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Latest Solana News and Insights | Yellow.com
Trust Yellow.com for the latest and most reliable Solana news and insights. Stay informed with accurate updates, expert analyses, and comprehensive articles on Solana trends and market movements.
News
Solana Takes a Hit: Scammers Found a Way to Burn Tokens From Inside Wallets
Sep 04, 2024
A new scam is causing havoc in the Solana ecosystem. Users are buying tokens that vanish within seconds. The culprit? A sneaky abuse of Solana's "Permanent Delegate" extension. Slorg, a member of Jupiter's Core Working Group, flagged the issue. "Imagine you swap for a token and the wallet history c
Solana Blockchain Suffers a Major Decline in Transaction Fees, Meme Coins to Blame
Aug 28, 2024
Solana, a big player in crypto, is seeing its transaction fees tank. This has folks worried about its future in a rough market. Kyle Doops, who hosts Crypto Banter, spilled the beans on X. Daily fees on Solana have nosedived to $639,000. That's an 87% drop from March's all-time high. It's the lowe
Dumpy.fun's New Gambit: Solana Memecoin Protocol Teases New ‘Short Squeeze’ Platform
Aug 21, 2024
Solana's memecoin scene is about to get wilder. A protocol known for shorting these volatile tokens is flipping the script. Dumpy.fun, a platform for betting against memecoins, is launching a new tool. It's called squeezy.lol. The aim? To let traders go long on heavily shorted tokens. The announcem
Hedge Fund CEO Hails Solana as 'Fastest Horse in Crypto' Amid Modest Gains
Aug 19, 2024
Solana's price ticked up 0.5% to $142.59 in the past 24 hours. This follows Asymmetric founder Joe McCann's bold claim about the cryptocurrency. McCann praised Solana on Wealthion's Speak Up podcast. He told host Anthony Scaramucci that Solana has "flipped every metric associated with Ethereum". T
Ethereum Stumbles and Can't Keep Up With Bitcoin and Solana, ETFs Are No Help
Aug 12, 2024
Ethereum's recent performance has raised eyebrows. Despite its Wall Street debut, ETH has struggled to keep pace with competitors. The crypto market took a nosedive on Sunday. ETH-to-BTC conversion ratio hit a yearly low of 0.041. Digital assets have since rebounded. Yet, the ratio remains at 0.043
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