By comparison, ether has fallen about 20% and bitcoin 19%. “In the current crypto shakeout, the most unfortunate innocent victim is the Solana ecosystem,” said Stefan Rust, CEO of blockchain wallet …
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Solana Plummets More Than 41% Over The Week Amid FTX Collapse
Solana emerged as the week’s worst-performing crypto asset as one of the project’s early backers FTX went insolvent.
What is SOL? Everything You Need to Know about Solana
What Makes Solana Unique? Originally launched in 2020, Solana is a layer-1 blockchain that focuses on scalability, speed, cost minimization, and energy-efficiency. Solana’s innovative infrastructure …
Solana Blockchain Hit by FTX Tremors as Nearly $800M SOL Tokens Set to Be Unstaked
The epic comedown of Sam Bankman-Fried’s FTX crypto exchange and Alameda Research trading firm is making waves in the market for the Solana blockchain’s SOL token – to the point where some …
Solana’s co-founder addresses the blockchain’s reliability at Breakpoint
Solana co-founder Anatoly Yakovenko says the past year has been mired by the network’s reliability issues and outages, but recent updates will help the blockchain resolve its reliability issues.
FTX fall-out: Solana price plummets as tens of millions stranded on failed exchange
The Solana Foundation has tens of millions of dollars in cryptocurrencies stranded on the beleaguered FTX exchange and in the past week the value of its sol token has plummeted by over 50%. On Monday,…