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Solana News
Bitcoinik
2w
379
Image Credit: Bitcoinik
Best Solana Wallets To Use in 2025
- Solana wallets are essential for accessing SOL tokens and securely storing private keys for transactions.
- Security is crucial when selecting a Solana wallet to protect against cyber threats and asset loss.
- Differentiating between hardware and software wallets is important for understanding security levels and user preferences.
- Popular Solana wallets like Phantom, SolFlare, Ledger Nano, and Trezor Model T offer varying levels of security and usability.
- Phantom wallet is browser-based with a user-friendly interface and advanced security features for managing digital assets effectively.
- Solflare stands out for its end-to-end encryption and biometric authentication, prioritizing user security.
- Ledger Nano and Trezor Model T are hardware wallets known for their high security standards and compatibility with multiple cryptocurrencies.
- Setting up a Solana wallet involves downloading the application, creating a seed phrase, and safeguarding it for wallet recovery.
- Transferring and receiving Solana tokens requires following simple steps within the wallet interface to ensure accurate transactions.
- In case of a hacked Solana wallet, prompt actions like asset transfer, password change, and reporting the incident are necessary to mitigate risks.
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TheNewsCrypto
2w
142
Image Credit: TheNewsCrypto
SOL Might Fall Below $100 if Support is Breached; Investors Shift to This New DeFi Coin as MACD Signal Further Decline in DOGE Price
- The Solana coin might fall further if key support is breached, while the Dogecoin price is signaling a potential decline.
- Investors are shifting their focus to DTX Exchange (DTX), a new DeFi project with high demand and promising returns.
- DTX Exchange (DTX) is expected to launch this quarter and has been hailed as a top crypto investment with a potential 75x rally.
- Experts believe DTX Exchange (DTX) is a better bet than the Solana coin and Dogecoin, considering its bullish narrative and solid growth prospects.
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Medium
2w
392
Image Credit: Medium
Unveiling Arcium: A Journey Through the Evolution and Impact of Confidential Computing Technology
- Arcium's technology focuses on enabling computation on encrypted data using Multi-Party Computation (MPC) and MXEs, ensuring privacy by keeping inputs private.
- Arx nodes power the network, running arxOS for coordinating computations, with developers using Arcis to write secure applications in a Rust-based language.
- Applications span healthcare for secure data sharing, finance for confidential transactions, AI for encrypted model training, and supply chain for data integrity.
- Origins trace back to Elusiv's privacy focus on Solana transactions, transitioning into Arcium, a global supercomputer for encrypted computations.
- MPC forms the core of Arcium's technology, supported by MXEs configurable for various trust assumptions, combining MPC, FHE, and ZKPs.
- The architecture is chain-agnostic, with Solana for on-chain management, supporting parallel execution for high throughput and scalability.
- Key features include parallel execution, configurable setups, hardware acceleration, and a compiler supporting different protocols for secure computations.
- Real-world applications include secure data sharing in healthcare, confidential transactions in finance, and privacy-preserving AI in machine learning.
- Challenges include cryptographic complexity, regulatory uncertainty, and performance concerns, with future plans for multichain expansion and AI enhancements.
- Compared to competitors like Oasis, Arcium's use of MPC and Arx nodes offers advantages in scalability and flexibility, positioning it well for broader adoption.
- Funding rounds totaling $9 million reflect investor confidence, with community engagement through platforms like Discord and GitHub encouraging developer participation.
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TheNewsCrypto
2w
345
Image Credit: TheNewsCrypto
Forget Solana (SOL) and Avalanche (AVAX)—Experts Claim BinoFi (BINO) May Outshine Them All in 2025
- BinoFi (BINO) is emerging as a potential market disruptor in the crypto world, surpassing Solana (SOL) and Avalanche (AVAX) in terms of potential and adoption.
- BinoFi's hybrid crypto exchange offers the efficiency and liquidity of a centralized exchange (CEX) while preserving the security and autonomy of a decentralized exchange (DEX).
- Experts believe BinoFi's user-centric ecosystem, mass accessibility, scalable growth potential, and ongoing innovation make it a strong competitor in the crypto space.
- The ongoing BinoFi presale has garnered significant interest, indicating the high market potential and investor confidence in the project's future success.
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Newsbtc
2w
277
Image Credit: Newsbtc
Solana Forms Classic Cup-And-Handle Pattern – Analyst Predicts A Breakout To $3,800
- Solana (SOL) is facing selling pressure and struggling to hold key support levels in a declining crypto market.
- Analysts observe a potential bullish breakout for SOL, as it forms a cup-and-handle pattern.
- If the pattern plays out, SOL could reclaim higher price levels and see a significant recovery.
- Bulls need to break above the key resistance level at $130 to signal renewed buying strength.
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16 Likes
Bitcoinist
2w
410
Image Credit: Bitcoinist
Solana Inflation Reform Fails As Vote Ends In Defeat
- A proposal to cut Solana's inflation rate by 80% has failed to meet the vote threshold required for passage.
- The motion received 61.39% 'Yes' votes, falling short of the necessary supermajority of 66.67%.
- The failure was attributed to differing incentives and profitability concerns among large and small validators.
- The impact on Solana's tokenomics includes a significant decrease in future token issuance and potential difficulties faced by smaller validators.
