The Solana price has declined by 4.5% in the past 24 hours, retracing its steps back to $104.89 after a strong weekend for the altcoin and wider crypto market. SOL has now risen by 8% in a week and by 12.5% in the last 30 days, with the coin also sitting on a very impressive…
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Solana, the high-speed blockchain platform, is back in the green after a rollercoaster week. Its native token, SOL, triumphantly hit the $105 mark today, defying naysayers and sparking renewed optimism. But is this just a fleeting bounce, or the start of a sustained climb towards $120 before Valentine’s Day? Defi Frenzy Heats Up, Injecting Millions…
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The total value locked (TVL) on the Solana network has crossed $1.8 billion for the first time since 2022, according to data on DeFiLlama. Activity on Solana has been steadily rising since the end of last year, but the blockchain is still way off its all-time high (ATH) of $10.03 billion TVL, set on November…
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Solana-based decentralized exchange (DEX) aggregator Jupiter recently announced the possible launch of three new tokens through its launchpad. The announcement follows the launch of its JUP native token via the LFG launchpad last week. Solana’s Community Holds The Power? After the scheduled closing of the JUP launch pool, Jupiter Exchange and its founder took X…
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Solana is gaining bullish momentum above $100. SOL price is signaling a fresh increase and might rally further toward the $112 level. SOL price started a fresh increase from the $93.20 support against the US Dollar. The price is now trading above $98 and the 100 simple moving average (4 hours). There was a break…
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Solana, the ambitious blockchain ecosystem, showcased its resilience in the face of adversity, experiencing a significant network outage that temporarily impacted its cryptocurrency value. The recent dip in SOL’s price, dropping to $93.36 during the outage, highlighted a challenging moment for the blockchain platform. However, the subsequent rapid recovery, with SOL currently trading at $101.80,…
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On Tuesday, the Solana blockchain experienced a major outage that stopped the network’s mainnet operations for approximately 5 hours. The outage raised concerns about the blockchain’s stability and security as the incident became the 11th of the kind in the last 2 years. Kicking Solana When It’s Down? On February 6, the Solana blockchain network…
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The crypto community has shown remarkable support for Solana Mobile’s upcoming “Chapter 2” smartphone, amassing over 60,000 preorders after its announcement, as the company gears up for a launch in 2025. Solana Mobile’s ‘Chapter 2’ Phone Hits 60K Preorders Ahead of 2025 Launch Solana Mobile’s upcoming “Chapter 2” crypto phone has already garnered 60,000 preorders,…
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The Solana blockchain network is currently experiencing an outage, marking its 11th such incident in the past two years. As of the latest updates, Solana’s mainnet-beta has been non-operational for about two hours, with block progression coming to a standstill. Solana Network Comes To A Standstill The issue was first noticed when Solscan and OKLink,…
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The Solana layer one (L1) blockchain is currently experiencing a service disruption, with the Solana Status website revealing that engineers are actively probing the cause. Validators on mainnet have received instructions to implement an upgrade to version 1.17.20 and to initiate a system reboot. ** Editor’s note: Solana Status notes that block production resumed at…
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