$97,605.00
0.44%$1,855.76
-0.41%$2.23
-0.66%$601.37
-0.29%$150.76
-1.06%$0.999942
-0.01%$0.183173
0.49%$0.709672
0.35%$0.24718
-0.10%$1,853.79
-0.48%$97,562.00
0.39%$3.46
-6.66%$14.91
-0.20%$21.55
0.17%$0.276875
-0.76%$8.93
-0.34%$0.00001363
-0.33%$0.187768
-1.66%$3.17
-1.91%$0.999961
-0.00%$2,232.86
-0.06%$381.96
4.01%$21.31
5.63%$88.84
-0.47%$4.22
0.81%$290.98
5.53%$1,855.56
-0.36%$4.47
1.51%$1.00
-0.09%$1.001
0.05%$29.21
-0.49%$1,981.81
-0.04%$0.593645
-3.03%$97,565.00
0.35%$0.00000886
-0.39%$5.49
-1.28%$376.52
1.40%$5.31
-1.43%$2.60
0.65%$51.68
-0.42%$1.05
-0.00%$0.923636
0.69%$1.00
0.00%$177.65
0.93%$21.76
-0.65%$5.00
0.78%$17.25
1.60%$12.82
-1.43%$0.098258
3.33%$31.71
-0.29%$4.88
5.49%$0.091517
1.41%$0.738077
-0.42%$0.02767722
1.29%$1.00
-0.20%$0.23892
-1.86%$1.17
-0.03%$4.45
0.26%$97,579.00
0.87%$0.219633
-2.51%$2.83
0.40%$0.717685
-4.35%$4.29
0.02%$0.566332
-4.50%$0.316889
-2.93%$2.64
-3.56%$0.341545
-0.07%$4.16
-0.43%$97,426.00
0.17%$0.00001901
-2.06%$0.998679
0.07%$1.036
-3.30%$10.80
-0.37%$0.460195
-0.29%$1,551.86
1.90%$0.836588
-0.86%$1.25
-0.35%$157.87
-0.85%$83.76
7.76%$0.077595
0.23%$1.86
7.72%$0.718332
-2.62%$1.18
-2.65%$0.63953
6.70%$0.221933
-0.46%$0.742709
8.19%$1,855.09
-0.61%$4.08
-1.42%$0.0174222
-3.49%$1,934.44
-0.42%$1.00
-0.00%$10.39
-0.22%$0.736753
2.29%$0.100423
0.85%$0.999898
0.02%$0.999996
-0.17%$601.11
-0.46%$2,104.87
-0.18%$2.97
1.36%$0.00008624
-2.53%$0.01706349
-0.52%$0.218312
3.11%$1.00
-0.00%$3,250.13
0.60%$39.67
4.17%$194.33
-0.87%$0.786797
-0.30%$0.873525
0.55%$0.01234324
13.86%$97,672.00
0.55%$3,250.67
0.51%$166.60
-0.95%$0.763868
-0.24%$0.01710844
-0.72%$97,309.00
-0.08%$13.15
-0.04%$96,986.00
0.17%$0.305352
0.63%$0.596309
-9.26%$0.123605
4.77%$3.89
-1.78%$0.00000072
0.29%$1,975.82
-0.27%$0.066482
-1.35%$2.06
-1.73%$0.997522
-0.03%$0.40778
-0.24%$19.11
0.62%$0.627709
-1.49%$0.999141
0.05%$2.95
-1.33%$0.320518
0.37%$1,943.48
-0.20%$0.569626
0.32%$1.10
-0.14%$0.01753093
-2.65%$36.52
2.52%$1.81
-3.65%$3.60
1.41%$0.684473
-4.45%$0.151869
0.39%$0.580614
1.08%$0.00952187
3.88%$0.00579287
2.53%$0.999901
0.39%$7.89
8.98%$0.438557
-2.79%$0.652997
-0.79%$98,398.00
0.49%$17.74
-0.72%$97,529.00
0.11%$0.999102
0.00%$1,939.51
-0.30%$0.197202
-5.15%$0.193346
-5.30%$0.066705
-2.44%$0.436481
-0.93%$0.183018
0.33%$1.33
-7.79%$0.999901
-0.01%$93,707.00
-1.74%$0.00002289
2.46%$97,423.00
0.11%$0.144185
-1.84%$110.89
0.01%$6.23
0.49%$0.544111
0.73%$1.57
-0.26%$1,856.20
-0.19%$0.0080119
-7.85%$2.60
1.68%$1.69
0.42%$0.435899
-7.99%$0.00000042
0.12%$3.46
-1.25%$0.079453
-1.41%$1.085
-0.01%$0.04250571
0.60%$1.001
-1.27%$0.088094
-1.77%$1,855.54
-0.41%$1,975.31
-0.21%$0.239053
-1.86%$0.196147
2.47%$0.00555274
21.46%$1.44
4.62%$1,855.33
-0.58%$0.382862
-0.81%$41.51
2.54%$33.58
1.75%$0.03683011
-3.18%$21.97
1.27%$0.380544
0.13%$0.566381
-0.23%$1,853.80
-0.13%$1.001
0.46%$0.00415797
-0.06%$0.132703
-0.46%$0.00006356
2.61%$0.313553
4.43%$0.342639
19.72%$0.822578
1.88%$0.01780072
-0.29%$1,894.56
-0.01%$0.746598
-0.73%$0.740288
4.06%$1.00
-0.03%$1.00
-0.05%$1.00
0.01%$1.00
0.18%$97,467.00
0.42%$2.73
-2.06%$0.00301083
0.60%$0.242387
0.06%$1,845.45
-0.24%$114.38
0.04%$21.25
5.79%$0.00000145
-0.63%$23.75
1.06%$0.209298
-0.57%$21.55
0.28%$0.03382591
8.79%$0.493076
-0.25%$97,114.00
-0.30%$0.136082
-3.07%$3.47
-0.77%$0.0031158
7.67%$0.999124
0.03%$1,965.92
-0.33%$1.00
0.02%$0.272202
-0.00%$3,233.49
0.53%$2.84
-1.08%$0.535482
0.26%$0.03809921
-0.05%$1,961.62
0.57%$3.20
4.30%$0.00350566
0.09%$15.85
-0.01%$0.977456
-0.92%$0.01316591
-0.07%$1.097
-0.01%$0.109297
-1.74%$0.00000064
-0.38%$0.00244803
-7.98%$2,035.88
-0.38%$0.725104
-1.03%$2,021.67
-0.31%Reading
The crypto market is in the red this morning amid continued wider economic turmoil, and top coins like Bitcoin and Ethereum are both down today alongside much of the market. But Solana has taken an even harder hit, dropping to a four-month low.
