Solana launches $100M fund to attract crypto projects from South Korea

Solana Ventures and Solana Foundation have raised a $100 million investment fund for crypto projects in South Korea, weeks after Terra's network collapse left many crypto projects in the country in a state of limbo. The post Solana launches $100M fund to attract crypto projects from South Korea appeared first on CryptoSlate.

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Solana Ventures and the Solana Foundation have launched a $100 million investment and grant fund to bolster the growth of South Korean web3 startups building on the Solana ecosystem, a report revealed on Wednesday. Solana Launches $100M for Web3 Startups The investment fund, which is aimed at supporting the growth of gaming studios, GameFi, NFTs, and decentralized finance (DeFi), is backed by capital from Solana Ventures and the project's community treasury.

Solana developers are tackling bugs that hope to prevent network outages in the future so let's have a closer look at today's latest blockchain news. Solana developers are tackling bugs that knocked the network offline for the fifth time this year.

Solana has released a postmortem report examining the most recent 4.5-hour outage on June 1st. The outage resulted from a runtime bug triggered by the durable nonce transactions feature.

The value of Solana, a cryptocurrency in the top 10 in terms of market capitalization, dropped by more than 12% on June 1 as a result of its second outage in a month. A problem with the blockchain's processing of a niche transaction type meant for offline use caused it to malfunction. After its validators The post Why did the Solana blockchain halt again? appeared first on Invezz.

Solana price analysis is bullish as firm support is seen at the $38.44 level and resistance is faced at the $44.45 level. Prices have breached above the descending triangle pattern and are currently retesting the breakout point.

Solana SOL/USD is a blockchain platform that made a reputation for itself due to its high speed as well as efficiency. The SOL token is the native cryptocurrency used to pay for the transaction fees on top of the network, and ever since the launch of the project in 2017, Solana has grown into one The post Solana surpasses $2 billion in all-time NFT sales, is SOL worth buying? appeared first on Invezz.

On Monday (June 6), the $SOL, the native token of the Solana blockchain, is trading above the $44, having surged over 12% in the past 24-hour period, and at least one crypto analyst expects it to rally “harder than people think.” As you can see in the five-day SOL-USD price chart below, on Coinbase, $SOL was trading

The Solana price analysis is indicating an increase in price levels for today. The price levels have moved up to meet the $39.4 level, which is a relatively positive indication for the buyers as the price has increased.

Solana goes below $40 amid the latest network outage and it is currently on a downtrend as a result of the outage yet again so let's read more today in our latest altcoin news. Solana is on a downtrend right now with the price of the altcoin dropping below $40 as a result of the

Solana price analysis shows a bearish trend for the past 24-hours as prices retrace from highs near $39.95. The cryptocurrency is now trading at $37.68 and is facing immediate resistance at $39.95.