Markets

Solana Blockchain Well Positioned to Reassert Itself as a Genuine Layer 1 Competitor: Coinbase

The fundamental value proposition of the Solana protocol persists from a technical perspective, the report said.

Oficinas de Solana en Nueva York, Estados Unidos. (Danny Nelson)

Finance

Solana-Themed Storefronts Close Shop, Ending Experiment in IRL Blockchain Evangelism

Solana Spaces will close its New York City and Miami locations by the end of February.

Solana Spaces (Solana)

Tech

DeFi Project Friktion’s Shutdown Said to Stem Partly From Founder Disagreement

The official reason given by Friktion officials for the shutdown was that costs outpaced revenue, creating challenging economics for the Solana-based project.

There was friction between the founders at Friktion. (DALL-E)

Markets

Solana Liquid-Staking Tool Marinade Looks to Bolster Its Token Value With Staked SOL Capture

Pseudonymous Marinade developer Cerba said the effort will bring more legitimacy to mSOL, which is ahead of Lido’s Solana LSD token despite that big-name protocol’s dominance on Ethereum.

Marinade.Finance is looking to bolster the value of its MNDE tokens. (Dall E)

Markets

Solana Blockchain SOL Token Doubles From FTX-Crash-Induced Lows, but Will It Continue to Rebound?

SOL’s price has surged 114% so far this year, slowly recovering from losses from early November.

Oficinas de Solana en Nueva York, Estados Unidos. (Danny Nelson)

Videos

Ripple’s Crypto Predictions for 2023

Ripple's SVP of Global Customer Success, and Managing Director for APAC and MENA, Brooks Entwistle, joins "First Mover" to discuss the payment protocol's crypto and blockchain predictions for 2023, with a focus on the real-world utility from NFTs to CBDCs. Plus, the latest on the SEC lawsuit and Ripple's partnership with Solana and Global Blockchain Business Council to explore crypto-based solutions for climate change.

Recent Videos

Tech

Crypto Developers Grew in Numbers Amid Bear Market, VC Firm Electric Capital Says

Developers are focusing on alternative ecosystems to Bitcoin and Ethereum, helping them grow faster, the VC firm said in a report.

La cantidad de contratos inteligentes implementados en Ethereum aumentó más de 40% desde el final del primer trimestre, según Alchemy. (Getty Images)

Finance

Solana Foundation, Ripple, GBBC and Others Form Partnership to Promote Crypto Solutions for Climate Change

Climate solutions "makes the most sense" for real-world applications of blockchain, a co-founder of the initiative told CoinDesk.

Key members of the BxC at a panel in Davos 2023. From left to right; Sandra Ro of GBBC, Dave Ford of Eqo Networks, Ken Weber of Ripple, Anna Lerner of Climate Collective, Gregory Landua of Regen Network, Daniel Hwang of BxCi and Chris Krohn of BxC. (Image credit: GBBC)

Tech

Citi Says Solana Blockchain Activity Remains High

Active addresses and daily NFT trading volume have returned to levels last seen before the collapse of crypto exchange FTX, a report from the bank said.

(Danny Nelson/CoinDesk)

Tech

Inside Bonk Inu: How 22 Developers Put the Shiba Inu Fun Into Solana and Away From FTX

Distraught, disgusted, and jaded: Solana’s popularity took a hit when reports of possible fraud at Sam Bankman-Fried’s then-behemoth crypto exchange FTX first came to light. But developers found a way to jump-start activity.

Bonk Inu developers say they want to showcase Solana's capabilities. (Bonk Inu)