Solana: the crypto-exchange Raydium proposes a $2 million bug fund

The Solana-based crypto-exchange Raydium has launched a proposal that includes a $2 million bug bounty. The initiative aims to engage the community and eliminate bugs affecting the protocol's core smart contracts.

Timeline of Raydium, Solana

Team members at the Solana-based decentralized exchange Raydium are proposing a bug bounty program worth 10 million RAY tokens (approximately $2.3 million) to identify and resolve any bugs in the platform's core smart contracts.

Crypto whales are suddenly on the move, relocating over nine million Solana (SOL) in a series of transactions. Whale-watching bot Whale Alert spotted the flurry of transactions to the tune of 9,075,999 SOL worth more than $186.84 million.

SOL Price Prediction: Amid the increasing bearishness in the crypto market the Solana coin price has witnessed a correction phase for over a week now. From the peak of $23.9, the coin price has tumbled 15.4% to reach the current price of $1.61.

Solana [SOL] has attracted a large number of users in the past to its network due to its cheap transaction fees and thriving ecosystem. However, over the last few months, the tides have been changing as Solana's network activity has started to fall sharply.

Solana [SOL] received a much-needed injection of positivity during the week as one of its chains infused liquidity into the network. While this development is certainly encouraging, it remains to be seen whether the injections will have a positive impact on other key metrics of the network.

Solana (SOL) is one of the most popular cryptocurrencies in the market, known for its fast transaction speeds and low fees. The platform has been gaining popularity in recent months, with investors flocking to it as an alternative to Ethereum (ETH).

The Solanaland Solana-based launchpad platform has announced its upcoming presale for its $SLAND intensive token to the public. A press release from Global Wire revealed that the presale is expected to commence on March 28th 2023, making it accessible to interested parties.

The Solana price analysis is showing bullish results for the day as the price has improved further once again. The price has increased up to $20.91, continuing the uptrend that started a few hours ago.

SOL Price Prediction: with the increasing uncertainty in the crypto market, the rising Solana price turned down from a long-coming resistance trendline. Previously such reversals triggered aggressive downfalls and plunged coin prices to lower levels.

Solana price analysis for March 25, 2023, reveals the market following a partial bullish movement; moreover, Solana has obtained massive negative momentum, signifying a decline for the SOL market. Solana's price experienced a recent dip in value, dropping from $22.58 to $20.41, and even going negative for some time.