To address these concerns, Solana is still working on a more robust slashing mechanism to improve the network’s security. What’s more, its staked value has far exceeded Ethereum’s already. This has driven an influx of staking activity on the network. More than $53.9 billion SOL is currently staked, rewarding stakers...
As a result, Solana surpassed Ethereum for a short time in total value staked. Big deal, right? Everyone's yelling "flippening!" Let’s add a dose of cold, hard practical reality. These types of numbers can be deceiving, and in the world of crypto they almost always are. Is this a real...
Synthetix’s sUSD stablecoin is teetering, and founder Kain Warwick isn’t pulling any punches. He’s fully prepared to use “the stick” against SNX stakers to force sUSD back to its $1 peg. This situation is very extreme. Can we really afford to say his approach doesn’t matter when a fundamental part...
Solana's been on a tear. We see the headlines: price surging, institutions piling in, staking market cap briefly eclipsing Ethereum's. Everyone's celebrating. Let's hit the pause button for just a moment. Are we positive that this staking bonanza is all positive and beneficial? I'm not so convinced, and here's why.Is...
ZA Miner, a new cloud mining provider based in Middlesex, United Kingdom, has recently activated a zero-cost cloud mining service. Through this initiative, we’ve opened up cryptocurrency mining to everyday people. These days, anyone with a computer and access to the internet can mine the most popular coins—Bitcoin and Dogecoin—without...
Solana recently passed Ethereum in staking market cap just last month. This decision has sparked a firestorm of controversy as to whether it is the beginning of a dramatic change in the crypto ecosystem. Solana’s relatively higher staking yields have lured in a large number of investors. Nonetheless, skepticism remains...
The numbers don't lie, right? Solana briefly flipped Ethereum in staked value. $53.9 billion to $53.7 billion. Headlines screamed. But before we anoint Solana the staking ruler, let’s slow down. I'm Lee Chia Jian, and I've seen enough booms and busts in the Asian markets to know that chasing high...
So, Solana’s latest flip of Ethereum in staking market cap. Big deal, right? On the surface, it’s a headline grabber, a fun little David-vs-Goliath moment. We shouldn’t get too carried away with the hype. Before we crown Solana the staking king, let's ask ourselves: are we looking at a sustainable...
