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
$117,900.00
3.83%$2,989.87
5.84%$2.80
11.80%$693.28
2.43%$163.82
2.15%$0.999955
0.00%$0.208682
11.57%$0.301141
3.37%$2,987.44
5.82%$0.729626
11.17%$46.43
7.87%$117,450.00
3.67%$3,612.16
6.05%$3.47
1.23%$0.373422
24.10%$536.29
5.08%$15.66
6.14%$21.18
6.29%$0.201044
9.70%$9.04
-0.30%$3,202.87
5.93%$0.00001371
6.72%$2.99
3.11%$2,990.06
5.83%$96.33
3.51%$0.999917
0.00%$46.68
-0.09%$1.001
0.02%$4.03
8.06%$331.35
1.93%$117,821.00
3.95%$0.00001292
10.46%$0.99982
-0.16%$8.83
6.42%$4.51
0.58%$306.60
0.01%$401.25
9.99%$0.488078
-0.46%$5.05
6.84%$2.60
6.68%$0.103118
7.67%$1.18
0.12%$49.26
0.96%$5.50
4.48%$0.913025
4.68%$198.72
1.98%$18.69
4.43%$1.00
0.00%$0.089819
6.56%$0.349795
14.69%$1.00
-0.03%$4.75
6.72%$1.059
0.03%$0.02483133
5.70%$0.235663
10.10%$0.625992
3.84%$0.417495
11.12%$10.16
6.27%$0.227369
12.18%$16.37
1.99%$3.76
6.98%$0.742699
3.38%$4.45
0.10%$1.095
10.67%$0.337799
17.45%$2,990.96
5.83%$2.64
4.40%$0.0000232
2.18%$0.08156
-0.97%$117,725.00
4.04%$115.31
3.54%$1.71
10.32%$4.74
1.64%$173.71
2.22%$0.504757
8.04%$0.02376299
28.56%$11.50
2.29%$0.999828
0.03%$0.998548
-0.14%$2.04
16.87%$3,130.59
5.77%$3,407.54
5.88%$1.00
-0.06%$4.56
33.61%$1.30
5.60%$1.28
1.66%$12.82
12.42%$0.689214
10.61%$0.771034
77.32%$0.01719582
3.96%$0.073463
2.40%$0.368842
11.43%$0.766748
7.28%$1.78
6.08%$3,197.51
5.98%$3,140.83
5.84%$117,440.00
3.67%$13.46
7.13%$1.00
-0.01%$1.016
0.88%$3,151.58
5.95%$1.001
0.04%$0.099654
6.61%$0.523686
10.22%$0.00010031
4.80%$1.11
-0.00%$117,631.00
3.82%$0.160563
3.63%$3,348.88
0.72%$694.05
2.52%$119,091.00
5.12%$0.64621
11.13%$3,228.69
5.74%$0.554881
4.22%$0.999452
-0.02%$2.53
4.60%$183.78
2.16%$3,348.27
0.81%$0.817899
7.16%$213.66
2.02%$0.01764699
9.31%$0.865964
6.86%$2.82
8.66%$0.193435
9.59%$22.47
7.70%$10.74
0.01%$0.0150709
9.87%$0.29556
6.95%$111.75
0.01%$43.33
4.03%$2.00
5.40%$0.119923
9.47%$0.807852
7.26%$0.998253
-0.05%$2,990.22
5.90%$4.07
3.35%$0.00000068
5.42%$46.49
7.73%$0.00000171
21.36%$0.25135
8.16%$3,196.44
5.99%$0.613966
6.61%$1.088
0.44%$3,159.82
7.14%$117,130.00
3.69%$0.00915272
1.00%$117,478.00
3.64%$0.384655
6.51%$2,989.42
5.82%$0.314835
8.21%$0.999237
-0.01%$0.549922
15.16%$0.01700869
19.19%$0.997863
0.02%$0.05876
8.10%$0.414565
2.19%$0.563339
7.52%$0.561843
39.30%$117,774.00
3.76%$1.73
4.66%$1.55
6.49%$0.682017
5.83%$2.93
16.45%$0.150261
15.71%$0.208488
11.62%$46.47
7.71%$26.71
3.52%$0.999711
-0.04%$2,989.64
5.85%$0.098044
16.64%$0.998553
-0.13%$0.00490982
6.76%$0.0082171
3.79%$0.629779
7.61%$1.001
-0.06%$3,179.93
5.90%$0.222677
0.23%$0.418611
2.49%$48.00
4.48%$0.999907
0.00%$1.20
4.47%$6.33
5.22%$0.00000045
1.59%$0.062162
1.33%$7.76
0.05%$15.57
5.73%$1.41
7.84%$0.31384
37.76%$0.365711
8.57%$3,300.22
5.90%$6.57
10.48%$0.170251
-0.02%$0.058876
8.90%$0.00002123
5.77%$2.54
7.58%$0.00453899
8.89%$1.094
0.05%$1.011
1.34%$1.70
8.25%$117,577.00
4.18%$0.154947
3.67%$0.04103895
6.03%$3,271.65
5.83%$0.553128
4.49%$1.00
-0.23%$2,993.22
6.18%$0.08173
14.73%$0.378963
9.84%$2,988.18
5.81%$0.00715589
4.79%$0.382467
9.55%$0.999866
-0.01%$1.25
5.19%$0.899244
14.76%$0.03670992
3.72%$2,991.07
6.22%$117,637.00
3.91%$0.00006446
4.58%$0.01839396
3.76%$0.533533
4.08%$178.59
1.80%$0.23598
10.51%$21.00
1.73%$0.76074
3.43%$128.28
6.39%$3,616.45
6.01%$1.23
3.50%$11.32
5.01%$25.79
6.33%$0.999807
-0.01%$0.00383597
6.30%$0.766687
3.64%$0.317316
5.49%$0.999598
0.04%$0.0045483
7.87%$1.001
0.07%$21.22
6.34%$0.999619
-0.00%$0.00358535
12.08%$0.669014
7.29%$0.03027565
6.59%$1.00
-0.07%$117,980.00
3.91%$2,367.19
3.75%$3,136.43
6.34%$1.02
-0.06%$0.114112
7.31%$6.83
4.87%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.