According to a revelation from sources with direct knowledge of the matter, the FTX estate has effectively liquidated $1.9 billion by selling off a large portion of solana (SOL), including tokens that were delayed in becoming available because of a vesting schedule. Sources Claiming FTX Offered Millions of Restricted Solana Tokens at a Significant Discount … Read more
The value of SOL has increased dramatically this week, lifting its decentralized exchange (dex) platforms to a new level and catapulting the layer one (L1) blockchain to the top of the 24-hour dex trading volume. In comparison to Ethereum’s dex platforms, which registered $2.03 billion in trade volume during the same period, Solana’s dex platforms … Read more
One of the best proof-of-stake blockchains, Solana, has integrated Filecoin, a decentralized file-saving blockchain system, so that third-party programs can access its block history. By utilizing a decentralized solution like Filecoin, Solana will be able to achieve better redundancy and scalability for a portion of its data collection, according to Filecoin. Filecoin Integration by Solana … Read more