Abu Dhabi partners with Solana to drive web3 adoption in UAE

March 15, 2024

Abu Dhabi, Friday, February 23, 2024 – A leading International Financial Center (IFC) well known for blockchain innovation, Abu Dhabi Global Market (ADGM) announced on February 7, 2024, their Memorandum of Understanding (MOU) with the Solana Foundation, a non-profit organization with expertise in blockchain platforms. The alliance is aimed at developing Distributed Ledger Technology (DLT) solutions […]

Brazil Approves Second Solana ETF for Investors

August 23, 2024

RIO DE JANEIRO, Friday, August 23, 2024- Brazil’s Securities and Exchange Commission (CVM) has approved on August 21, the country’s second Solana exchange-traded fund (ETF), bolstering its position as a leader in Latin America’s crypto investment landscape. The new ETF, set to be launched by asset manager Hashdex in collaboration with BTG Pactual, follows the […]

Solana $58 Rally Ignites $1,000 Speculation Surge

November 29, 2023

SAN FRANCISCO, CA November 21, 2023 – Solana (SOL), the high-performance blockchain protocol often referred to as the Ethereum killer, has recently experienced a remarkable surge in price, reaching a new high for the year 2023 at approximately $58. This significant price increase has fueled speculation among analysts that SOL could potentially reach a valuation […]

Solana Makes Comeback, Detaching from FTX Influence

January 26, 2024

NEW YORK, NY, January 2, 2024 – The Solana blockchain, once closely associated with the now-defunct FTX exchange, is witnessing a notable resurgence, according to market reports last week. However, despite the recent upswing, analysts maintain a cautious stance. Reports said that fueled by the surging value of its native token, SOL, Solana has captured […]

Solana Project Launches Delayed by Network Congestion

May 16, 2024

San Francisco, Thursday, April 18, 2024 – Solana Blockchain interrupted its crypto projects due to the periodic congestion on the platform, source reported recently. It is noted that new projects like the Non-Fungible Token (NFT) projects of Suit Up, DuckCoin, and Surge Finance, the staking reward platform of Solana, would be postponed until the issues […]

Solana the Future of Crypto Payments: Leaving Bitcoin and Ethereum Behind

May 18, 2024

In today’s world of digital currencies, Solana stands out as a strong option for those looking beyond Ethereum’s limitations. Unlike Ethereum, Solana tackles the issue of scalability with its unique Proof of History (PoH) and Proof of Stake (PoS) consensus mechanisms, which add timestamps to its blockchain, making transactions much faster. For example, Solana’s network […]

Tensor Now Unveils TNSR Governance Token

May 14, 2024

San Francisco, Tuesday, March 26, 2024 – Tensor, Solana’s top NFT marketplace, announced on March 13, 2024, that the $TNSR governance token will be introduced soon to the decentralized market. The new formation of the Tensor Foundation will be operated by the Tensor protocol with $TNSR holders, empowering the blockchain platform. The in-depth revelation of […]

VanEck Forecasts Solana in Top Three Market Cap by Now

January 18, 2024

New York, Friday, December 8– Investment firm VanEck, in its recent report titled 15 Crypto Predictions for 2024, predicts a surging year for Solana (SOL), forecasting it could join the top three cryptocurrencies by market cap. The report, released on December 7, cites Solana’s impressive technical capabilities, with its fast 65,000 transactions per second (TPS) […]