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The burgeoning popularity of nonfungible tokens (NFTs) has led to issues like exorbitant transaction fees and congestion in the prevalent Ethereum-based ecosystem. The fee factor serves as a major deterrent to anyone wanting to execute transactions on the blockchain.A report published by Reuters revealed that the NFT sales volume was
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Solana's (SOL) price dropped on June 3, bringing its net paper losses down to 85% seven months after topping out above $260.SOL price fell by more than 6.5% intraday to $35.68, after failing to rebound with conviction from 10-month lows. Now sitting on a historically significant support level, the SOL/USD
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Solana is on a downtrend currently, price of the altcoin has slid below the vital support line of $40. This downslide comes in the middle of a network outage, yet again! A software glitch was responsible for causing an outage that lasted over 4 hours. Solana had also experienced another major
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Solana's decline after announcing its network outage Solana, after being plunged with network issues, nosedived by 12%. The network, which was once hailed as one of the fastest blockchains and a challenger to Ethereum, was down on June 1 due to network challenges. This is the second time in the month's space that
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The first non-EVM chain supported by Chainlink will offer seven price feeds for the Solana DeFi ecosystem. Source
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In an announcement published by Alchemy just one day after the Solana network temporarily halted on June 1, the Web3 development platform and infrastructure provider announced its support for the controversial blockchain.Caused by a bug that made it impossible to reach network consensus, the Solana blockchain was halted for approximately
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Blockchain oracle platform Chainlink has announced the launch of its price feeds on the Solana blockchain. The integration allows decentralized finance (DeFi) developers to use the feeds within their decentralized applications (DApps). In an announcement sent to Cryptox, the blockchain oracle platform notes that upon launch, seven price feeds will be available
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As Polygon Courts Terra Developers, It Takes Shots at Solana Source
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Popular Web 3 products, such as OpenSea, Aave and 0x, were developed through Alchemy. Product manager Michael Garland told CryptoX that Alchemy is excited to cater to the “existing, thriving, very passionate ecosystem of developers that have grown up natively on Solana.” Source
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