Tag: solana

  • Google Sounds Alarm: North Korean Hackers Target Solana and European Crypto Projects

    Google Sounds Alarm: North Korean Hackers Target Solana and European Crypto Projects

    A fresh Google Cloud report has revealed a disturbing rise in North Korean cyber activity targeting European blockchain projects, particularly those built on the Solana network. Hackers, posing as IT professionals, are infiltrating companies, stealing sensitive data, and using advanced coding skills to manipulate crypto ecosystems—all to fund the DPRK regime. North Korean Hackers Shift…

  • Crypto Market Suffers $659 Billion Loss: Ethereum and Solana Lead Decline

    Crypto Market Suffers $659 Billion Loss: Ethereum and Solana Lead Decline

    The crypto market has experienced a significant downturn, with the top five cryptocurrencies shedding $659 billion since their 2025 peak, according to a detailed analysis by Cryptoquant. Here’s a closer look at how major digital assets have performed in this challenging market environment. Ethereum and Solana Bear the Brunt Ethereum (ETH) and Solana (SOL) have…

  • Solana’s Revenue Drops 80% in March Despite Stable Price

    Solana’s Revenue Drops 80% in March Despite Stable Price

    Solana (SOL), a blockchain known for its high-speed transactions and low fees, faced a significant blow in March 2025 with an 80% drop in monthly revenue. Key usage metrics also fell sharply, signalling a slowdown in ecosystem activity—even as the SOL price held relatively steady. DApp Activity Plummets The sharp decline in revenue is largely…

  • Solana’s Early Bull Market Signals Potential 65% Gains by April

    Solana’s Early Bull Market Signals Potential 65% Gains by April

    A resurgence in the memecoin sector and the launch of a new decentralised exchange (DEX) are fuelling a bullish outlook for Solana (SOL), with analysts predicting significant price gains in the coming weeks. Technical Indicators Suggest Strong Upside As of 26 March, Solana’s price has entered a breakout phase following the confirmation of a falling…

  • Solana Co-Founder Opposes US Crypto Reserve Amid Trump’s Strategic Plans

    Solana Co-Founder Opposes US Crypto Reserve Amid Trump’s Strategic Plans

    Solana co-founder Anatoly Yakovenko has voiced his opposition to a US national crypto reserve, warning that government control could pose risks to decentralisation. His remarks come as former crypto exchange Mt. Gox moves 12,000 Bitcoin during a market downturn, and US President Donald Trump prepares to announce details of a strategic Bitcoin reserve. Yakovenko Criticises…

  • Crypto Market Plummets as Trump’s Tariffs Trigger Global Sell-Off

    Crypto Market Plummets as Trump’s Tariffs Trigger Global Sell-Off

    The cryptocurrency market took a severe hit, shedding $300 billion in value after Donald Trump’s new tariffs on China, Mexico, and Canada spooked investors. Bitcoin (BTC) tumbled nearly 10%, while major altcoins like Ethereum (ETH), Solana (SOL), and XRP saw double-digit losses. The sharp downturn erased gains from Monday’s rally, which was fueled by optimism…

  • Trump’s U.S. Crypto Reserve Snubs Bitcoin and Ethereum

    Trump’s U.S. Crypto Reserve Snubs Bitcoin and Ethereum

    Former U.S. President Donald Trump has announced the inclusion of XRP, Solana (SOL), and Cardano (ADA) in a proposed U.S. strategic crypto reserve. The move, revealed on his social media platform Truth Social, aims to establish the United States as a global crypto leader. Bitcoin and Ethereum Left Out In a surprising twist, Bitcoin (BTC)…

  • Solana Faces Major TVL Drop as SOL Price Risks Further Decline

    Solana Faces Major TVL Drop as SOL Price Risks Further Decline

    Solana’s TVL Falls $5 Billion in 30 Days The Solana blockchain has seen a significant decline in total value locked (TVL), plunging by 39.2% in the past month. This marks the largest monthly drop since November 2022, when the collapse of the FTX exchange sent shockwaves through the crypto market. Solana’s TVL, which peaked at…

  • Solana Sees 40% Decline in User Activity as Memecoin Scams Erode Trust

    Solana Sees 40% Decline in User Activity as Memecoin Scams Erode Trust

    Capital Outflows Shift to Ethereum and Arbitrum Solana has experienced a significant decline in user activity, with a 40% drop in active addresses amid increasing scams and rug pulls in its memecoin sector. The resulting loss of confidence is driving capital outflows to competing blockchains such as Ethereum and Arbitrum. However, analysts suggest that this…

  • Why Is Solana (SOL) Price Falling Today?

    Why Is Solana (SOL) Price Falling Today?

    SOL Price Declines Amid Growing Concerns Over Network Activity Solana (SOL) is one of the worst-performing cryptocurrencies in the past 24 hours, dropping by 6.80% to $180.80 on 17 February. This decline comes as the broader crypto market experiences losses of 1.72%, with various factors contributing to Solana’s underperformance. Key reasons behind SOL’s price drop…