Tag: Solana

Solana Labs, the developer team behind the Solana blockchain, announced Solana Pay, a new point-of-sale (POS) payment product that lets merchants accept crypto payments with near-instant finality and affordable fees. The payment solution is billed to be a game-changer that will help merchants interact directly with their customers by rewarding customer loyalty in a unique…

DeFi Technologies subsidiary has been given the green light by the Boerse Frankfurt Zertifikate AG to list an exchange-traded product (ETP) that tracks the price of Solana cryptocurrency (SOL). The ETP provides traditional investors exposure to the crypto within a regulated and “fully backed” environment. According to a Monday press release, Valour’s Solana ETP began…

OpenSea, the leading NFT marketplace, is reportedly preparing to feature NFTs on the Solana (SOL) blockchain soon. With NFTs hosting over $17.5 billion cumulatively, the addition of Solana-based NFTs to Opensea might explode it furthermore. Screenshots shared by Jane Manchun Wong, a prolific hacker who has leaked several yet-to-launch features of tech platforms, indicate this,…

Solana announced the launch of the Wormhole Network, an Ethereum – Solana cross-chain bridge, which enables the transfer of digital assets between ERC-20 and SPL blockchains. The announcement notes that Saber, the Solana-based protocol with more than $4 billion total-value locked (TVL), will support migration from Wormhole V1.0 to V2.0. While the TVL of the…

Ethereum has some competition. What you need to know about the skyrocketing cryptocurrency writes Stan Schroeder on Mashable. Solana, a cryptocurrency that launched to relatively little fanfare in April 2020, has recently been on a tear. Its price rose from roughly $1.50 in January 2021 to more than $208 at writing time, making it the…

SOL token of smart contract platform Solana continued its unflagging surge higher in the market on Thursday, as it topped XRP as the 6th most valuable cryptoasset. The altcoin market has seemingly brushed off Monday’s heavy sell-off and continues to forge higher with a range of in-vogue coins printing double-digit percentage gains and some fresh…