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news-imageNovember 13, 2024

LayerZero Enables PayPal USD Stablecoin Transfers Between Ethereum and Solana

The PayPal USD (PYUSD) stablecoin now uses LayerZero's Omnichain Fungible Token (OFT) Standard to enable transfers between the blockchain networks Ethereum and Solana. This integration enables fast, secure and cost-effective transactions for both users and businesses, the companies said in a Tuesday (Nov. 12) press release.
Publisher: PYMNTS
Sentiment: Positive
ETH
SOL

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Negative
cover-imageThe Currency Analytics
February 23, 2025

Solana Faces Bearish Trends and Token Unlocks

Solana (SOL) has been grappling with significant challenges in recent weeks, from a steep drop in its token price to falling network activity. As the ecosystem braces for upcoming token unlocks, many are left wondering if further declines are on the horizon for one of the most talked-about cryptocurrencies.

Positive
cover-imageThe Currency Analytics
February 22, 2025

Ethereum's Market Shift: Signs Pointing to a Potential Price Surge

Ethereum (ETH) appears to be positioning itself for a significant market move, but the question remains: In which direction will it go? Recent market developments, including major shifts in Ethereum's exchange netflows and changes in its Futures Open Interest, have raised discussions about the token's potential for recovery.

Positive
cover-imageBitcoin
February 22, 2025

NFT Market Revives: 11.6% Weekly Leap as Ethereum Outpaces Rivals

The non-fungible token (NFT) market exhibited a noticeable resurgence in transactional activity from Feb. 15 to 22, with digital collectible purchases climbing 11.60% above the preceding week's totals. NFTs Rebound: 64% Buyer Spike and 49% Seller Expansion Figures from cryptoslam.io indicate $148.18 million in NFT exchanges during this period, alongside a 64.

Negative
cover-imageCoingape
February 22, 2025

Ethereum Community Split Over Onchain Rollback Amid Bybit Hack

As Bybit picks up the pieces from its jarring security breach, the Ethereum (ETF) community has been buzzing with speculation over the network's future. One side of the divide makes a case for a blockchain rollback designed to eliminate malicious transactions, while the purists argue that the move will “kill” Ethereum's credibility.

Positive
cover-imageThe Motley Fool
February 22, 2025

This 1 New Cryptocurrency Category Could Send Solana to $300 or More

With the price of Solana (SOL 1.13%) falling to nearly $163 on Feb. 18, investors are right to assume it'll take a powerful cocktail of catalysts and new tailwinds to send its price back up toward $300. Something like a totally new category of cryptocurrency investments finding its home on the chain would probably do the trick.

Positive
cover-imageThe Currency Analytics
February 22, 2025

Solana (SOL) Recovery Signs as Bearish Trend Eases

Solana (SOL) has been facing significant headwinds over the past month, with its Total Value Locked (TVL) dropping to a low of $9.90 billion, the lowest since November 2024. However, there are signs that the bearish trend may be losing steam, as the blockchain platform experiences a slight recovery.

Negative
cover-imageThe Motley Fool
February 22, 2025

Should You Buy the Solana Dip Right Now?

With the price of Solana (SOL -3.48%) down by 36% in the last 30 days alone and the blockchain rocked by several high-profile scandals and outright scams, investors are wondering whether there's a juicy opportunity to buy the dip here -- or whether the digital coin's glory days are firmly in the past.

Neutral
cover-imageThe Motley Fool
February 22, 2025

Better Cryptocurrency to Buy With $1,000: Solana vs. Cardano

Solana (SOL -2.56%) and Cardano (ADA -4.02%) are two cryptocurrencies that are quite similar in terms of their capabilities, objectives, and target users, but they're quite different in terms of their merits as investments. Both were designed to beat the royalty of the cryptocurrency market, specifically Ethereum, but only one can really be said to have succeeded.

Negative
cover-imageThe Currency Analytics
February 22, 2025

North Korean Hackers Steal $1.46B in Ethereum from Bybit

Bybit, one of the leading cryptocurrency exchanges, has fallen victim to a massive hack, resulting in the theft of $1.46 billion worth of Ethereum and other ERC-20 tokens. This cyberattack, which targeted Bybit's cold wallet, has been linked to the notorious North Korean hacking group, Lazarus.

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