ADGM Partners with Solana (SOL) Foundation to Boost Blockchain Innovation

Abu Dhabi Global Market (ADGM) has partnered with the Solana Foundation to advance distributed ledger technology (DLT) within its regulatory framework, marking a significant step in fostering blockchain innovation in the region.

Timeline of Solana

Solana (SOL) token holders have something to smile about today. SOL is showing strength, rebounding above the $100 level after a five-hour network outage two days ago had investors worried that a deeper pullback would follow.

Matthew Sigel, head of digital assets research at Vaneck, revealed that there is speculation around the cause of the latest Solana outage, which stopped its blockchain by five hours. Sigel explained that the bug that created this service interruption was related to the Berkley Packet Filter (BPF) and that it might have been manually triggered.

A Solana (SOL) trader has achieved what many in the digital currency world can only dream of in an astonishing display of cryptocurrency market acumen. Leveraging a mere 18 SOL (approximately $1,758), the trader managed to rake in a staggering 7,197 SOL, equating to around $703,000, in just five hours, marking a monumental 400 times gain on their initial investment.

A Solana (SOL)-based altcoin rallied by more than 42% this week amid news that Binance is adding spot trading support for the digital asset. Pyth Network (PYTH) is an oracle network that aims to provide real-time financial data to smart contracts and decentralized applications (DApps).

The host of the InvestAnswers YouTube channel believes that one crypto project running on the Solana (SOL) network will go on a bullish rampage. The InvestAnswers host tells his 472,000 YouTube subscribers that the decentralized exchange (DEX) aggregator Jupiter (JUP) could surge by “somewhere between a 4x and an 8x to be conservative.

In dissecting the recent price behavior of smart contract platform Solana ($SOL), a popular cryptocurrency strategist known or accurately calling the cryptocurrency market bottom in 2018, has suggested he would gain interest in the cryptocurrency again when it gets to the $low $70s.

OpenSea, a prominent NFT marketplace, is currently developing a platform upgrade known as OpenSea 2.0. According to Devin Finzer, the CEO, this upgrade aims to enhance user experience and better differentiate NFT categories as their use cases continue to evolve.

Top Altcoins: Bitcoin ETFs experienced a remarkable debut when they started trading on Thursday, January 11. Following their approval, these ETFs rapidly drew in close to $1.5 billion in fresh capital, with around 500,000 transactions in just two days.

Solana (SOL) could well be on course to continue its remarkable run from 2023, going by a recent analysis by crypto analyst Ali Martinez. The analyst laid out a certain condition that could see SOL rise to as high as $150 soon enough.

The latest dog-themed meme coin on Solana (CRYPTO: SOL) reporting explosive growth. What Happened: Myro is up 35% in the last 24 hours and a stunning 101.2% in the last seven days.