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, […]
Solana Faces First Outage of the Year; Engineers Deploy Fix as SOL Dips 3%
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. Solana Network Experiences Disruption, Prompting Urgent Upgrade and Reboot Presently grappling […]
Jupiter’s JUP Token Makes a Grand Entry With $700M Airdrop on Solana Blockchain
Jupiter successfully launched its JUP token. The airdrop, one of the largest in crypto history, distributed an astounding $ 700 million worth of JUP tokens to almost a million wallet holders. Jupiter’s JUP Token Airdrop Distributes to Nearly a Million Users The cryptocurrency world witnessed one of the largest token airdrops in its history …
Cloned Assets: An Ideal Tool for Bringing Liquidity to Non-Native Tokens on Solana, Says Evan Deutsch
According to Evan Deutsch, a core contributor and co-inventor of Clone, cloned assets, perpetual contracts, and bridged tokens are two tools that can bring liquid spot markets to non-native assets on Solana. Deutsch, who is better known as Mark to many in the crypto space, cautions that the latter two tools have their drawbacks which […]
Solana Unleashes Token Extensions to Enhance SPL Token Standard
On Wednesday, Solana Labs unveiled the launch of token extensions, marking a noteworthy advancement in the SPL Token standard. The blockchain network’s token extensions aim to provide a suite of solutions for businesses transitioning to distributed ledger technology, emphasizing security, compliance, and ease of use. Solana’s New Token Extensions Set to Boost Blockchain Adoption …