https://t.me/Solana_Updates

2022-04-18 14:03:02 Solana Among Top 10 Actively Developed Projects

According to Santiment data, Solana and Cardano remain among the top 10 fastest developed assets in April. In the list of the top 10 projects by aggregated development activity based on publicly available Github information for April, Uniswap, Solana and Status ranked in the top three.

Santiment's metric tracks the development data of thousands of public Github repositories. With more users contributing to a project, the higher place it gets in the ranking.While development activity has little-to-no impact on near-term market prices, it may be a healthy indicator of the project's long-term growth.

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2022-04-17 12:10:02 On-Chain Wallet Profiler Nansen Adds Solana Coverage

“There has been huge demand to launch a Solana dashboard,” said Nansen CEO Alex Svanevik.Crypto data service Nansen announced Thursday that it is adding support for transactions on the Solana blockchain.

In a press statement, the startup pointed to Solana’s growth across non-fungible tokens (NFTs) and decentralized finance (DeFi). The integration will “help to identify emerging” trends on both fronts, it said.On Thursday, Nansen’s Solana overview page showed the fast and cheap blockchain had 1.31 million “unique 1-day visitors.” Decentralized exchange (DEX) Serum accounted for 32% of “program executions.”

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2022-04-16 13:58:02 Solana NFTs Now Heading to Rarible Following OpenSea Debut

Rarible expands its multi-chain approach even further while launching a custom marketplace for profile-picture NFT project Degenerate Ape Academy.

The Solana NFT ecosystem is expanding to new frontiers this month. After launching last week on OpenSea, the most popular marketplace in the wider NFT space, now rival Rarible has announced that its planned integration of Solana NFTs is now live.Today, the open source and increasingly multi-chain Rarible Protocol confirmed that it has added support for NFTs minted on the Solana blockchain.

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2022-04-15 15:31:02 Buy Solana, But Not Because It’s on Robinhood

Solana (SOL-USD) is one of the most volatile altcoins in the crypto universe. Some altcoins drive adoption through utility, and some do it through community. In the case of Solana there’s a little bit of both.

The reason why investors have been flocking to Solana is, in a word, scalability. Solana is one of many cryptos vying to be a significant challenger to Ethereum (ETH-USD). And the coin has the attention of the development community who appreciate the transaction speed and the lower fees that are hallmarks of the Solana network.Those hallmarks are a key reason why Solana is becoming a fixture in the fast-growing NFT marketplace.

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2022-04-14 18:34:02 Umbrella Network Announce Decentralized Data Oracles on Solana

After integrating Umbrella Network’s decentralized oracles, the Solana ecosystem recently received another upgrade. With the development, developers on Solana can access Umbrella’s robust data feeds for DEXs and blockchain-based games.

The integration will offer developers access to 3,800 data feeds from crypto, commodities markets, US equities, and RNGs. Besides this, Umbrella Network is also building several custom data solutions to bring data feeds on-chain throughout weather information, sports stats, healthcare, insurance data, geolocation, energy, and more.Sam Kim, Umbrella Network’s Senior Advisor, expressed delight about the integration.

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2022-04-13 10:41:02 Solana NFTs launch in beta on leading marketplace OpenSea

Solana NFTs (non-fungible tokens) have finally gone live on Opensea, the leading NFT marketplace.Despite being the home ground of Ethereum-based NFTs, OpenSea’s users have long requested integration of the Solana network.

Launching in beta with 165 NFT collections and partners, OpenSea plans to “improve the Solana experience” over time and add more collections every day.OpenSea said: “Solana has emerged as one of the fastest growing NFT ecosystems in the world, and is among the most requested chains by the OpenSea community. We believe the future of web3 is multi-chain, and we’re excited to welcome Solana to OpenSea.”

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2022-04-12 12:52:02 Solana NFT marketplace integration and DApp metrics shine even after SOL’s 20% drop

Solana's strategy to focus on NFT markets seems to have paid off because the layer-1 blockchain network has risen to third place all-time in total NFT sales on April 6.

As a comparison, Terra's TVL increased by 34% year-to-date, while Fantom network deposits grew by 30%. On the bright side, on April 5, Neon released an alpha version for the first Solana Ethereum Virtual Machine cross-compatibility and scaling solution and on April 7, Solana announced that over 1.6 million network addresses currently hold an NFT.A DeFi application stood out front the crowd.

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2022-04-11 14:44:02 SOLANA PRICE PLUMMET AS THE NFT MARKET HYPE DROP

One of the major products that Solana has been pushing is its NFT marketplace, which has been performing quite well in the market. But it looks like the hype around the Solana NFT marketplace is dropping, and this can be seen from the falling performance.The drop has also affected the $SOL price, which is currently plummeting.

Many factors could be making the Solana NFT hype drop and hence a plummeting $SOL. One of them is the coming of the Bitgert NFT marketplace, which is getting a lot of attention from the crypto community. Here is more about these Solana and Bitgert NFTs and how the latter might be a tough competitor.

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2022-04-10 19:45:03 Solana (SOL) Attempts Fourth Wave Pullback After Rejection From Long-Term Resistance

Solana (SOL) has failed to break out from a long-term descending resistance line and is attempting to find short-term support.SOL has been falling since reaching an all-time high price of $259.90 on Nov 6. The downward movement led to a low of $75.35 on Feb 24.

The price has been moving upwards since and broke out from a short-term descending resistance line (dashed) on March 16 before accelerating its rate of increase.However, the rally ended once SOL reached a high of $143.51 on April 2. This validated another longer-term descending resistance line, which is now acting as resistance.After the rejection, the price returned to the $114 level where it bounced slightly.

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2022-04-10 11:02:22 eToro to Launch $20M NFT Ecosystem Support Program

Crypto-friendly investment platform eToro has announced the launch of eToro.art with $20M in funding. The initiative aims to support emerging NFT creators and purchase famous collection tokens.

eToro.art was presented at the Bass Museum of Contemporary Art in Miami, USA. The initiative aims to familiarize 27 million users registered on the platform with NFT.Part of the funds will be used to purchase blue chips in the non-fungible token segment. eToro has already invested in tokens from the collections of Bored Ape Yacht Club (BAYC), CryptoPunks, World of Women.

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