Tokenization
Only 6 coins outperformed BTC in the past 24 hours
Bitcoin's rally past $30,000 made it the 7th best performer in the past 24 hours, with its 6.41% rise surpassed by FTM, SOL, INJ, STX, CFX, and RNDR.
Solana
Latest stories
Tokenization
Render token rises 8% as community votes on proposed Solana migration
Render Network says the Solana migration was necessary because of "future network growth."
Staking
Lido to sunset staking on Polkadot, Kusama by August
Lido developer MixBytes said Polkadot's DeFi lack of liquidity undermined the value proposition of liquid staking.
NFTs
Magic Eden to refund users who bought fake NFTs via its platform
The platform said the exploit affected only 4 NFT collections through which users bought 25 NFTs.
Analysis
Lido now has the highest DeFi TVL as LDO increases 17%
CryptoSlate data shows that Lido's native token is up by over 17% in the last 24 hours to $1.16 as of press time.
DeFi
Ethereum L2 language Cairo’s TVL surpasses Solana’s Rust
Ethereum-related languages dominate the top three largest smart contract languages by TVL.
Technology
Solana active developers decline 90% in 2022, but SOL devs dispute findings
Developers within the Solana ecosystem have disagreed with the data from the aggregator, describing it as a joke.
Analysis
Solana crashes 55% in November but NFT trades still booming
According to CryptoSlate data, SOL was one of the worst-performing digital assets in the last 30 days.
Bear Market
Solana Foundation reveals minimal exposure to FTX
FTX and Alameda had bought over 50 million SOL from the Solana Foundation between 2020 and 2021.
Exchanges
FTT tanks 30% after 1.9M tokens moved to FTX, Binance denies selling
Reports from Lookonchain and Peckshield identified several whale transactions that could have impacted FTT's value.
Adoption
Breaking: Google Cloud becomes a Solana validator
Google Cloud's partnership with Solana will see the company become a Solana validator and add the network to its Blockchain Node Engine and BigQuery services.
Outage
Cloud service provider Hetzner blocks access for Solana validators over TOS breach
Top executives at Solana urged affected validators to move their operations to a crypto-friendly cloud service provider.
