DeFi Development Corporation, an investment vehicle for DeFi founding father, announced a major Solana investment, purchasing $11.5 million SOL tokens. A recent funding round of $42 million has fired the starting gun on this strategic shift. This investment further underscores the company’s deep conviction about the opportunities within the Solana...
Okay, fam, let's talk. We've all seen the memes: Solana's back, baby! But wait, is it actually back, or is it simply donning its shiny new tuxedo, purchased with someone else’s funds?SOL Strategies (CYFRF), a Canadian firm, has quickly become one of the larger Solana whales. Or, more appropriately, they...
The blockchain universe is dynamic, innovative, and rapidly changing. Among those developments, perhaps the most exciting is the collision between Artificial Intelligence (AI), gaming, and Decentralized Finance (DeFi) on high-performance blockchain networks. Somnia’s testnet is proving to be a rich, fertile environment for this convergence. It’s a testament to the...
Cryptocurrency is a fast-moving space with new investment strategies and players entering the game every day. The crypto community is abuzz with excitement over the recent announcement. SOL Strategies appears to have upped the ante with an enormous $500 million convertible note facility, which would massively increase its SOL holdings....
In a more affirmative case, a Canadian firm—SOL Strategies (CYFRF)—recently raised a nice round half-billion dollars to invest in Solana. On paper, that looks like a huge vote of confidence. The stock price certainly shot up, analysts are salivating, and the Solana believers are likely celebrating with some champagne. Before...
Unlearn all your preconceived notions about blockchain gaming. Seriously. If Somnia’s testnet is a harbinger of things to come, we’re right on the verge of a digital Big Bang. The NFT gaming landscape as we know it is about to change completely!Sub-Second Finality? Game Changer, LiterallyOkay, let's be real. For...
Another Layer 1? Really? We've heard the siren song of "scalability" and "interoperability" before, haven't we? Promises muttered under the breath of projects that ended up leaving us hanging on our own little blockchain archipelagos. Which is why you’ll have to excuse my initial skepticism about Somnia and its forthcoming...
Somnia is a new Layer 1 blockchain purpose-built for real-time consumer applications. All of this is positioning it to attract a huge range of projects to its testnet. With blockchain being their underlying tech, you can definitely say ultra-high performance with 1+ million tps. It reaches sub-second finality, and transaction...
In addition, SOL Strategies has already raised a major USD $500 million convertible note facility with ATW Partners. The funding is exclusively targeted at increasing the developer’s Solana (SOL) assets. Pending approval, SOL Strategies’ stock price immediately began to moon, with the share price rising by more than 23%.At the...
Okay, let's be real. Bitcoin hitting $90K? It indeed sounds a bit like that Distracted Boyfriend meme, huh? We're all supposed to be impressed, but meanwhile, a shiny new project like Qubetics waltzes in with a cool $16 million from its presale, and suddenly, Bitcoin's "serious investor" appeal looks a...