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24 Likes
TheNewsCrypto
2w
86
Image Credit: TheNewsCrypto
Solana Rebounds from $114 Support, Eyes $140 Amid Market Recovery
- The price of SOL rebounds from $114 support and is currently trading at $134.41, up 8.91% in the last 24 hours.
- The recent uptick follows a general market recovery, with Bitcoin regaining the $84k mark.
- The SOL price is still down 4.15% in the last 7 days, but the bulls are striving for further gains.
- If the current momentum continues, SOL is expected to extend its uptrend towards the $140 region and potentially reach the $153 resistance level.
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5 Likes
TronWeekly
2w
56
Image Credit: TronWeekly
Solana’s Plan to Lower Inflation by 80% Fails Despite Community Support
- Solana's proposal to change the network's inflation rate based on staking activity failed despite community support.
- Over 281 quadrillion votes were cast, but many voted based on prior beliefs rather than the proposal's potential impact.
- 60% of small validators holding up to 500,000 SOL voted against the proposal, fearing reduced profits.
- The proposal aimed to lower Solana's inflation rate by up to 80%, but it did not stand.
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3 Likes
TronWeekly
2w
302
Image Credit: TronWeekly
Solana Cup and Handle Pattern Hints at Major Price Surge
- Solana (SOL) is showing signs of forming a cup and handle pattern, signaling a possible bullish breakout.
- Analysts predict Solana could reach $3,800 if the pattern is confirmed.
- Solana is currently trading at $125 after a recent price decline of 1.39%.
- CME plans to introduce Solana futures on March 17, boosting institutional interest and market adoption.
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18 Likes
Newsbtc
2w
138
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Ethereum Could Be Mirroring Bitcoin’s 2018-2021 Cycle Amid Record Selling
- Crypto analyst The Cryptagon suggests that Ethereum may be mirroring Bitcoin's 2018-2021 cycle, indicating a bullish outlook for ETH.
- Despite facing record selling and downward pressure, Ethereum could reach new highs as it closely follows the price action of Bitcoin's 2021 cycle.
- Ethereum's underperformance compared to other major altcoins, such as XRP and Solana, is attributed to the significant selling pressure.
- The most important support level for Ethereum at the moment is at $1,887, with a drop below this level potentially leading to a massive crash and a possible 70% price drop to $800.
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Medium
2w
60
Image Credit: Medium
Star Atlas DAO Council Election: A New Chapter in Decentralized Governance
- The Star Atlas DAO is preparing for the election of the second Term of Council Members.
- The Star Atlas DAO empowers a decentralized metaverse, allowing players and community members to shape the ecosystem.
- The DAO Council consists of five elected community members who serve as administrators and stewards of the governance process.
- The election process will follow the rules of PIP-10, introducing changes to make the process more efficient and balanced.
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3 Likes
TheNewsCrypto
2w
56
Image Credit: TheNewsCrypto
Analyst Predicts SOL to Hit $3800, But On-Chain Metrics Tell Different Story
- Solana (SOL) transaction count grows from 889.7M to 2.6B, but daily active users drop to 3.1M.
- Renowned Bitcoin analyst predicts SOL could reach $3,800, based on cup-and-handle pattern.
- On-chain analysis shows declining core developers count and network fees, indicating challenges for sustained growth.
- Solana (SOL) currently trading at $125.85 with a decreasing daily trading volume and a market cap of $63.98 billion.
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TronWeekly
2w
64
Image Credit: TronWeekly
Solana Governance Vote Sets Record as Inflation Proposal Fails
- Solana's SIMD-228 proposal, aiming to introduce a dynamic inflation model, failed to receive the required approval of 66.67% with 61.4% approval.
- Despite the failure, the vote set a record as the largest governance vote in crypto history, highlighting Solana's decentralized decision-making strength.
- Some stakeholders view the rejection as a major victory for the Solana ecosystem and its governance process.
- The rejected proposal aimed to transition Solana's inflation model to a dynamic, responsive market-based one from its current fixed schedule.
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Crypto-News-Flash
2w
129
Image Credit: Crypto-News-Flash
Solana News: Analyst Predicts ‘Crazy Pump’ for SOL – Key Catalysts Revealed
- Analysts predict a potential surge in the value of Solana (SOL) due to key catalysts such as the proposal to reduce token inflation by Multicoin Capital.
- A reduction in inflation could offset lower staking rewards, increase investor confidence, and encourage participation in decentralized finance activities.
- Potential approval of Solana ETFs could lead to increased institutional investment, driving up demand and potentially boosting the price of SOL significantly.
- Despite minor dips, the broader market sentiment remains positive for Solana, with the current price trading at approximately $125.85.
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7 Likes
Hackernoon
2w
371
Image Credit: Hackernoon
Meet Ed25519, The Tiny Crypto Algorithm That Makes Solana Insanely Fast and Secure
- Ed25519 is an efficient cryptographic algorithm optimized for digital signatures and elliptic curve cryptography.
- It offers a fast signing and key generation process, secure session keys, and collision resilience.
- In Solana, Ed25519 is used for wallet management, transaction signing, and account identification.
- With its small key and signature sizes, Ed25519 contributes to Solana's high throughput and performance.
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