Solana has been the talk of the crypto world. It has encountered some congestion hiccups on route. Enter Solaxy, a project looking to become Solana’s first-ever Layer-2 (L2) scaling solution. So what is Solaxy, and how might it change the course of the Solana meme coin arena? Let's dive in.What...
Loopscale, a decentralized finance (DeFi) lending protocol on Solana, temporarily halted its lending markets after suffering an approximately $5.8 million exploit. The protocol went live on April 10 following a six-month closed beta. It’s now leveraged by lending markets for tokens like JitoSOL and BONK. With about $40 million in...
We all enjoy it, or perhaps enjoy hating it. The speed demon of public blockchains, at least until that’s not the case. Remember the TRUMP meme coin launch? Selectivity of bad things happening. Network slammed shut as if you bleached your drain after turkey day. High fees, failed transactions, the...
Remember the TrumpCoin launch on Solana? What a glorious, beautiful, expensive mess. Not to mention if you’re a new user and just saw your transaction fail five times. Fees went through the roof like Snoop Dogg at Coachella while you fumbled to purchase a bag of what are essentially digital...
On-chain, Solana currently does about 6,500 TPS. This month, it has climbed up to be the second strongest blockchain by users with more than 80 million users. Though Solana generally handles even the highest traffic scenarios smoothly, sudden user surges can still cause temporary slowdowns and transaction errors. Solaxy is...
Pudgy Penguins registered one of the biggest price increases in crypto history as it blasted all the way up to ¥0.010. This latest jump represents a strong rebound, with the price up more than 167% from its recent bottom earlier this month. The Pudgy Penguins rally came during the current...
The cryptocurrency market right now is a tornado of innovation and torrential downpours of speculation. Looking forward to 2025, some familiar faces are coming back into focus who warrant watching closely. This article aims to cut through the hype. It provides even handed treatment of BlockDAG, Bitcoin, Ethereum and Solana...
MIND of Pepe is rapidly becoming a new force in the cryptocurrency space. It did so raising a phenomenal $8.2 million at its presale phase. This groundbreaking project seeks to solve some of the most pressing issues on the Solana blockchain, such as congestion, transaction priority, and scalability. MIND of...
Upexi dropping $100 million into Solana? This is not just a media sound bite. It’s an unambiguous signal that institutional capital is becoming very interested in the Solana ecosystem. And when the institutions begin to circle, it’s time to listen up. So, before you dive into the details, get ready...
It's a digital jungle, isn't it? One minute you're sipping Mai Tais on a yacht made of Dogecoin, the next you're staring into the abyss of a rug pull, wondering where your life savings went. And in the middle of this chaos, a new player emerges: Solaxy. A meme coin?...
