Solana, Anchorage and Ore
Upgrading ORE
Starting today, you can now upgrade OREv1 tokens to v2.
Read on to learn how.
— Hardhat Chad (@HardhatChad) August 2, 2024
$115,237.00
-2.93%$3,664.40
0.86%$3.08
-0.66%$764.42
-0.28%$178.17
-4.25%$0.9999
-0.00%$0.226001
-4.21%$3,661.48
1.03%$0.314835
1.90%$0.791947
-1.12%$115,266.00
-2.84%$4,423.20
0.86%$42.34
-0.92%$0.413797
-1.53%$3.67
-1.01%$17.62
-1.58%$3,937.20
0.78%$528.46
4.42%$3,929.10
1.03%$0.238268
-1.57%$23.21
-1.60%$112.88
-0.48%$8.96
-0.51%$3,669.23
1.05%$0.00001336
-1.15%$3.11
-0.48%$0.999988
-0.01%$1.001
-0.02%$1.00
-0.03%$43.27
-2.28%$10.17
0.72%$115,299.00
-2.81%$3.95
-1.36%$324.66
2.36%$4.48
-1.85%$0.00001205
-3.80%$289.13
0.61%$0.129452
3.11%$1.19
-0.01%$411.63
-2.34%$0.53663
15.35%$0.439903
-0.50%$21.97
-2.69%$2.70
0.22%$1.007
0.27%$4.68
0.63%$5.43
-0.68%$47.57
-1.81%$217.05
-4.32%$0.00003401
-2.92%$0.096603
-2.94%$0.740451
-1.82%$1.00
0.00%$0.03705855
-7.63%$0.257313
-0.70%$3,669.26
0.84%$0.429928
0.48%$1.001
-0.02%$0.02490594
1.46%$4.61
-0.42%$17.48
0.70%$4.02
-0.09%$0.229289
0.43%$1.12
-1.35%$9.82
-0.67%$4.50
0.18%$0.722729
-2.75%$0.319335
0.73%$0.084783
-1.03%$189.27
-4.28%$2.57
-0.83%$1.06
-0.02%$119.07
-0.01%$4,176.11
0.99%$1.77
0.14%$115,213.00
-2.70%$3,842.52
1.09%$0.531035
-1.70%$0.02249244
0.40%$4.99
-1.47%$12.01
-1.28%$5.15
-1.23%$0.999642
-0.04%$1.048
6.52%$0.087094
3.30%$0.999672
0.21%$3,857.30
0.92%$0.999561
-0.15%$3,928.81
1.23%$1.36
-4.92%$1.86
1.24%$3,962.91
0.95%$1.31
-0.41%$13.42
-1.37%$1.00
-0.03%$0.00012702
-0.37%$3,856.93
1.04%$0.694111
1.69%$0.761174
-5.37%$115,236.00
-2.75%$200.31
-4.16%$0.328691
-1.14%$1.047
-3.28%$0.539316
-0.76%$764.96
-0.36%$0.101098
-1.31%$1.00
0.04%$1.52
-4.29%$1.065
-0.80%$3,354.42
-0.53%$0.359143
-7.84%$0.161054
-1.22%$0.180052
-1.84%$115,402.00
-2.67%$27.67
-0.75%$1.11
-0.02%$0.865768
-2.96%$0.00255035
-16.69%$2.62
0.29%$115,926.00
-2.47%$233.55
-4.20%$0.560948
-2.31%$3,656.96
1.00%$0.850227
-0.96%$0.998948
-0.07%$3,339.25
-0.89%$0.01662739
-2.76%$3,667.00
0.95%$0.199814
-0.49%$2.93
-2.53%$3,920.19
0.86%$0.01697729
-1.67%$9.64
32.07%$0.876142
-1.68%$3,754.06
-0.93%$0.295762
-0.72%$4.34
-0.13%$0.123761
-1.40%$111.92
0.01%$1.93
-4.11%$1.092
0.19%$0.570451
15.31%$0.998059
-0.13%$0.999648
-0.01%$0.00000067
-1.35%$115,456.00
-2.49%$39.53
-2.01%$0.398482
-0.98%$3,667.67
0.97%$3.33
-3.29%$0.365645
-19.63%$0.0087402
1.07%$1.87
-0.05%$0.306885
-0.22%$0.424558
-2.67%$0.226327
-4.35%$0.997838
-0.00%$0.00000147
3.32%$3,899.57
1.21%$28.12
0.68%$0.999786
-0.03%$115,795.00
-2.26%$115,224.00
-2.82%$3,667.56
0.93%$0.544511
-2.07%$0.00589823
-7.73%$0.075076
1.36%$0.999917
-0.03%$0.054281
-0.46%$0.53146
-4.45%$4,041.44
0.99%$0.0153339
-3.39%$0.642353
-0.74%$1.45
0.81%$42.33
-1.18%$0.999869
-0.11%$0.00838696
-1.35%$4,000.34
0.89%$7.32
-0.71%$0.404102
-0.30%$1.16
-0.01%$1.13
1.81%$0.129054
1.11%$0.613914
0.30%$0.00000046
2.34%$6.40
-1.87%$15.83
-3.14%$4,437.84
1.05%$47.46
-2.04%$0.97204
4.27%$3,648.03
0.73%$0.00002179
-0.82%$10.76
0.01%$0.171973
-1.09%$0.39266
-1.06%$0.9999
-0.00%$3,664.90
0.93%$0.41752
10.34%$1.32
1.54%$7.29
0.62%$2.50
-0.08%$1.094
-0.01%$0.196273
-5.75%$5.02
4.60%$0.998013
-0.14%$0.00784625
1.58%$13.53
-0.19%$0.04085322
-0.74%$0.054716
0.65%$1.00
0.00%$1.002
0.32%$42.15
-1.13%$23.19
-1.65%$0.081821
1.29%$0.273416
-0.80%$0.564289
-1.59%$141.69
-0.38%$194.99
-4.34%$0.03710861
1.24%$1.33
-1.51%$28.19
-1.77%$0.550445
-0.60%$22.08
0.11%$0.01883571
3.21%$0.00520017
4.59%$0.00358403
1.63%$0.360425
-5.01%$0.00412926
8.46%$0.03298243
2.22%$0.134907
-4.99%$115,547.00
-2.44%$0.769303
0.99%$0.00006135
-0.48%$115,233.00
-2.85%$0.736824
-2.55%$0.816377
9.40%$0.228919
0.47%$0.786834
0.42%$0.00000077
-3.70%$0.00385819
0.87%$0.322094
