The allure of Solana is undeniable. Speed, absurdly low fees – it’s the blockchain equivalent of a Ferrari. Strapping on a Ferrari engine to an old crumbling bridge doesn’t suddenly make the trip safer, right? 1inch's foray into Solana, while seemingly a strategic masterstroke to capture market share, presents a...
1inch Network has launched officially on Solana, deploying its Fusion protocol to the Solana blockchain for the first time. This integration will connect Solana to 1inch’s crosschain swap ecosystem, which already supports over 10 different blockchains and is continuing to expand. On September 12, 2024, 1inch announced the coming of...
Solaxy, an upcoming layer-2 project on Solana has taken the crypto market by storm. It went on to raise a successful $32 million in presale funding! The goal of the project is to alleviate some of Solana’s most consistent bottlenecks, while offloading increased transactions onto an off-chain, trust-minimized system. This...
$32 million. That’s a headline grabber in any market, much less the competitive and speculative meme coin space. Solaxy's presale numbers are undeniably impressive, especially considering the... let's just say colorful history of Solana-based meme coins. We need to slow down the hype train. Are we seeing the emergence of...
Solana has made a name for itself with its speed and low transaction costs, but it's faced challenges with congestion during peak usage. One new project, Solaxy ($SOLX), is making big moves to address these issues directly. It is on a mission to prove itself as the top Layer-2 scaling...
Alright, let's get real. I know, you know, everyone knows: the crypto space is littered with meme coins that promised the moon and delivered… well, nothing but rug pulls and empty wallets. We know what you’re thinking — you’ve got to be kidding, yet another one right? I get it....
Alright, let's be honest. The crypto world loves a good pump. And a 60% surge? That's enough to get even the most jaded degen's head turning. Solayer? Will it be the project to bring Solana’s beleaguered meme coin ecosystem out of the depths? Or will it only take us a...
Solaxy, the first Layer 2 solution on Solana, recently raised over $32 million. This funding will significantly improve the network’s chronic congestion and scalability problems. Solaxy is utilizing Layer 2 technology to increase the efficiency of transactions and reduce congestion. We believe that this new initiative will help release creative...
Solana, celebrated for its warp-speed capabilities and penny-red transaction fees, has had its struggles with network congestion. Enter Solaxy — a new Layer-2 scaling solution designed to address these very concerns and help Solana realize its full potential. With a presale that raised more than $32 million, there’s a lot...
The crypto world is buzzing about Solaxy. Thirty-two million dollars in a presale is impressive to say the least. Investors can’t refuse the siren call of 100x returns. The possibility of a Layer 2 solution finally putting an end to Solana’s famed congestion problems? That’s an invite you just can’t...
Further Reading
Commit Growth is a Crypto Mirage? The Sobering Truth Behind the Hype
So, everybody is talking about commit growth in crypto, aren’t they? Starknet, Sui, Cardano, Avalanche, Polkadot – apparently they’re all crushing it on developer activity. Month-over-month increases of 20%, 30%, even 45! Sounds amazing, doesn't it? Like a sure sign of future success. Slow down before you sell the farm...
5 Cryptos Surging, Others Dying? The Meme Lords Will Decide
Starknet, Sui, Cardano, Avalanche, Polkadot. Sounds like a law firm, right? Or perhaps the opening act on their international tour. According to some, these five are winning the developer commit game. We’re glad to see some analysis confirming their jaw-dropping performance. Good for them. Let’s face it, developer commits makes...
5 Cryptos Exploding with Dev Activity: Should You Invest?
Developer activity is one of the most reliable leading indicators of a crypto project’s health and ability to grow in the future. A large number of developer commits indicates that the project is being regularly maintained, improved, or expanded. This constant innovation can drive more widespread use amongst the users,...
Pudgy Penguins Are Taking Over, And You're Missing Out! (NFTs)
Let's be honest, you've seen them. Those cute, fat little penguins waddling around your Twitter feed, every so often covering up someone’s profile picture. Maybe you scoffed. Maybe you rolled your eyes. Maybe you thought, "Another NFT fad." You were wrong. Dead wrong.I get it. The NFT space, let me...
Pudgy Penguins: From NFT Fad to Web3 Empire?
Pudgy Penguins began like every other PFP project. Today, it has smartly transformed itself into a multi-layered Web3 brand with its deep and diversified ecosystem. This metamorphosis has given it the power to transcend the limitations of a one-dimensional NFT story. Today, it boasts a much thicker and wider bottom...
Pudgy Penguins' Cross-Chain Play Genius Move or Crypto Hype?
The NFT space is the wild west, right? One minute you're staring at pixelated rocks selling for millions, the next, everyone's moved on to the next shiny object. But then you see projects like Pudgy Penguins. Though they launched as a basic PFP project, they’ve been working on the low-key...
Modular Blockchain Technology Gains Traction, Over $400 Million in Funding Secured
Modular blockchains are increasingly riding this wave within Web3, advocating decentralization, specialization and open innovation. It’s a very different approach from monolithic blockchains, where every function happens on one chain.Ethereum's "The Merge" upgrade in September 2022 was a pivotal moment, transitioning the network from a Proof-of-Work to a Proof-of-Stake system....
Forexus NFTs Minted on Rarible: 4,000 ETH in 24 Hours!
The NFT space is heating up once again, and this time, it’s thanks to Forexus. His most recent one, the collection minted on Rarible, has shaken up the digital art world. In under a day, it achieved an incredible 4,000 ETH in sales! What exactly fueled this rapid sell-out? It’s...