Solana News

Solana News

Finance

Ex Populus Raises $8.5M Amid Fears Web 3 Gaming Is Growing Frothy

The game platform closed the round at a $80 million valuation, a modest sum by today’s standards.

(Mauro Bueso/Unsplash)

Finance

Solana Ventures Looks to Boost Web 3 Gaming With Launch of $150M Fund

The initiative tops an earlier $100 million fund raised with FTX and Lightspeed in November.

Solana (Zack Seward/CoinDesk archives)

Markets

Crypto Fund Inflows Slow to $88M as Market Retreats

Bitcoin’s price is down 26% in the past 30 days, suggesting investors continue to see the price weakness as a buying opportunity, albeit at a slower pace.

Crypto fund inflows have slowed in recent weeks. (CoinShares)

Markets

Alts Find It Tough to Beat Layer 1 King Ethereum

Big investors looking beyond bitcoin may take their first baby steps into ether, which has so far outperformed its layer 1 alternatives. But for how long?

(via Pixabay)

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Layer 2

Most Influential 2021: Anatoly Yakovenko

Solana, a distributed network Yakovenko co-founded, has seen massive growth this year.

Created by Pixelmind.ai

Markets

Polkadot, Solana, Terra, Lead Large-Cap Losses Amid Broader Market Drop

Cryptocurrencies fall heading into the weekend following a global sell-off in risk assets.

Solana/USD chart on Dec. 10 (TradingView)

Tech

Solana Validators, Engineers Grapple With Blockchain Slowdown on Public Call

After a bout of Thursday morning congestion, members of the high-speed blockchain’s validator community voiced concerns about the network’s reliability.

Solana's Breakpoint came at the market's previous zenith (Zack Seward/CoinDesk)

Markets

CoinDesk 20 Update: ATOM, ICP and SOL Are In; AAVE, GRT and UNI Are Out

Web 3 is replacing DeFi among the most traded currencies in crypto.

The Solana conference's closing gala in Lisbon's main square. (Zack Seward/CoinDesk archives)

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Finance

Three Arrows Leads $4.3M Round for Solana-Based Metaverse Project Solice

Solice is bringing VR to the mix in a bid to compete with Decentraland and The Sandbox.

An image from the Solice metaverse. (Solice)

Markets

Avalanche, Layer 1 Tokens Soared in November as Ethereum Fees Drove Competition

Avalanche saw its AVAX token rise 70% in November and was the month’s best performing layer 1 platform with a market capitalization of $10 billion or greater.

While most layer 1 platforms saw gains over November, Polkadot (DOT), saw a steep loss of 24% (Clark Van Der Beken, UnSplash)