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news-imageJanuary 6, 2025

Solana Back Above Weekly & Monthly Support Levels – Analyst Expects New ATH

Solana is currently trading above key demand levels, showcasing resilience after weeks of market uncertainty. However, the altcoin is yet to confirm a breakout from the daily downtrend that began in late November.
Publisher: NewsBTC
Sentiment: Positive
SOL

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cover-imageCoingape
January 8, 2025

Canadian Firm Sol Strategies Announces Strategic Investment In Solana

Toronto-based Sol Strategies Inc. has announced a CAD $25 million investment in the Solana ecosystem to bolster its position as a leading player in blockchain staking operations and acquisitions. Sol Strategies Strategic Investment In Solana Sol Strategies, a Canadian publicly traded company, has promised CAD $25 million to the Solana ecosystem through an unsecured revolving

Positive
cover-imageCryptopolitan
January 7, 2025

Financial giant SBI Group to back Solana NFT campaign in Japan

Massive Japanese financial and biotech conglomerate SBI Group has signed an agreement with Solana Superteam Japan, a community promoting the growth of the trending blockchain in the country, to give out an exclusive NFT (non-fungible token) to SBI Web3 Wallet customers. Solana-based NFTs are currently dipping as of 7:00 a.m.

Positive
cover-imageCryptonews
January 7, 2025

Sol Strategies Secures CAD $25M Credit Facility for Solana Investments

Sol Strategies, a Canadian holding company focused on the Solana blockchain, has drawn $4 million from its amended CAD $25 million unsecured revolving credit facility. The funds will be used for large-scale Solana token acquisitions, supporting DeFi protocols, validator operations, and new projects within the Solana ecosystem. The post Sol Strategies Secures CAD $25M Credit Facility for Solana Investments appeared first on Cryptonews.

Positive
cover-imageThe Currency Analytics
January 7, 2025

Solana Poised for 15% Surge: Key Resistance Levels Ahead

Solana (SOL) is currently at a pivotal moment, where breaking key resistance levels could potentially set the stage for a major upward move. While Bitcoin remains below $100K, Solana is showing signs of strength, and investors are wondering whether this momentum could carry the price up by as much as 15% this month.

Positive
cover-imageCrypto Economy
January 7, 2025

Solana Proposes New Hashing Function to Improve Blockchain Efficiency

TL;DR Solana has proposed SIMD-215, a new lattice-based homomorphic hashing system to optimize account verification. The proposal aims to address the “state growth” issue by enabling incremental updates instead of recalculating the entire account state. This system will replace Merkle-based hashes, improving the network's scalability and efficiency.

Positive
cover-imageCrypto Economy
January 7, 2025

Solayer Publishes InfiniSVM Litepaper: A Leap for Solana Ecosystem

TL;DR InfiniSVM, a hardware-accelerated blockchain solution based on the Solana Virtual Machine, promises a transaction confirmation time of just 1 millisecond. Solayer, with nearly $400 million in total value locked, is developing its own blockchain to enhance Solana's scalability and meet the demands of high-performance applications.

Positive
cover-imageAltcoin Buzz
January 7, 2025

Grayscale Adds AI & Solana Tokens to 2025 Watchlist

Grayscale, one of the biggest names in crypto asset management, recently publicized their top tokens for 2025, and as expected, the list is making waves within the crypto community. Grayscale's list shows its focus on emerging trends like artificial intelligence (AI) and the Solana ecosystem.

Positive
cover-imageThe Currency Analytics
January 6, 2025

Solana Enhances Blockchain Security with New Quantum-Resistant Feature

Solana, one of the fastest-growing blockchain networks, has introduced an innovative security feature designed to safeguard digital assets from the power of quantum computers. This new feature, called the Winternitz Vault, aims to provide additional protection for users' funds while maintaining the blockchain's high performance.

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