
May 2nd, 2025
While it is too early to speculate on the long-term success of the device, it is worth noting that it has seen more demand than the Saga.
Solana, like many tokens, saw a price dip in the aftermath of the FTX collapse and the crypto winter but seems to be on the road to recovery.
The partnership is expected to reduce the risk of loss linked to liquidations when trader’s positions are undercollateralized.
The correlation between WIF’s rally and Solana’s positive movement suggests a potential symbiotic relationship, where the success of one influences the other.
While Franklin Templeton expressed enthusiasm for Solana, Ethereum, and Bitcoin, the firm indicated that it is actively monitoring other layer-1 blockchains with massive potential.
While the success of Saga created a speculative frenzy, Solana Mobile faces challenges such as supply constraints and the volatile nature of the crypto market.
Solana Mobile plans to significantly reduce the price to make the smartphone more competitive and affordable compared to Saga.
SUI has demonstrated an impressive surge over the last couple of days, taking the token’s price to a new ATH.
OpenSea NFT marketplace is currently developing a 2.0 upgrade to enable users to seamlessly track digital collectibles from different blockchains.
In addition to the increasing developer activity on the Solana network, SOL has shown signs of recovery after a recent period of struggle.
The frenzy began when the Solana network gained more attention, and the Bonk token rallied for several weeks, leading to its listings on major exchanges such as Binance and Coinbase.
The acquisition of Solscan by Etherscan comes at a time when activities on the Solana ecosystem garnered interest from crypto traders due to the resurgence of meme tokens.
In terms of regional search, Google Trends revealed that countries such as Spain and the Philippines took the lead. People in these nations recorded more users searching for the term Solana than Ethereum.
The recent gains of Ether mean that its price is now up 15% in one month compared to SOL’s 82%.
Thunder Terminal successfully thwarted a $240,000 exploit targeting 114 wallets, ensuring user funds’ security. The incident involved an attacker gaining access to a MongoDB connection URL, executing withdrawals on behalf of users.