Solana (SOL) is down about 5% over the last 24 hours, dipping to a current price of $29.70. It fell as low as $28.35 earlier this morning, per data from CoinGecko—the lowest price registered since June 13, when SOL hit $28.19. As of this writing, SOL is gradually climbing back towards the $30 mark. The wider crypto market is down less than 3% today.
Today’s dip has extended recent losses for Solana investors, with SOL now down 13% over the past seven days and 20% during the past month.
Leading cryptocurrencies in Bitcoin and Ethereum continued to dip following the release of the U.S. Bureau of Labor Statistics consumer price index (CPI). The index is often used as a barometer for measuring inflation throughout the American economy. It tracks the rate of change for prices in things like gasoline, used cars, apparel, and other items. The biggest cryptocurrency by market capitalization was trading for $18,350 at the time of writing, a 24-hour drop of 3.7%. The asset had already e...
More dramatically, SOL is down 80% from one year ago and is 89% off its peak price set last November when both Solana and the wider crypto market were surging to new heights. Solana was worth more than $100 per coin as recently as April 23.
SOL is the native cryptocurrency of Solana, a layer-1 blockchain network used for decentralized apps and games, as well as DeFiDeFi and NFTs. The so-called “Ethereum killer” has gained prominence due to its ability to handle faster and cheaper transactions, plus it had a much smaller environmental impact prior to Ethereum’s recent switch to proof of stake.
But while Solana has found favor among many Web3Web3 builders and users, it has also faced challenges while scaling. Solana’s network has gone offline three times so far in 2022—most recently on September 30—with five total major outages reported to date. At other times, the network has struggled to process transactions without going totally offline.
Solana’s developers, including the founding team at Solana Labs, have rolled out a number of network upgrades in recent months to try and stabilize the network. Additionally, Jump Crypto and the Solana Foundation are developing a second validator client to help keep the network upright, should the current validator software fail again in the future.
Solana has had a year of amazing growth—but also multiple network outages. Co-founder Anatoly Yakovenko joined Dan Roberts and Stacy Elliott on the gm podcast to talk about the outages, what's next for Solana at its upcoming Breakpoint event, how it competes with Ethereum, how long he expects the bear market to last, what's happening with NFTs on Solana, and much more. Watch and make sure to subscribe to the gm podcast on Apple or Spotify.
On the latest episode of Decrypt’s gm podcast, Solana co-founder Anatoly Yakovenko said that the outages are “the biggest challenge for us, and the number one priority.” He described the second validator client, called Firedancer, as a “long-term fix” to aid in network stability.
Bitcoin’s dominance of the cryptocurrency market reached 64.89% today, its highest level since January 2021, as the price of Bitcoin topped $97,000 Friday morning. BTC’s dominance—its capitalization as a percentage of the entire market’s cap—has risen from around 57.90% at the start of the year, according to TradingView data. It had dropped to 55% by early December, as euphoria following Donald Trump’s election victory pushed altcoin prices to new highs. Yet this positive sentiment turned to fea...
Crypto funds issuer Canary Capital has applied for the first exchange-traded fund based on the performance of SEI, the token of the Sei layer-1 blockchain, according to a filing with the U.S. Securities and Exchange Commission on Thursday. The Canary Staked Sei ETF includes staking, allowing investors to earn extra yield on their investment. “The Trust’s investment objective is to…..provide exposure to the price of Sei held by the Trust,” the filing said. “A secondary investment objective is for...
Crypto influencers with major reach on X (formerly known as Twitter) have the opportunity to claim hundreds of thousands of dollars worth of tokens from Boop.fun, a new token launchpad and Pump.fun competitor on Solana—but they have to launch a token to do so. The platform’s launch and airdrop mechanism has generated a lot of attention among crypto participants, but created an ethical and moral dilemma for some users in the process. “If you were offered a $200,000 airdrop to launch a token, wo...
