Binance, one of the world’s largest cryptocurrency exchanges, has obligatory standards for each coin or token listed on its platform. The exchange also clarified that it would delist a coin or token from its platform if it no longer meets these standards or if the market conditions change in a way that could pose a…
In recent trading sessions, both Bitcoin and Ethereum have demonstrated somewhat similar trends. This is because just like Bitcoin, the price of Ethereum has recorded a consolidation. ETH Price has consolidated The data shows that in the recent trading sessions, the trading price of ETH has consolidated. The price of ETH had been surging higher…
Things seem to be getting worse for the so-called ‘Ethereum Killer’, as data from CoinGecko showed that Solana lost another 17% within a 24-hour duration, extending previous declines. Due to these continuous declines, the coin of the layer-1 blockchain platform has dropped out of the top 20 crypto in the market according to their market…
Global Crypto Economy Shrinkage Up To $1.5 Trillion About a year ago now, the crypto economy could easily be evaluated at a whooping value of $2.334 Trillion. However, from 20th December 2021 till 20th December 2022, the economy lost roughly $1.5 Trillion. Today, the global crypto economy is resting at a value which is less…
5% Decrease In NFT Sales Volume Past Week As per data from cryptoslam.io, approximately $112.70 Million worth of Non-Fungible Tokens’ (NFTs) sales were carried out in the past 7 days. The data further indicates that last week’s NFT sales volume dropped significantly by 5.23%. However, as regards NFT transactions, the data notes that there has…
The crypto market continues its downward journey, and experts believe enthusiasts should watch cryptocurrency exchange Genesis, which might be seeking additional funding. Bitcoin and Ethereum extend their downside trip, with market participants worried that more cryptocurrency exchanges might follow FTX’s steps. The leading digital coin, Bitcoin, lost approximately 6.6% in the last 24 hours to…
The sudden collapse of FTX cast doubt among exchange users over their fund’s security held in custodial wallets. The revelation by Bahamas authorities of FTX Group filing for bankruptcy last week caused a widespread shockwave across the virtual assets market. The aftershocks of the sudden implosion of a key player in the global crypto assets…
Cryptos exposed to Alameda Research, FTX, and Sam Bankman-Fried seem to have suffered the most. Solana witnessed its total value locked plunging by 32.4% within the past day. That came as the news of FTX callable sent a shockwave in the entire cryptocurrency market. DeFiLlama shows SOL’s TVL dropped to $423.68 million, reflecting a 32.4%…
The latest Santiment data indicated that Polkadot ranked above ETH and SOL as the platform with the most development activity within the last seven days. While Solana and Ethereum’s development activity totaled 67.21 and 78.79, respectively, over the previous week, Polkadot had the same metric at 3124.14 in that timeframe. Moreover, Polkadot had 1,400 monthly…
Amid the current crypto bear market, overall NFT sales volume remained flat in September, but individual NFT sales are keeping pace. For instance, Solana NFTs are gaining momentum while high-value NFTs on Ethereum are still selling. In September, the NFT market recorded sales worth over $947 million, according to DappRadar. That compares to $925 million…
Solana is among the multiple blockchains that have concentration carbon neutrality. That remains a vital consideration as climate change gains more attention. Unsurprisingly, the latest energy consumption report showed an increased carbon footprint. It increased by 26% year-on-year between March 2021 and March 2022. The result remained against the platform’s plans for reduced lower carbon…
Solana’s governance coin SOL recorded lucrative uptrends recently, with its price soaring by more than 10% over the past seven days. The price upswing gave investors hope for lucrative days ahead. Though the alternative token has recorded multiple optimistic developments within the community within the last few days, the sustainability of the ongoing hike remains…
At the start of June, the crypto market was bullish. Unfortunately, as of the 2nd of June, prices have dropped. Solana is not left out. Last week, the altcoin was down due to an outage in the blockchain. Consequently, this affected its trading price. The currency received much attention on the 27th of May after…
The support for Solana (SOL) seems to have increased in the past 24-hours by the investors. This is the reason why Solana has observed an 8.32% rally in the past 24-hours. The 24-hour period is not the only time the investors have displayed their buying power. The investors have continued displaying their buying power even…
Top cryptos in the financial space appear on a violent move this weekend. However, not all cryptocurrencies move in a similar direction. Let us dig deep. What Happened? If you have not checked your cryptocurrency in the past 48 hours, a lot may be waiting for you. The crypto space is in turbulence at the…
