Ethereum still has the crown for total developer activity, topping the charts across every continent around the world. New developers flocked to the Solana ecosystem this year, overthrowing Ethereum’s eight-year reign as the top ecosystem for new developers. However, Ethereum is still number one globally in total developer activity. According to a Dec. 12 report from Electric…
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SOL price is up today as significant developments within the layer-1 ecosystem led to a rise in Solana network use. Solana price is up today, buoyed by a significant recovery in the broader cryptocurrency market. SOL’s rebound follows Bitcoin’s recovery back above $100,000 as a number of technical and onchain indicators point to further gains for…
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Memecoin mania and a convincing technical setup could send Solana price toward $300 by 2024’s end. Solana is outperforming most of its top-ranking crypto rivals today, driven by reports that David Sacks has been appointed as Donald Trump’s artificial intelligence and cryptocurrency czar. Sacks is pro Solana SOL’s price rallied by up to 5.42% to $247…
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Roadmap headwinds and FUD stalled Ethereum’s price performance in 2024, but there are signs that it may turn a corner in the new year. With Bitcoin hitting new all-time highs and closing in on the psychologically important $100,000 mark, a major topic of conversation is Ether’s underperformance compared with the rest of the market. According…
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Solana’s onchain and derivatives data suggest that SOL could make a run back toward its all-time high in the short term. Solana’s native token, SOL , has surged 8% since falling to $222 on Nov. 26. Despite this recovery, some investors remain skeptical, citing the sharp correction from its all-time high of $263.80 on Nov.…
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Five of the top 10 crypto protocols by fee earnings in the last 24 hours were on Solana. Solana-based apps notched record fees and revenue activity in the last 24 hours amid an apparent return of memecoin mania. According to a Nov. 18 X post from decentralized finance commentator Patrick Scott, who cited DefiLlama data, five out…
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Solana price is up today as a combination of technical and onchain factors paint a bullish outlook for SOL. Solana price is up today, buoyed by a modest recovery in the broader cryptocurrency market. SOL’s rebound follows Bitcoin’s recovery to 2021 record highs as a number of technical and onchain indicators hint at more gains…
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Solana price is up today as liquid staking within the ecosystem hits a new all-time high above $5.7 billion. Solana price is up on Oct. 11, trading above $144 and up 5% over the last 24 hours, recouping all the losses made over the last two days. SOL/USD daily chart. Source: TradingView The upward momentum aligns with…
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The total value locked on Solana surged but is this enough to send SOL price to a new all-time high? Solana’s native token, SOL , has been unable to break above the $150 resistance level since Aug. 12. However, some network metrics have shown strength, including the total deposits in its decentralized applications, which have surged…
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MRGN Research’s Ben Coverston says the Solana-based MEV bot has made an active effort to date to keep a low profile. The infamous maximal extractible value (MEV) sandwich bot known as “arsc” has pocketed around $30 million from Solana users in the last two months through MEV attacks. An MEV sandwich attack occurs when an…
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