4.63%$0.999572
-0.02%$3,847.24
1.04%$1.32
-2.41%$4,128.73
0.87%$0.997992
-0.02%$1.002
0.11%$0.084383
-2.90%Reading
The Solana price has shot up by double digits overnight, as meme coins built on its blockchain surged.
Per data from CoinGecko, SOL is currently trading at $153.50, up 11.8% on the day—though it remains down by over 16% on the week following Monday's spectacular crypto crash.
In the past day, $9 million worth of SOL short seller positions have been wiped from the derivatives market, according to Coinglass data. Together with long positions, SOL futures traders have seen nearly $14 million worth of open contracts get liquidiated in the past day.
Solana's rebound comes as meme coins built atop its blockchain surged overnight. Per CoinGecko, the Solana meme coins category is up by around 35% on the day, as is the pump.fun ecosystem, referring to coins created using the Solana-based meme coin factory.
Leading gainers within the Solana meme category include Dogwifhat (WIF), up 27.8%, BONK, up 7.5% and Popcat, up 36.1%.
Solana has also been boosted by reports that crypto bank Anchorage plans to add support for SOL-based tokens that follow its Solana Program Library (SPL) token standard, including the USDC stablecoin, Helium (HNT), Wormhole (W), Pyth (PYTH) and Metaplex (MPLX).
Transaction volume on the Solana chain has jumped as users submitted over 5 million transactions in a bid to acquire Ore, a cryptocurrency that aims to mimic Bitcoin's proof-of-work mining algorithm, but running as a program atop Solana's blockchain.
"Rather than setting up every miner in a winner-take-all competition against one another, Ore gives each miner their own personalized computational challenge," the project explains on its website. "As long as you provide a valid solution to your own individual puzzle, Ore guarantees your will earn a piece of the supply."
Upgrading ORE
Starting today, you can now upgrade OREv1 tokens to v2.
Read on to learn how.
— Hardhat Chad (@HardhatChad) August 2, 2024
Some 13% of transactions per block are currently Ore mining transactions, following the launch of the project's version 2 upgrade earlier this week.
Edited by Stacy Elliott.
The U.S. money supply has climbed to a record high, but crypto markets continue to extend their decline, moving against a tide of rising liquidity. The M2 money supply in the U.S. surged 4.5% year-over-year in June to a record $22.02 trillion, the Kobeissi Letter wrote in a tweet on Thursday. The broad measure of money in circulation often correlates with asset prices, as increased liquidity tends to flow into markets, driving up inflation and valuations along with it. So what gives? Derek Lim...
BlackRock’s iShares Ethereum Trust (ETHA) has topped $10 billion in assets, marking the third-fastest ascent to that milestone in ETF history, Bloomberg data shows, in a sign of surging investor appetite for Ethereum. ETHA needed just 251 days to reach this threshold, less time than all but the iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fundspot Bitcoin funds, which needed just 34 days and 53 days, respectively. The fund doubled in size over 10 days ending Wednesday, adding $5...
Crypto entrepreneur and billionaire Mike Novogratz thinks that Ethereum has the ability to outperform Bitcoin over the next few months. During a Thursday interview with CNBC, the CEO of digital assets infrastructure company Galaxy said that institutional interest could push the second-biggest cryptocurrency higher after a recent surge. Ethereum—or ETH—was recently trading at nearly $3,730 per coin, according to crypto data provider CoinGecko, after hitting a 2025 record of $3,848 on Monday. The...