š„HAVE YOU BEEN ASKING WHAT'S UP WITH SOLANA TECH? HERE ARE SOME FEW KEY POINTS TOWARDS SOLANA UPDATES :
Solana is a fast, scalable, and decentralized blockchain platform that has attracted a lot of attention in the crypto space. Here are some of the latest news on Solana that you might want to know:
Solana has partnered with Moonstake, a leading staking platform, to enable users to stake their SOL tokens and earn rewards.Ā This collaboration aims to enhance the Solana ecosystem and increase its adoption.
Solana has launched a new NFT marketplace called Revival, where users can create, buy, sell, and trade digital collectibles based on popular anime, manga, and games.Ā Revival also supports cross-chain interoperability with other blockchains such as Ethereum and Binance Smart Chain.
Solana has announced the winners of the IOST Global Alliance Program, a community initiative that rewards contributors who help promote and grow the IOST network.Ā The winners include developers, content creators, influencers, and ambassadors from various regions.
Solana is facing a trial in the U.S. for allegedly orchestrating one of the biggest financial frauds in history.Ā The founder of FTX and Alameda Research, Sam Bankman-Fried, is accused of manipulating the prices of crypto assets and defrauding investors of billions of dollars.
Solana is down more than 93% this year, and many investors are abandoning the crypto due to fears over FTX contagion. However, Solana continues to make headway in two key areas --NFTs and Web3 ā that could lead to rapid growth in 2023.
Solana could be due for a fall, coming on the back of selling pressure after Judge John Dorsey allowed defunct cryptocurrency exchange FTX to dump $3.4 billion worth of crypto.
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