Solana TVL hits record highs as SOL ETFs defy bearish sentiment with three straight weeks of inflows

Advertisement &nbsp &nbsp Solana (SOL) is down 35% in the past week, but network statistics suggest that if demand returns, a huge recovery could follow. On-chain data shows that Total Value Locked (TVL) has surged to record highs, while SOL spot exchange-traded funds (ETFs) have recorded three straight weeks of inflows despite bearish sentiment in […]

The world’s largest e-commerce company Alibaba demonstrates powerful Solana RPCs

Advertisement &nbsp &nbsp Alibaba, the world’s largest Business-to-Business (B2B) e-commerce player, recently unveiled Solana-based Remote Procedure Calls (RPCs) to enhance its infrastructure. This move is an interesting development considering the company is based in mainland China, where Solana, along with other cryptocurrencies, has been completely banned for the past five years. The feature was announced […]

Hoskinson sends Cardano community into a frenzy with cryptic post promising it will be a good day

Advertisement &nbsp &nbsp Cardano founder Charles Hoskinson sent ADA enthusiasts into a tailspin with a Sunday post on the X platform. Since reaching an all-time high of $3.09 in September 2021, ADA has experienced a significant decline of over 86%, entering a consolidation phase in recent weeks amid the absence of bullish catalysts. Market sentiment […]

Solana is rebounding strongly as massive ETF inflows strengthen the $128 support zone

Solana (SOL) is staging an impressive comeback as renewed institutional demand supports the network’s key support levels. Related reading The latest surge in investor interest, led by record inflows into Bitwise’s Solana ETF, has helped the assets stabilize after weeks of market turbulence, providing new optimism for a possible trend reversal. SOL’s price trends to […]

Founder of Solana praises Cardano’s design after recovery from chain split

Advertisement &nbsp &nbsp Cardano’s approach to chain splitting has drawn admiration from key ecosystem players, who praise its resilience in the face of bugs. Solana co-founder Anatoly Yakovenko praised Cardano’s design, but despite its quick recovery, several critics have criticized the network for low user metrics. Anatoly Yakovenko applauds Cardano’s design Solana co-founder Anatoly Yakovenko […]