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Tensor, a Solana-centric NFT trading platform, has raised $3 million in a seed round led by Placeholder, the team exclusively shared with TechCrunch. The startup was co-founded by Ilja Moisejevs and Richard Wu, bringing a collective 10 years of experience in working on trading infrastructure and data-intensive systems. Until this point, Tensor was bootstrapped off […]
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Polygon is partnering with customizable rollup provider Eclipse to launch a Solana-focused scaling solution, the companies exclusively told TechCrunch. Rollups, a part of the layer-2 blockchain ecosystem, are a scaling solution to help make blockchains faster and cheaper. Rollups work by compiling a number of transactions into one bundle to go onto a layer-1 blockchain […]
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It appears the NFT market is slowly getting back on its feet. Trading volumes rose for two months straight, with January scoring the highest volumes since June last year, according to the Dapp Industry Report: January 2023. The growth in January marked a stark difference from the trend of the past few months — October […]
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Solana saw the highest number of new developers contributing to the ecosystem, with its developer count rising by 83%, the fastest of any major blockchain.
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Last week, Solana (SOL) fell to its lowest level since February 2021. But its price has risen over 12% in the past 24 hours on Tuesday after almost nine days of consecutive losses that brought its price to around $8 on Friday. Amid Solana’s movement, the two largest cryptocurrencies by market cap, bitcoin and ether, […]
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We’re taking a look at how significant crypto and global events from this year affected the two biggest cryptocurrencies: Bitcion and Ether.
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Two top Solana NFT projects, DeGods and y00ts, have announced they are leaving the blockchain in 2023, which is stirring up conflicting sentiments in the crypto community. Over the weekend, DeGods announced on Twitter that it will be migrating to Ethereum, while its sister project y00ts will be moving to Polygon early next year, the […]
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Solana’s co-founders see this downturn as an opportunity for its team and developers to build and ignore the noise.
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It’s been almost four months since the layer-1 blockchain Solana announced its web3-focused smartphone Saga and as the phone is approaching its official release date, the plan has shifted. “Our goal isn’t to sell 10 million units,” Anatoly Yakovenko, co-founder of Solana, said on stage at Disrupt 2022. “We would be very happy with 25,000 […]
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Although the crypto market capitalization is down about 58% year to date, web3 developers are pouring into the space.
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