Etherscan announces the acquisition of the Solana Blockchain explorer, Solscan.io, to provide insightful and detailed ecosystem analysis. A famous block-exploring platform for the Ethereum blockchain, Etherscan, is expanding its service. Its latest announcement refers to the acquisition of the Solana blockchain explorer – Solscan.io. 📢 We're excited to share that Solscan has now joined Etherscan! […]
Solana, often touted as one of the standout performers in the cryptocurrency market, has experienced a recent decline in its price. Max Keiser, a renowned Bitcoin maximalist, recently tweeted a warning about Solana (SOL) and laughing emoticons, implying that a “rug pull” was happening. Keiser’s warning, delivered with his trademark irony, effectively carries the sentiment […]
Solana (SOL) experienced a robust surge in price and interest lately, sparking concerns about the sustainability of its rally. However, a recent development within the Solana ecosystem may solidify its bullish momentum. On December 22, Paxos made a pivotal move by expanding to Solana and transitioning its stablecoin, USDP, from Ethereum. New York’s Department of […]
Paxos, the leading stablecoin issuer, has received regulatory approval from the New York Department of Financial Services (DFS) to launch its products on the Solana blockchain. Paxos said the approval by the financial regulator marks a significant milestone for the evolution and innovation of the firm’s enterprise and consumer-focused operations, according to the details shared […]
The mega rally in Solana continues as the SOL price rallies another 18%, moving closer to $100 during the early trading hours of Dec. 22. This happened for the first time in over two years. On the monthly chart, Solana’s price gains have now exceeded 75%. It has boosted cryptocurrency to the fourth spot by […]
In the latest report from Messari comparing the fundamentals of Solana and Ethereum, SOL has showcased an impressive resurgence, outpacing its rival by nearly 300% Year-to-Date (YTD). Despite this, Solana’s valuation stands at just a fraction of Ethereum’s, trading at approximately 9 times lower, with a circulating market cap of $31 billion compared to Ethereum’s $267 […]
Ethereum is riding the wave of a storm of backlash. It’s worth against BTC and Solana on Crypto X December 20, at essentially one-twentieth its value going into last year’s holidays. With declines like this, not seen since April 28 of last year, concerns have been voiced in the past about where Ethereum is headed–and […]
Solana, the proof-of-stake (PoS) blockchain established by Solana Labs in 2018, has surpassed the Ethereum (ETH) network in DEX volume for the first time in history. The data from DefiLlama revealed that Solana has experienced an impressive surge of $1.536 billion in 24 hours, while Ethereum has amassed only $1.164 billion. The weekly change in […]
Solana co-founder Anatoly Yakovenko has expressed a new view on Solana vs. Ethereum. He succinctly advocated the crypto community avoid discussing platforms that purport “to kill Ethereum.” Yakovenko further stated that Solana’s victory does not have to be at the expense of Ethereum; rather, they can coexist in harmony and prosper in equal measures. He […]