A credit facility worth $ 25 million CAD has been obtained by Sol Strategies to purchase Solana tokens. Sol Strategies Goes Big on Solana Sol Strategies Inc., a Canadian holding company that invests in the Solana ecosystem announced that it has received a $ 25 million CAD unsecured, revolving demand credit facility to …
Solana was one of the networks that experienced explosive growth in 2024, both in technical and economic aspects. In December, Solana registered $ 304 million in inflows from other blockchains, only bested by Base and Hyperliquid. On the technical front, Solana passed its first block increase, which, although symbolic, signaled the willingness to make …
Solaxy ($ SOLX) has raised over $ 7 million in its newly launched token presale, showing strong appeal among crypto traders. The project is building the first Solana layer 2 blockchain, amending the network’s pressing congestion issue. At the heart of the operation is $ SOLX, Solaxy’s native token used to transfer …
Slinky, a blockchain project that uses ZK compression, has launched an airdrop to distribute 10% of its total supply to 27.7 million wallets on Solana. The project utilizes ZK-compressed token accounts, a storage mechanism that allows launching a massive airdrop and keeps costs low. Slinky explained that by employing traditional methods, such an operation would […]
Stephen Akridge, a co-founder of blockchain platform Solana, faces a lawsuit from his ex-wife, Elisa Rossi, alleging he misappropriated millions in solana (SOL) token profits. Rossi claims Akridge exploited his advanced crypto knowledge to secretly collect her staking rewards. The lawsuit, filed in San Francisco Superior Court, seeks damages for fraud, unjust enrichment, and breach […]