Solana News

Solana News

Markets

‘It’s So Early’: How Solana Is Competing With Ethereum for Institutional Interest

Solana has a reputation as a memecoin hub, but financial institutions are looking to build on the network.

Solana's offices in New York City (Danny Nelson)

Markets

Bitcoin Price Crushing Altcoins Heading Into U.S. Election. Is There an Alt Rally Coming After?

Altcoins have lagged throughout the year amid regulatory uncertainty, and hence, K33 Research analysts said they are "more sensitive" to the election results.

BTC, SOL, ETH and CD20 price performance over the past week (CoinDesk Indices)

Markets

Long Bitcoin Short Solana Preferred Tactical Trade Heading Into U.S. Election: 10X Research

Daily transaction fees on Solana have cooled significantly from record highs reached last month, providing bearish cues to the SOL token.

A person looking at multiple trading screens. (sergeitokmakov/Pixabay)

Tech

Ellipsis Labs Raises $21M to Launch 'Verifiable Finance Blockchain' Atlas

Ellipsis is best known as the builder of Phoenix, the popular orderbook-style exchange on Solana.

Scattered pile of $1 bills (Gerd Altmann/Pixabay)

Advertisement

Finance

Solana-Based RWA Platform AgriDex Taps Stripe's Bridge to Lower Cost for Agricultural Trade Settlements

AgriDex is an example of how stablecoins are being increasingly used as a payment vehicle in emerging regions as a cheaper alternative for traditional banking rails.

Agriculture (Pete Linforth/Pixabay)

Tech

Astria, Project to Decentralize Crucial Blockchain 'Sequencers,' Goes Live With Main Network

Astria's sequencing layer could be used like a modular plug-in for other networks, as an alternative to a centralized sequencer – sometimes seen as a bottleneck, or a single point of failure, or potentially a vector of transaction censorship.

Astria component diagram, from the project documentation (Astria)

Markets

Bitcoin Climbs 3% to Retake $68K With Solana Outperforming, Ether Showing Relative Weakness

Bitcoin Cash and Uniswap led CoinDesk 20 gains, each rising more than 5%.

Bitcoin price action (CoinDesk)

Videos

Solana Outperforming Amid Memecoin Frenzy

Solana's SOL has been on a tear, leading gains among the crypto market this week amid a speculative memecoin frenzy that is driving up token prices and blockchain activity. The latest trend of artificial intelligence agents pumping memecoins is also predominantly based on the Solana network. CoinDesk's Christine Lee presents the "Chart of the Day."

Recent Videos

Advertisement

Markets

Solana Looks Overbought Against Ethereum; Bitcoin-Gold Ratio Stuck in a Downtrend

The SOL/ETH pair trading on Binance looks overbought after four-month winning trend.

The RSI shows overbought conditions. (TradingView/CoinDesk)

Markets

Bitcoin Trader Warns of Correction as BTC Dominance Reaches 2021 Levels; Solana Leads Market Gains

Dominance refers to the ratio between the market capitalization of BTC to the total market capitalization of all cryptocurrencies combined and is often used as a gauge for market sentiment. PLUS: Some Solana tokens are up as much as 70%.

16:9 Market decline (Mediamodifier/Pixabay)