, Ethereum, Solana, Cardano – How did these cryptos fare in the ETP market

Digital assets like Bitcoin and Ethereum have seen a stellar rise in terms of adoption and user base over the past few months. However, the month of September did not contribute much to this growth. In fact, last month broke some trends and created history in some other ways. Bitcoin’s dominance dropped and altcoin favoritism rose. Ergo, the question – What can we expect from the market in Q4. The fall of digital assets Assets under Management (AUM) in September failed to see the same hike witnessed back in August

Terra to Apply Columbus 5 Mainnet Migration

Terra, a top 15-ranked cryptocurrency by market capitalization, is planning to apply the Columbus 5 upgrade to its mainnet today. If everything goes according to plan, this new update will bring improvements to allow the Terra network to keep expanding. Columbus 5 will change how the network mints UST (terrausd), the main stablecoin of the blockchain, and will also bring integration with other chains, and faster transactions. Columbus 5 to Go Live Today Terra, a smart contract-enabled cryptocurrency chain, is prepared to apply the new Columbus 5 mainnet upgrade today.

GameZone Brings A “Game Pass” To Blockchain Games, IDO Launches September 30th

Blockchain gaming is one of the hottest trends in the broader cryptocurrency ecosystem; everyone can make money with these games, although some will require a rather steep upfront investment. GameZone is a revolutionary project in the blockchain gaming segment and will elevate the cross-chain interoperability of games. The Power of Blockchain Gaming Earlier this year, it became apparent how much potential there is when combining gaming with blockchain technology. As video games remain one of the fastest-growing industries – currently valued at over $162 billion – it is a premier

Every Ethereum NFT can now be on Solana with Wormhole’s new ETH-SOL bridge

Ethereum competitor Solana kicks off ‘hackathon’ with $1 million in prizesThe Solana Foundation, a non-profit organization dedicated to supporting and growing the high-speed blockchain today announced it will be launching a global hackathon focused on Web3, DeFi, and NFT solutions. 2 min read → Source: https://cryptoslate.com/every-ethereum-nft-can-now-be-on-solana-with-wormholes-new-eth-sol-bridge/

Wormhole NFT bridge allows users to transfer assets on different blockchains

A new service called Wormhole NFT Bridge connects Ethereum and Solana to let users transfer assets between these competing blockchains.  This service, in technical terms, is called a “bi-directional bridge” that can send assets and make them compatible with other blockchain platforms.  This is how it works: When someone wants to transfer a Solana NFT to Ethereum to sell it on OpenSea, the service would first lock the original NFT within the Wormhole smart contract.  A smart contract is a technology that runs behind decentralized apps, DeFi protocols, and NFTs

Solana, SUSHI, Zcash Price Analysis: 24 September

 Altcoins across the market benefitted as Bitcoin and Ethereum continued to trade in the green over the last few trading sessions. The likes of Solana, SUSHI, and Zcash also appreciated over the last 24 hours. Solana flashed a notable move on the upside by securing double-digit gains. SUSHI registered a hike of 8.1%, despite buying strength remaining low. Finally, Zcash noted a 3.8% hike in value after it recovered from the 19 September sell-off.  Solana [SOL]  SOL/USD, TradingView Solana surged by 11.7% over the last 24 hours and was priced

The Crypto Top 20 Looked Very Different In 2017, Will Your Fav Projects Still Be Relevant In 4 Years?

Popular crypto YouTuber Lark Davies tweeted about 2017’s landscape, pointing out that most of the top 20 tokens back then have since fallen away. He added that people need to be aware of the fast change in pace with cryptocurrency markets and to plan accordingly. “This is the top 20 #crypto coins 4 years ago today. Gives you some pretty solid perspective. If you don’t think your coin will still be here, or at least in the top 100 in 4 years from today then you had better have an

Weekly Blockchain News Roundup

We are back again, bringing you the most talked-about cryptocurrency news of this past week. We want to help you find current and relevant news, so you always know what’s happening in the cryptocurrency and blockchain markets. Staying up to date on news does not only help you stay knowledgeable, but it may even help you make your next trade more wisely. In this weekly news roundup, we hope to inform you about your favorite exchanges, where countries lie in crypto adoption, and what blockchain updates to expect. Let us

Digital Gold v. Legos – Can just Bitcoin or Ethereum do it all

Bitcoin v. Ethereum – The elephant in the room of most Bitcoin and altcoin analyses. During a recent episode of the Unchained podcast, host Laura Shin let the author of The Bullish Case for Bitcoin, Vijay Boyapati, and Ethereum Foundation Researcher Justin Drake take a stab at the question. Needless to say, it was the latest chapter in the debate between Bitcoin and Ethereum maximalists. According to Boyapati, Bitcoin was right to give importance to backwards compatibility, when compared to changing protocols or issuance volumes – as Ethereum has done.