Solana’s rejection of SIMD-0228 reflects a commitment to maintaining decentralization and market stability. Despite the failed proposal, SOL’s price surged 9%, indicating positive market sentiment toward Solana’s governance structure. The Solana community recently faced a pivotal moment with the proposal of Solana Improvement Document 0228 (SIMD-0228), which aimed to transition the network’s fixed inflation schedule […]

A crypto analyst says deep-pocketed investors are snapping up the top layer-1 platform Ethereum (ETH) amid the marketwide digital asset correction. Trader Ali Martinez tells his 132,900 followers on the social media platform X that whales gobbled up more than $815.514 million worth of ETH in less than a week. “Whales have bought more than […]

Layer-1 blockchain Solana is celebrating its fifth year since its mainnet launch in 2020 — becoming one of the biggest chains by transaction activity and one of few select cryptocurrencies included in a proposed US digital asset stockpile. Since the first Solana block was built on March 16, 2020, the network has processed more than 408 […]