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This week in decentralized finance (DeFi) has been eventful, with Solana nearing Ethereum in transaction fees, regulatory frameworks evolving in the UK, and significant losses due to a hard fork. Here’s a detailed look at these pivotal developments.
12 may 2024
Solana's price dipped by 5% due to ongoing FTX sell-off concerns, with $125 million in short positions at risk if the cryptocurrency rebounds as it has in past fluctuations.
09 may 2024
According to Visa and Allium, an overwhelming majority of stablecoin transactions on networks like Ethereum, Tron, and Solana are automated, driven by smart contracts rather than human actions.
07 may 2024
Coinbase faces allegations of operating as an unregistered broker-dealer, with a lawsuit claiming it sold cryptocurrencies like Solana and NEAR as unregistered securities.
06 may 2024
Amidst a market recovery, Solana and Shiba Inu emerge as significant assets due to unique developments and market dynamics.
05 may 2024
Investment giant Franklin Templeton forecasts Solana’s rise as a major cryptocurrency, citing its potential to capture new waves of crypto adoption.
04 may 2024
The expansion of restaking protocols from Ethereum to Solana, featuring key developments and participants.
04 may 2024
Drip Haus CEO Vibhu Norby sheds light on the critical elements that will guide Solana's growth and stability in the coming months, reflecting on recent challenges and milestones.
03 may 2024
During a recent panel, Solana co-founder Raj Gokal praised Avalanche and Cosmos Hub for their pioneering roles in the development of sovereign blockchains.
02 may 2024
The FTX estate has successfully completed its second tranche of locked Solana token sales, attracting bids around the $100 mark and signaling robust investor interest.
02 may 2024