Altcoins
Solana crashes, SOL prices tumble as network scrambles to restart
SOL had been on a tear but is now losing ground. Is Solana a victim of its own success — or does the network have deeper problems?
Lachlan Keller
Lens
Altcoins
SOL had been on a tear but is now losing ground. Is Solana a victim of its own success — or does the network have deeper problems?
Lachlan Keller
Investment Insights
Institutional investors continued to buy into Solana investment products despite the market correction last week, according to a report by digital asset manager CoinShares. Fast facts Solana prices, which have soared by over 13,000% this year, reached an all-time high of US$213.47 on Sept. 9, according to CoinGecko data. Solana briefly overtook XRP to become […]
Michelle Lim
Altcoins
A few altcoins managed to stand out coming into the working week as Solana’s tear comes to an end.
Lachlan Keller
Smart Contracts
In this Forkast.News explainer, learn why blockchains with smart contract capability are surging in popularity and the new darlings of investors.
Jimmy Aki
Altcoins
As most of the market saw a 10% to 15% dip in the past 48 hours, Solana (SOL) has defied that trend, crossing the US$200 mark for the first time and becoming the new sixth-largest coin by market cap a few hours ago, according to data from CoinMarketCap.com. Fast facts SOL was trading at US$205.27 […]
Lachlan Keller
Investment Insights
The institutional investment tide has turned for Bitcoin, which saw US$59 million in inflows last week, according to CoinShares, Europe’s largest digital assets fund manager. It was Bitcoin’s first inflows in eight weeks — signaling improving investor sentiment toward the world’s most popular cryptocurrency. Fast facts Digital asset investment products saw inflows of US$98 million […]
Michelle Lim
Altcoins
Solana (SOL) is continuing to break new ground, gaining 22% in the past 24 hours to reach a new all-time high of US$177.95 at press time, according to data from CoinMarketCap.com. Fast facts It has been a historic run for the network, which rose 45% over the previous week to reach its previous all-time high […]
Lachlan Keller
Altcoins
The broader market recovery following the May crash continues with five of the top 10 coins by market cap showing double-digit growth over the past seven days, according to data from CoinMarketCap.com. Fast facts Continuing its historic run, Solana (SOL) showed the most movement, gaining over 45% this past week to hit a new all-time […]
Lachlan Keller
Altcoins
As Bitcoin continues to battle the $50,000 level, Ethereum rises in dominance while smart contract platforms Solana and Cardano buck the sideways trend to reach new price levels.
Lucas Cacioli
Investment Insights
Cryptocurrency investment products saw a second consecutive week of inflows of US$24 million last week, despite the eighth consecutive week of outflows from Bitcoin of US$3.8 million, according to CoinShares, Europe’s largest digital assets fund manager. Fast facts Total digital assets under management (AUM) across all digital asset fund providers last week stood at US$56.86 […]
Michelle Lim