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Sol

cryptocurrency November 26, 2024

Solana (SOL) decentralized finance (DeFi) activity has gained significant momentum, with its decentralized exchanges (DEX) surpassing Ethereum (ETH) DEX in monthly trading volume. So far in November, Solana-based DEXes have recorded over $100 billion in trading volume, marking a major milestone for the ecosystem. Advertisements Solana DeFi Ecosystem Gains Momentum, Outshines Ethereum DeFi Solana, the […]

cryptocurrency August 27, 2024

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Advertisements Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has […]

cryptocurrency February 16, 2024

A technical indicator shift has sparked predictions of an imminent altcoin surge, with one analyst on X forecasting gains as sharp as those posted in 2017 and 2021. Advertisements This Technical Indicator Just Shifted To Green Taking to X, the analyst said this optimism follows a change in the Gaussian Channel, a technical indicator used to assess […]

cryptocurrency February 3, 2024

Recent data shows that Solana-based decentralized exchanges (DEXs) have taken Ethereum’s spot in a key metric, creating expectations and positive sentiment for the Solana (SOL) ecosystem. Advertisements Solana DEXs Outperform Ethereum According to data from DeFiLlama, Solana-based decentralized exchanges (DEXs) have flipped Ethereum in daily trading volume. Over the last 24 hours, Solana’s $1.14 billion […]

cryptocurrency January 5, 2024

Solana co-founder Anatoly Yakovenko has expressed confidence that their blockchain can handle the growing demand for decentralized applications (dapps) without needing layer-2 solutions like those employed by Ethereum. Advertisements Solana Doesn’t Need Layer-2 Solutions In a post on X, Yakovenko argued that Solana’s design, which utilizes a hybrid consensus mechanism, enables it to scale efficiently without […]

cryptocurrency December 22, 2023

BitMex founder Arthur Hayes has revealed that he is diverting his interest toward Ethereum (ETH) while disclosing a bold prediction for the crypto asset. Advertisements Arthur Hayes Doubling Down On Ethereum Arthur Hayes recently took to X (formerly Twitter) to share his optimism and prediction about the future of Ethereum, and the post has since […]

cryptocurrency December 21, 2023

Advertisements The SOL/ETH price ratio has been rising since September. The demand for SOL remained steady among daily traders. Solana [SOL] has emerged as a surprise champion in the 2023 altcoin market, outperforming Ethereum [ETH] by a significant margin since early fall. For the first time since 2021, the SOL/ETH price ratio reversed in early […]

cryptocurrency November 8, 2023

Advertisements The Solana to Ethereum ratio returned to its level prior to FTX’s collapse in 2022. Despite the sideways market movement, coin accumulation continued to thrive. The Solana [SOL] to Ethereum [ETH] ratio has rallied steadily since September and has returned to its level prior to the collapse of crypto exchange FTX in November 2022, […]

cryptocurrency November 4, 2023

Advertisements Solana’s recent milestones seem to have created discomfort within the Ethereum clan. While Ethereum L2s thrived with TVL, Solana pointed to its TPS. A few years ago, when Solana [SOL] launched, the Ethereum [ETH] community was thrown into chaos. The obvious reason for the disarray was because Solana, which combines the Proof-of-Stake (PoS) mechanism […]