Solana


Finance

The Biggest BONK Whale Just Invested in 'Ycombinator for Solana'

What started as a joke is turning into real business for Solana.

A BONK ad in Salt Lake City (Danny Nelson/CoinDesk)

Markets

JUP Token Soars After Massive $700M Jupiter Airdrop to Solana Wallets

Validators called the airdrop a success. "Surprisingly, nothing notable" broke, one operator said.

Arbitrum airdrop goes live. (Pexel/Pixabay)

Markets

Solana DEX Jupiter's JUP Token to Debut With 1.35B Circulating Supply

The JUP-USD perpetual traded at 65 cents on Aevo at press time, implying a market capitalization of $700 million at the inception.

Planet Jupiter and its great red spot

Markets

Solana's WEN Token Plummets Despite Burning 27% of Supply

The burn turned out to be a "sell the news event" as traders had already accounted for the purge – and then some.

"Moonbois in the mud," wrote one pseudonymous trader (wenwencoin.com, modified by CoinDesk)

Markets

Around 17% of WEN Token Supply Could be Burned After Airdrop, Data Suggests

CoinDesk reviewed on-chain data to estimate how much WEN token will be left at the end of the airdrop.

(wenwencoin.com)

Finance

Fan Club for Solana's Saga Phone Loses 750 SOL

Saga DAO's founder had moved the funds to a wallet whose multisig protections never came online.

Saga phone (Danny Nelson/CoinDesk)

Finance

Solana Startup Dialect Builds 'Conversational' Telegram Trading Bot

Chat is the "ideal human-computer interface," said CEO Chris Osborn.

Dialect Operator's interface (Danny Nelson/CoinDesk)

Tech

Solana Delivers 'Token Extensions' to Attract Compliance-Minded Token Developers

The new features let token developers hard code various restrictions into their assets.

Scenes from a Solana hacker house (Danny Nelson/CoinDesk)

Markets

Solana, Avalanche Tokens Slide as Bitcoin Traders Target Eye Support at $38K

Over half of the profits accumulated by short-term bitcoin holders have been wiped out, Bitfinex analysts said in a Tuesday note.

(Pezibear/Pixabay)

Videos

Solana, Cardano Lead Crypto Losses; Terraform Labs Declares Bankruptcy

"CoinDesk Daily" host Amitoj Singh breaks down the biggest headlines in the crypto industry today, including a closer look at why the crypto market started the week in the red, with Solana's SOL and Cardano's ADA leading the losses. An @xpayments profile on X (formerly Twitter) sent adoption hopes flying among crypto circles. And, Terraform Labs files for bankruptcy.

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