News with the tag "Solana News "

Solana’s SOL token jumped 30.5% in annualized inflation following the implementation of SIMD 96 on February 12th. The implementation of SIMD 96 decreased the amount of SOL burned daily from 18,000 SOL to 1,000 SOL, impacting the real economic value (REV) distributed to token holders. The Solana Impr...

Solana (SOL) price declined by more than 18% in the last 7 days as chaos in the memecoin category triggered a selloff. On-chain data suggests that SOL might be losing its shine and things could get worse. However, the cumulative crypto market is dealing with intense selling pressure as Bitcoin (BTC)...

After an initial minting peak, stablecoins are starting to flow out of Solana. The network initially received additional USDC, gaining over $12B in stablecoins. The stablecoin supply on Solana is decreasing after peaking at above 12B tokens. Most of the inflows came from USDC adding billions in liqu...

Decentralized exchanges (DEXs) on Solana recorded approximately $20.2 billion in the week that ended February 16. The numbers extend a streak of declining weekly trading volume for the fifth straight week, based on DeFiLlama data. The data analysis site also revealed that in the week ending February...

Solana is one of the most controversial and embattled chains in crypto, but one of the reasons it continues to thrive despite all the obstacles is its cult-like community. Mert Mumtaz, the Helius Lab CEO is a hardcore member of that community with the battle scars to show for it. He proved his love ...

Melea is being accused by Stakewiz, a validator monitoring service, of unethical practices. According to a tweet from Solana validator Stakewiz, “MEV rewards now account for ~4% of the 11-12% APY stakers on Solana can earn.” The tweet explained that Solana stakers attached to validators with an MEV ...

Asset manager VanEck says Solana could surge to $520 per token by the end of 2025, according to their latest market report released today. Right now, Solana holds 15% of the smart contract platform (SCP) market. But VanEck predicts that share will jump to 22% by December, thanks to its developer dom...

Solana’s network had its last period of stalled block production on February 6, 2024. Since then, the chain has had a year of record activity without incidents, the longest period in its history without the loss of consensus. Solana’s network has not suffered a problem with its consensus for a perio...

Solana’s on-chain GDP, or the collected fees of all apps, reached a peak in Q4, 2024. The growth was driven by Pump.fun and bots, with traffic flowing into the top DEX. Solana achieved peak on-chain GDP in 2024, based on the fees for its top apps. The chain attracted more activity through meme token...

For the first time, Solana posted better monthly revenue stats than Ethereum. SOL, currently trading at $230, generated a revenue of over $116 million in the past month, compared to Ethereum’s $107 million earnings. Solana generated a revenue of about $59 million in December 2024, which translates t...