Results For: solana
Solana Meme Coin Presales Raise Over $26M, 12 Projects Completely Abandoned
ZachXBT, a crypto sleuth, recently revealed that 12 Solana meme coin projects have collectively raised more than 180,650 SOL (approximately $26.7 million) through presale events. However, he emphasized that the founders abandoned these coins within a month of their launch. Key points: According to the data shared by ZachXBT, the presale that raised the highest …...
Should You Sell Your Solana?
GM! This is Milk Road PRO, lighting up your email inbox each Saturday with a report that helps you invest successfully in crypto. 💰 Today, we're diving into Solana—yup, the blockchain that's been declared more finished than a Thanksgiving turkey. 💀 Maybe you’ve seen those viral charts on X suggesting that 75% of transactions on …...
Solana Developers Release Software Update to Alleviate Network Congestion
The Solana developers have recommended a new software update, version 1.17.31, for general use by mainnet validators. The release, which aims to address the congestion problem that has plagued the popular blockchain in recent months, contains improvements designed to alleviate the ongoing network congestion. Key points: Read more: Hong Kong Approves Spot Bitcoin And Ethereum …...
FTX Bankruptcy Estate Sells Majority of $2.6 Billion Solana Token Hoard
The bankruptcy administrators of the collapsed cryptocurrency exchange FTX have sold approximately two-thirds of a $2.6 billion stash of Solana (SOL) at a heavily discounted price. The deal attracted interest from prominent industry players such as Galaxy Trading and Pantera Capital. According to the details shared by Bloomberg, the deal saw between 25 million and …...
Solana Foundation Weighs In on Racist Meme Coin ControversyÂ
The recent proliferation of meme coins on the Solana blockchain with racist themes and offensive names has ignited a heated debate within the cryptocurrency community. During a panel discussion at the BUIDL Asia summit in Seoul, experts weighed in on the issue. They discussed whether wallet apps, decentralized exchanges, and nodes should take steps to …...
🥛 Solana is heatin’ up 🔥
Today’s edition is brought to you by Phemex – a top 5 crypto exchange boasting exceptionally low fees and trading bots to help you automate profits and effortlessly execute pro trading strategies. Discover effortless trading with Phemex bots. GM. This is Milk Road. The newsletter that gives you the same feeling as hearing the ice …...
🥛 Down goes Solana!
Today’s edition is brought to you by Shardeum – a linearly scalable EVM-based layer 1 blockchain that provides low gas fees forever while maintaining true decentralization and solid security. Scale with them now. GM. This is Milk Road, your daily dose of crypto vitamins (the OG Flintstones ones). Here’s what we got for you today: …...
Solana Restarts After 5 Hours Of Outage, SOL Reacts
The Solana blockchain suffered a major outage recently that prevented transactions and halted block production for nearly five hours before engineers identified and patched a core software issue. Key details on the Solana disruption: The Solana Status X account notified users that engineers were investigating an outage on Solana’s mainnet beta network starting at 10:22 …...
Solana Launches ‘Token Extensions’ to Boost Use Cases
The Solana blockchain has implemented a major upgrade focused on expanding the functionality and compliance capabilities of tokens built on the network. Dubbed “token extensions,” the new features allow developers to hard-code special rules and controls into tokens created on Solana, including: Key Highlights: According to the Solana Foundation, a non-profit supporting the network’s growth, …...
