Solana wallets buckle as 2.8M addresses angle for Grass airdrop
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TL;DR The Phantom wallet, widely used in the Solana network, experienced a temporary downtime issue, which affected account balance visibility for its users. The inconveniences have already been resolved, and activity should return to normal for all users.
Bitcoin ETFs are recording solid buying, a sign that traders believe to be an indicator that BTC will break through the range highs.
Ethereum (ETH) fees remain relatively low, due to a shift of activity. Most swaps happen on L2, while Solana is taking the biggest share of meme token action.
TL;DR Digital asset inflows hit $901 million, bringing this year's total to $27 billion, nearly triple 2021's record. Bitcoin led inflows with $920 million, driven by political factors in the US, while Ethereum saw outflows of $35 million. Blockchain stocks also showed a rally, with inflows of $12.2 million for the third consecutive week.
In October, Cardano price traded nearly sideways despite high expectations for a bullish trend. This prolonged consolidation offers little optimism for ADA's better performance in November.
Solana Phantom Wallet is down again. In an update shared by the protocol on its official X account to reveal that the it is experiencing an “uptime incident.
Phantom Wallet has reported a downtime incident and asked its users to be patient as the team works to resolve the issue. On Oct.
The rising DEX volumes than Ethereum have made the market participants bullish on Solana's (SOL) price rally. The growing popularity of the Solana-based memecoins has contributed to the rise in the network activity and eventually the DEX volumes too.
Bitcoin (BTC) and the altcoins have shown significant price actions in the crypto market. The overall crypto market's daily trading volume surged by 22.63% as per CMC data.
The biggest wallet on the Solana blockchain is currently undergoing a downtime. The users facing issues with inaccurate account balances for an hour now.
Today, the fifth largest cryptocurrency, Solana (SOL), overtook popular payment service PayPal in terms of market capitalization. Following a 5.51% increase in SOL quotes over the past week, the token's price rose to $175.3, bringing its capitalization to over $83.56 billion.
Solana has registered a high transaction fee compared to Ethereum in the past 24 hours as it entered the top 5 networks for this metric.
Phantom, which is Solana's biggest wallet, is experiencing downtime. User funds should be safe, the company says.
The Solana network has significantly outshined Ethereum in its Web3 on-chain activity in the recent past fueled by its thriving memecoin ecosystem.
Prominent crypto analyst Alex Krüger recently shared his strategy for the 2024 U.S. Presidential Election, highlighting a shift in his investment approach.
The crypto market enters the new week on a bullish note as the Bitcoin price inches closer to a $70,000 resistance breakout. The bullish momentum gradually fuels bullish momentum in most major altcoins, including SOL.
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Bitcoin (BTC) faced a considerable slump on Friday, and registered a low of $65,700 on Saturday as escalating tensions in the Middle East spooked markets. However, it found support at this level and recovered to push back above $67,000.
Among the top cryptocurrencies, and with the exception of Bitcoin ($BTC), Solana ($SOL) is proving to be the most likely of the large-cap altcoins to lead the rest of the field higher. Outperforming $BTC, and rapidly gaining ground on Ethereum ($ETH), is $SOL about to fly much higher?
Solana's surging fees are correlated with growing trading activity on the network's leading decentralized exchange, Raydium.
The digital asset inflows last week reached a staggering $901 million with Bitcoin dominating a lion's share of the total flows. BTC has turned out to be investors' favorite this month in October ahead of the US Elections in November.
The Global crypto market cap rose by 0.44% to $2.29 trillion today. Uptober disappointed, failing to deliver the expected gains in the crypto market.
Will Solana, XRP, and Shiba Inu drive the next crypto bull run? Get insights on their latest price analysis, resistance levels, and outlook.