Sonic SVM chain on Solana is introducing a new burn mechanism to boost buying pressure on its token and liquidity. Solana-based (SOL) Sonic SVM (not to be confused with Sonic, formerly Fantom) is making a key change to its tokenomics. On Monday, May 19, in a press release shared with crypto.news, Sonic SVM announced an…
Tatsu Works is pulling the plug on Tatsumeeko: Lumina Fates, ending a three-year journey backed by $7.5 million in venture capital. Blockchain game developer Tatsu Works said it’s stopping the development of its MMORPG-lite title “Tatsumeeko: Lumina Fates,” three years after raising $7.5 million in venture funding. 📜 Embracing What’s Next For Tatsu Today, we’d…
The Fartcoin price has pulled back from its highest point this month and is at risk of further downside as smart money investors sell and exchange balances rise. At last check Sunday, Fartcoin (FARTCOIN) traded at $1.20, down 14.35% from its highest point this month. Nansen data shows that the number of savvy money investors…
Solana price has stalled below $200 as the recent bull run encountered resistance, but ongoing ETF inflows and strong network statistics may support a renewed rally. Solana (SOL) was trading at $171.45 on Friday, down by 7.40% from its highest point this week. This retreat mirrors that of other cryptocurrencies like Bitcoin (BTC) and Hedera…
Marinade’s MNDE token surged 30% after unveiling instant SOL withdrawals and a new creator rewards program, as Solana’s DeFi activity rebounds. Marinade’s governance token MNDE (MNDE) shot up nearly 30%, briefly hitting $0.17, as the Solana-based liquid staking protocol rolled out a wave of updates aimed at reviving community engagement and token utility. While it’s…
Solana has shown a potential deviation at the key $180 resistance level, with price briefly closing above before quickly falling back below. This signals a likely rotation toward major support near $125 if the level fails to be reclaimed. Solana (SOL)is at a critical juncture after encountering strong resistance at the $180 level. Recent price…
Solana’s biggest crypto wallet has entered the liquid staking race, launching its own PSOL token. The market for Solana (SOL) liquid staking tokens gained a new entrant. On Tuesday, May 14, Phantom launched its own liquid staking token, PSOL, enabling users to stake SOL while retaining liquidity for use in DeFi. We’re launching our own…
Sygnum Bank is now allowing clients to use staked SOL as collateral for multi-currency loans, as institutional demand drives a doubling in its crypto lending volume. Swiss digital crypto-friendly bank Sygnum has added staked Solana (SOL) to its portfolio of tokens eligible as collateral for Lombard loans, allowing clients to access fiat liquidity while continuing…
Dogwifhat price has rallied in the past few weeks, aligning with the performance of most Solana meme coins. Dogwifhat (WIF) token rose to a high of $1.3142 on Tuesday, up by 335% from its lowest level in April. This rebound has pushed its market capitalization of over $1.07 billion, making it the fourth-biggest Solana meme…
Solana is back in the spotlight as it reclaims the $180 mark for the first time since mid-February amid rising decentralized finance metrics. Thanks to a solid technical setup and growing interest in its DeFi ecosystem, the price has increased 6% over the last day and 22% over the last week. Solana’s (SOL) open interest…
