The recent airdrop of JUP, the token of the Solana native Jupiter exchange, was allegedly gamed by an individual who avoided established controls. An unknown airdrop hunter received 1.85 million JUP (almost $ 1 million) using over 9,000 wallets for this task, with some users presuming an insider leaked the airdrop information beforehand. Jupiter …
In Social Media Buzz, Investment Giant Franklin Templeton Commends Ethereum and Solana’s Advances
Based in San Mateo, the prominent investment management firm, Franklin Templeton, has been actively posting about digital assets on social media following the recent approval of its new spot bitcoin exchange-traded fund (ETF). The firm’s U.S. X account now sports a modified logo featuring Benjamin Franklin with laser eyes. This Wednesday, the account prominently recognized […]
Solana’s Rocky Start to 2024 — SOL’s Value Dips Over 6% Amidst Previous Year’s Highs
During the initial week of 2024, the digital currency solana experienced a sharp decline, shedding over 6% in value. This downturn has relegated the crypto asset to the fifth position in market rank, as it oscillates beneath the $ 100 threshold on Saturday, Jan. 6, 2024. 2024 Brings Chill to Solana’s Market Performance After …
Solana’s Dex Platforms Eclipse Ethereum in Weekly Trade Volumes
Recent statistics reveal that in the last week, decentralized exchange (dex) platforms built on Solana have surpassed Ethereum in market performance. Data indicates that Solana-based dex platforms achieved a volume of $ 1.447 billion in the past day, overshadowing the $ 1.282 billion recorded by Ethereum trading platforms. Solana Surges Past Ethereum …
NFT Sales Dip — Bitcoin Dominance and Solana’s Rise Challenge Ethereum’s NFT Authority
In the last week, sales of non-fungible tokens (NFTs) have fallen by 12.26%, totaling $ 463.87 million, marking a decrease from the previous week. NFTs centered around Bitcoin topped the chart, amassing $ 265.61 million in sales, despite a 13.71% decline from the preceding week. Meanwhile, Solana NFTs climbed to the second rank, …