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Shrina Kurani, a Democrat running in California’s 42nd Congressional District, will publish 2,022 non-fungible tokens (NFTs) on the Solana blockchain today as part of her election campaign.The NFTs – digital tokens representing “vision and concept statements” and potential Web 3 policy agenda items linked to addresses on the Solana blockchain
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Solana led gains among larger tokens amid a broader jump in global markets. The crypto market has added almost $59 billion in value over the past day following the U.S. Federal Reserve decision to gradually reduce stimulus benefits and taper purchases of government bonds after inflation climbed to a 39-year
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“Gaming and interactive media would not be a cornerstone of blockchain today if it weren’t for the many technical developments the community has accomplished in the past decade,” Pierre Planche, partner at Griffin Gaming Partners, said in a press release. “Solana is a premier example, having helped pave the way
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Fractal says it’s starting with Solana NFTs because the blockchain’s low costs and high transaction speeds are attractive to game companies looking to sell a high volume of assets, according to a blog post. The company plans to integrate other blockchains in the future, a representative told CryptoX. Source
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Solana has been taking market share out of Ethereum across several sectors. The platform has seen the expansion of its NFT based projects with SolChicks, one of its latest on-chain games with a play-to-earn (P2E) model, causing a lot of hype amongst the users. Related Reading | Grayscale Launches Solana Trust
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Solana — whose native crypto, SOL, is the fifth-largest cryptocurrency by market capitalization — is leading on-chain development charts despite a recent distributed denial-of-service (DDoS) attack.As per Santiment data, Solana surpassed the daily GitHub submission rates of Polkadot and Cardano to become the leading blockchain over the past month. The
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Opera, which has emphasized Web 3 readiness since 2018, said in a press release that it will be “the first browser” to support Solana-based decentralized applications. Browser plugin Phantom, a closed-source platform, currently dominates that space. Original Source
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Meanwhile, fundamentals remain strong for large-cap cryptocurrencies like polkadot and terra. Polkadot’s much-awaited ‘parachain’ feature went live last month, allowing investors and the community to lock up DOT tokens in an auction for other blockchains, that build atop the main Polkadot blockchain. In return investors, receive the native tokens of
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Solana’s blockchain performance was reportedly hit by a distributed denial-of-service (DDoS) attack over the past 24 hours. However, the network appears to have remained online throughout.A DDoS attack generally refers to a large number of coordinated devices, or a botnet, overwhelming a network with fake traffic to take it offline.
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Those tensions were on display midday after validators, peeved by slowdowns to Solana’s claimed Nasdaq-like speed, joined an impromptu roundtable. The problem was simple: a network that usually processes over 2,000 transactions per second was stumbling along at speeds below 500. (Ethereum processes around 15 per second.) Source
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