According to Evan Deutsch, a core contributor and co-inventor of Clone, cloned assets, perpetual contracts, and bridged tokens are two tools that can bring liquid spot markets to non-native assets on Solana. Deutsch, who is better known as Mark to many in the crypto space, cautions that the latter two tools have their drawbacks which…
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In a recent report released by Mandiant, a threat intelligence and cybersecurity company, alarming details have emerged about the widespread exploitation of Solana users through a campaign known as CLINKSINK. The report sheds light on the nature of these drainer campaigns, which have resulted in the loss of nearly $1 million worth of SOL tokens.…
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With the recent approval of Bitcoin exchange-traded funds (ETFs) injecting new inflows and igniting a sense of bullish sentiment in the market, Solana (SOL) is emerging as one of the top gainers in the past 24 hours. The cryptocurrency has experienced a 4.5% surge, trading at $99, aiming to reclaim the significant $100 milestone lost…
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Solana (SOL), the fifth largest cryptocurrency by market capitalization, has experienced a significant surge after undergoing a correction from its 20-month high of $125, reached on December 25. Following a dip to the $85 level on Monday, January 8, SOL reclaimed the $100 level again, demonstrating a 6.4% surge in the past 24 hours. Moreover,…
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As the price of Solana (SOL) has skyrocketed by an astounding 722% year-to-date, the network’s rapid growth has attracted both attention and challenges. Not only has the native token gained significant value, but the use of Solana-based meme coins such as Bonk Inu (BONK), which has grown over 854% year-to-date, and decentralized applications (dApps) have…
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In the ever-evolving landscape of cryptocurrency, Solana has emerged as a prominent player, and within its ecosystem, meme coins are creating a buzz in the crypto community. Meme coin trading, with its inherent thrill of pump-and-dump scenarios, has gained momentum on Solana, driven by a surge in liquidity and recent airdrops that have propelled SOL…
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Since October 2023, Solana (SOL), often called the Ethereum killer, has seen significant network and price action growth. However, everything points out that the most notable growth in recent months has been in SOL’s price, which has surged over 368% year-to-date, taking the token from a low of $7.95 in 2022 to a now staggering…
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Solana (SOL) has emerged as a prominent player in the dynamic world of cryptocurrency, showcasing a remarkable uptrend and delivering substantial gains. Despite a modest 3.6% correction in SOL price over the past 24 hours, the native token of the blockchain platform has recorded a significant increase of 43% over the past fourteen-day period. However,…
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Solana (SOL) has garnered significant attention in the cryptocurrency market, surpassing its peers with an impressive 79% upward trend over the past 30 days. As its price continues to soar, inquiries have arisen regarding the reaction of the Solana ecosystem to this surge. About this subject, the Jarvis Labs team has offered intriguing insights into…
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Solana (SOL), a layer 1 proof-of-stake blockchain, has introduced version 1.16, which enhances user privacy through “Confidential Transfers.” This update includes encrypted Solana Program Library (SPL) token transactions, ensuring confidentiality rather than anonymity. The adoption of version 1.16 by Solana’s network of validators has reached a majority after ten months of development and an audit…
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