Gemini AI Expects Solana to Climb Toward $400 on Firedancer Boost
Solana ($SOL) isn’t just the world’s sixth-biggest cryptocurrency and a fantastic ROI opportunity (it’s up 2,600% in the past three years). It’s also the lifeblood of the DeFi and Web3 ecosystem. That’s why it has been gaining a lot of attention, especially with expectations of a crypto bull run. Solana’s Total Value Locked (TVL) now […]
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Jump Crypto has unveiled a new bug bounty initiative, targeting the inaugural release of Firedancer, a third-party Solana validator client. Developed by Jump Crypto, Firedancer v0.1, also known as Frankendancer, is set to enter an intensive security vetting phase, accompanied by a $1 million prize pool facilitated through the cybersecurity platform, Immunefi. Firedancer represents a […]
Ether prices experienced only modest movements on 9th May despite the high-profile launch of trading support for the digital asset on Gemini, the digital currency exchange owned by investors Cameron and Tyler Winklevoss. Announced last week, Gemini began offering both ETH/BTC and ETH/USD pairs at 14:30 UTC today, a launch that coincided with news coverage from Reuters and Bloomberg, among others. Despite the visibility, the digital currency opened the day at $9.55, Poloniex data reveals, and later fell to a low of $9.36 at 02:25 UTC. Ether remained at this price level until 04:30 UTC, when....
Solana is not lacking in positive news for its investors and crypto holders as it tries to bounce back from its lackluster performance last month. Solana is currently experiencing supply inflation SOL came 2nd next to AXL in 7-day trending searches The crypto is down by 6.3% over the last 30 days It was announced recently that the Tulip Protocol with WalletConnect was successfully integrated to the Solana network. Tulip Protocol is a decentralized application (dApp) that is said to be an efficient yield aggregator that takes advantage of the low cost and highly efficient Solana blockchain....
Gemini, the cryptocurrency exchange platform has announced its entry into Singapore and Hong Kong markets. Bitcoin’s growing popularity in the Asian region has prompted Gemini to open new offices in Singapore and Hong Kong. The renowned Bitcoin exchange, which is headed by the more-renowned Winklevoss Twins, confirmed today that it will be providing Bitcoin and Ethereum trading services to Singaporean and Hong Kong users. The decision, according to the company, is “a critical milestone in Gemini’s pursuit of building a global next generation digital asset exchange.” While Gemini is already....
Bank of America’s analyst says that Solana could take market share away from Ethereum. Noting that Solana is optimized for micropayments, gaming, and non-fungible tokens (NFTs), the analyst expects “Solana could become the Visa of the digital asset ecosystem.”
Bank of America on Crypto, Ethereum, and Solana
Bank of America (BOFA) analyst Alkesh Shah published a research note on cryptocurrency this week arguing that Solana could take market share away from Ethereum.
The Bank of America analyst described that Solana “produces a....