Solana’s Cypher Protocol Dev Confesses Stealing $300K

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The Solana-based Cypher Protocol is again in the negative spotlight after one of its core developers admitted to stealing and losing over $300,000 of users’ funds. Another of the project’s developers first unveiled the news and also alerted law enforcement. Solana-Based Protocol Faces Inside Job On Monday, Cobra, one of Cypher Protocol’s developers, revealed that […]

Solana Price Prediction – Could Solana Regain Bullish Momentum And Push To $200?

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Solana has seen its price struggling to return to bullish levels for the past month. Solana previously reached $208 on March 18 after a strong price uptick spanning over five months. However, this cross over $200 was very brief as Solana dipped to $167 before reversing and reaching $203 again on April 1. Again, this […]

How These Solana Meme Coin Traders Turned $6,400 Into $8 Million In 24 Hours |

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Despite the current market downtrend, crypto traders are still finding ways to make life-changing gains. This is the case of some Solana meme coin traders who recently turned $6,400 into $8 million in 24 hours.  On-chain analytics platform Lookonchain revealed in an X (formerly Twitter) that these traders turned $6,400 into $8 million by investing […]

Solana Devs Set Sights On April 15 To Fix Network Congestion

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Solana developers are gearing up for a crucial update scheduled for April 15 aimed at resolving the pressing issue of network congestion. This move comes in the wake of transaction failures skyrocketing due to an “implementation bug” as elucidated by Mert Mumtaz, CEO of Helius Labs. Helius Labs is at the forefront of providing backend […]

Solana Faces ‘Existential Moment’: Co-Founder Speaks Out

Anatoly Yakovenko, SOL, SOL price, solana, Solana Congestion, Solana memecoins, Solana news, Solana price

The Solana network has been experiencing unprecedented levels of congestion, leading to a record failure rate of transactions. According to data from Dune Analytics, on April 4, more than three-quarters of all “non-vote” transactions on Solana failed. This surge in failed transactions coincides with a significant increase in network activity, driven largely by the recent […]

Is Your Crypto Safe? Trezor Addresses Concerns Over X Hack

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On March 19, Trezor’s X suffered a security breach that exposed the account’s 200,000 followers to a fake crypto presale. After the alarms were raised, most crypto users stayed vigilant while the hardware wallet company regained control. Trezor’s team recently published a preliminary report addressing the concerns. The post also explained the elaborate phishing scam […]

Solana Meme Coin Trader Turns $1,800 Into $11 Million, Here’s How |

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Cryptocurrencies (especially meme coins) have been known to turn many into overnight millionaires in the past. This has happened again as a crypto trader was recently reported to have made $11 million from a single trade.  On-chain analytics platform Lookonchain revealed in an X (formerly Twitter) post how a trader bought 5.1 million Dogwifhat (WIF) […]

Cardano Founder Throws Shade At Solana In Response To SOL Vs. ADA Price Comparison |

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A recent comparison was made between Solana (SOL) and Cardano (ADA). In response, Cardano’s founder, Charles Hoskinson, used the opportunity to throw what seemed like a subtle jab at the Solana network.  Cardano Founder Thinks Solana Has No Real Network Value? The comparison was drawn when an X (formerly Twitter) user (known as Jeremy) stated […]

Solana Price Surges To 2-Year High After Recommendation From FTX’s Sam Bankman-Fried |

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Solana (SOL) is currently riding a wave of its own, rallying significantly in the last 24 hours to a 22-month high. Interestingly, there is reason to believe that FTX’s former CEO, Sam Bankman-Fried (SBF), might have contributed to this bullish momentum.  Solana Rises To As High As $136 Data from CoinMarketCap shows that SOL rose […]

Crypto Analyst Sounds Solana Buy Alarm – Can SOL Price Reclaim $110? |

Ali Martinez, SOL, SOL price, solana, Solana price, SOLUSDT

Since the start of 2024, the Solana (SOL) price has not quite been able to replicate the strength with which it moved last December. While Bitcoin and most altcoins have turned in a positive performance in the past few weeks, the movement of the SOL token has been largely underwhelming and, at best, sideways. However, […]

Solana Feeds On Outage FUD To Rocket Back Above $100

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Solana has now recovered back above $100 after the FUD due to the outage earlier, leading to a bottom formation for the cryptocurrency. Solana Social Dominance Spiked Earlier As FUD Rose In Market According to data from the on-chain analytics firm Santiment, Solana’s Social Dominance observed a sharp spike just earlier. The “Social Dominance” is […]

Breaking Down Solana’s Outage: What Went Wrong Yesterday?

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On Tuesday, the Solana blockchain encountered a significant setback, experiencing an outage that halted block production for four hours and 46 minutes. This interruption in service is not the first for Solana, a network celebrated for its high throughput and speed, but also scrutinized for its operational stability. Validators were compelled to initiate a restart […]