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If all goes to plan, this “Open Door” could boost Marinade’s TVL sevenfold, Marinade developers told CryptoX. They want to drive more users into Marinade’s mSOL token, the so-called “liquid staking derivative” token that accesses the value of depositors’ locked away SOL tokens while they generate yield from securing the
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Solana’s (SOL) recent 250% rally to $25 has shocked many investors in the crypto market. At the same time, traders who had eyes on the negative funding rate for SOL in the futures market could have anticipated the bullish move ahead of others. It’s because excessive negative funding rates, like
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With the crypto market rally, altcoins have benefitted just as much as bitcoin. Digital assets across the space have been able to return to their pre-FTX collapse levels, signaling the start of a bull run. However, as the market begins to settle into this new normal, investors are moving gains
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Place/Date: - January 23rd, 2023 at 5:16 am UTC · 3 min read Source: Snowfall Protocol As innovation continues, we will look to Fetch.ai (FET), Snowfall Protocol (SNW), and Solana (SOL) as three leading cryptos to pay attention to. In this article,
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Solana rose by as much as 20% Saturday, as crypto markets came alive to start the weekend. The token hit a 12-week high in today’s session, breaking out of a key price ceiling in the process. Cardano also rose to its strongest point since November, with the global cryptocurrency market
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Solana (SOL) recovered from the slight pullback yesterday, even when the general crypto market cap dropped today. SOL which has been on an uptrend in the past week saw a 28.44% increase during this time. This increase might be due to combined economic factors and Solana’s growing utility among crypto
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Cosmos raced higher for a second straight session, after recently snapping a four-day losing streak. Friday’s move saw the token move closer to a key resistance level of $12.50. Solana also moved higher earlier in the day, as price bounced from a key support point. Cosmos (ATOM) Cosmos (ATOM), was one
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Two days ago, bankruptcy administrators and FTX debtors published an update for unsecured creditors claiming the discovery of $5.5 billion in liquid assets. Roughly $3.5 billion of these funds are cryptocurrency assets, with 11 different digital currencies classified as “liquid assets.” However, two of the firm’s top cryptocurrency caches are
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Solana is enjoying a positive start to 2023 after spending most of 2022 in decline due to the crypto winter. Also, SOL’s exposure to FTX caused its price to decline rapidly following the FTX saga in November 2022. SOL has also been a beneficiary of the crypto market upturn as it
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Solana started the week trading near a two-month high, as momentum remained marginally bullish, despite market consolidation. The global cryptocurrency market cap is currently trading 0.98% higher as of writing. Shiba inu also traded close to recent highs, despite declines on Monday. Solana (SOL) Solana (SOL) remained near a two-month high
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