In both the weekly and daily time periods, Solana (SOL) has formed bullish patterns. If the patterns hold, a significant bullish reversal might occur.
The statement came during the high-profile and long-awaited minting that has captivated the Solana NFT community.
Even though Ethereum developers stated there will be no downtime, FTX decided to halt 'deposits and withdrawals until the Merge is concluded and networks are stable.'
Whitelisted accounts for the Solana-based project will have to wait another day to get their hands on the buzzy NFT collection.
According to Helium core developers, switching to Solana would increase network scalability and result in 'substantial economies of scale' for the network.
According to a blog post from blockchain analysis firm Chainalysis that came out on Tuesday, cryptocurrency hacks caused losses of $1.9 billion in the first seven months of the year. This was caused by a rise in funds stolen from decentralized finance (DeFi) protocols.
We were already aware that cryptocurrency developers are not always reliable. But are the data even reliable?
Tax experts say that Australian, Canadian, and U.K. crypto investors may be able to claim hacked crypto as a tax loss, but U.S. investors won't be able to do so.
Magic Eden, an NFT marketplace, said that it 'seems to be a widespread SOL exploit at play' and asked Phantom wallet users to remove permissions for any suspicious links.
The price of SOL is still being hampered by its Bitcoin correlation, macro risks, and Solana's downtimes.