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Eclipse is Launching the Solana-based Layer2 Project for Polygon

Eclipse is a DeFi development company that specializes in the development of Layer2 blockchain projects. The firm has recently announced the production of a new project that is created for Polygon SVM. According to the statement issued by Eclipse devs, the project is also designed to be compatible with the Solana blockchain. This new project … Read more

SOL Price Recovers as Vitalik Buterin Shows Support for Solana

Solana is a cryptocurrency that was backed by FTX’s former CEO, Sam Bankman Fried. It is among the leading layer 01 blockchain projects, and it has barely managed to survive the FTX collapse incident. However, other major cryptocurrencies like Bitcoin and Ethereum have remained relatively stable. On the other hand, the prices of Solana have … Read more

Solana Faces Financial Damage due to its Connection with FTX

The cascading impact of FTX is not only limited to its user base. The damage has been spread to its closely tied crypto enterprises, such as the Solana network. SBF, which maintained an altruistic image in the cryptocurrency sector, is now connected to dragging all other cryptocurrency enterprises working alongside it into a black hole. … Read more

Solana Targets South Korea to Boost its Demand and Price

As per the latest reports surrounding, a $100 million fund has been formed by the Solana Foundation and Solana Ventures. The purpose of the fund is to provide support for the growth of the major spaces within the cryptocurrency universe. The sources suggest that the funding has been formed keeping in mind it’ll be for … Read more

Solana (SOL) Should Recover Latest Losses to Avoid 35% Crash

The 20 January flash crash had SOL dipping in the demand zone at $115.51 – $144.70. Meanwhile, a recovery beyond $135.71 will see Solana alleviating the bearish picture regardless of the latest fall. A move beneath $115.51 will form a lower low, catalyzing a 35% drop towards $78.76. Solana (SOL) witnessed a crash during the … Read more