
April 18th, 2025
SUI has demonstrated an impressive surge over the last couple of days, taking the token’s price to a new ATH.
OpenSea NFT marketplace is currently developing a 2.0 upgrade to enable users to seamlessly track digital collectibles from different blockchains.
In addition to the increasing developer activity on the Solana network, SOL has shown signs of recovery after a recent period of struggle.
The frenzy began when the Solana network gained more attention, and the Bonk token rallied for several weeks, leading to its listings on major exchanges such as Binance and Coinbase.
The acquisition of Solscan by Etherscan comes at a time when activities on the Solana ecosystem garnered interest from crypto traders due to the resurgence of meme tokens.
In terms of regional search, Google Trends revealed that countries such as Spain and the Philippines took the lead. People in these nations recorded more users searching for the term Solana than Ethereum.
The recent gains of Ether mean that its price is now up 15% in one month compared to SOL’s 82%.
Thunder Terminal successfully thwarted a $240,000 exploit targeting 114 wallets, ensuring user funds’ security. The incident involved an attacker gaining access to a MongoDB connection URL, executing withdrawals on behalf of users.
Bitcoin holds the losses at $42,000 as investors await the approval of spot Bitcoin ETF which is around the corner. The level of interest in Bitcoin post the ETF approval remains uncertain.
Following a spike in demand, Solana has canceled some orders of Saga mobile phones due to shortages. Demand rose due to the free 30 million BONK tokens that come with the phone.
During the recent rapid surge in Solana’s value, significant players appear to have been offloading their holdings.
The overall crypto market cap was close the $1.7 trillion mark on Wednesday, signaling that more money might be flowing into the crypto industry.
The price of SOL has continued its upward movement, bearing the $80 level and taking XRP’s position as the fifth-largest crypto.
Analysts at Messari also have high hopes for SOL. The digital asset has recently made a resurgence after the FTX collapse, prompting massive selloffs of the token.
Elastos aims to use BeL2 to allow users to stake their Bitcoin holdings directly on the service.