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Investment asset management firm Franklin Templeton published a report detailing Solana’s (SOL) accelerated adoption over some time. With the validation from the firm, Solana has jumped by more than 9% to $138.46. Franklin Templeton Lauds the Solana Resilience Solana’s survival and resilience after the unfortunate implosion of the FTX cryptocurrency exchange were identified. The cryptocurrency The post Solana (SOL) Shoot 9% On Franklin Templeton Endorsement appeared first on CoinGape .

Solana (SOL) Shoot 9% On Franklin Templeton Endorsement

Layer 2 (L2) blockchain Eclipse and developer-oriented bridge Neon EVM have formed a new collaboration to implement changes in the blockchain landscape, increasing interoperability and scalability with the integration of Ethereum (ETH) and Solana (SOL). Aiming to combine the capabilities of both blockchains, Eclipse has consolidated the compatibility between the Ethereum Virtual Machine (EVM) and the Solana Virtual Machine (SVM) by deploying Neon Stack. Solana And Ethereum Integration The primary objective of this collaboration is to integrate Solana’s transaction handling capabilities, which can process thousands of transactions per second, into Ethereum. Related Reading: Ripple Unlocks 1 Billion XRP From Escrow – How Will This Impact Price? This integration will be facilitated by Neon Stack, a standardized development stack that enables smart contract developers to achieve Ethereum Virtual Machine compatibility on Solana Virtual Machine-based blockchain networks. Eclipse plans to leverage Neon Stack on its SVM L2 to facilitate this integration. The Neon Stack consists of Neon EVM smart contracts and Neon Proxy. It has been live on the Solana mainnet since July 2023. It has deployed numerous Ethereum-native Solidity decentralized applications (dApps), including decentralized finance (DeFi), gaming, and decentralized exchanges (DEXs), on Solana from its existing codebase. Neon EVM-Eclipse Partnership For Cross-Chain Development Davide Menegaldo, Chief Commercial Officer (COO) of Neon EVM, expressed enthusiasm for Neon Stack and the collaboration, stating: With Neon Stack, we are paving the way for high-performance, scalable dApps infrastructure that transcends the limitations of traditional blockchain architectures and redefines computational efficiency. We are pleased to see Eclipse as the first industry partner to utilize the Neon Stack. On the other hand, Neel Somani, founder of Eclipse Labs, the company behind the development of the Layer 2 blockchain, also emphasized the importance of the partnership, saying: Our collaboration with Neon Stack enables developers to seamlessly deploy their dApps from EVM chains to Eclipse, further strengthening the harmonization between Solana and Ethereum. Solidity developers who wish to build on a high-performance L2 that leverages the strengths of the SVM can finally do so.” Interestingly, the Ethereum ecosystem hosts over 13,000 dApps, with only a small fraction, 0.4%, cross-chained with Solana. This collaboration between Neon EVM and Eclipse could also provide further opportunities for developers to build new dApps with the new integration. Related Reading: Whales Dive In, But Dogecoin Price Sinks 20%: What’s Going On? In sum, it is believed that developers will be able to build advanced dApps that leverage the features of Ethereum and Solana, along with their respective native ecosystems and virtual machines, by leveraging the design of the NEON Stack and Eclipse. As of the current update, the native token of NEON EVM, NEON, is trading at $1.0135. It has shown a 2.6% recovery over the past 24 hours, aligning with the overall positive movement in the cryptocurrency market. However, during the past 7 days, the token has witnessed a price decline, experiencing a nearly 8% drop. Featured image from Shutterstock, chart from TradingView.com

Eclipse And Neon EVM Drive Solana-Ethereum Integration For Blockchain Interoperability

A cryptocurrency trader has managed to turn 500 Solana ($SOL) tokens worth around $67.000 into 5,789 SOL worth over $780,000 in just 15 minutes after managing to “snpe” a large portion of a newly launched cryptocurrency’s supply. According to on-chain analysis service Lookonchain, the cryptocurrency ‘sniper’ managed to acquire 665 million $QUACK tokens as they

Solana ($SOL) ‘Sniper’ Snags $780,000 in 15 Minutes from Newly Launched Token

Before you reading,Don't miss coins like PEPE again! Click here to find new PEPEs! Sealana ($SEAL), a new meme coin launched on Solana, raised $100,000 in a presale within minutes of its launch. Solana is quickly becoming a preferred blockcha... Read the full article for FREE at COINOTAG!

SEALANA Crypto Presale Skyrockets, Raising $100K Instantly: Solana (SOL) Meme Coins Attract Whale Investors Again

Shiba Inu (SHIB) and Dogecoin (DOGE) are two dog-themed memecoins that went viral and delivered massive gains to early investors. Solana memecoins have been attracting huge investment from retail crypto investors in recent weeks, as early investors hope to generate similar returns to early Shiba Inu (SHIB) and Dogecoin (DOGE) buyers. However, with hundreds of new memecoins being launched every day – and most of them being almost immediately rugpulled – it can be difficult to decide which coins to invest in. In this article, we list four newly launched Solana memecoins that could potentially deliver astronomical returns to early

2 May: Four New Solana Memecoins That Could Rally 9,000% and Challenge Shiba Inu and Dogecoin

A bullish wave has traversed the crypto market on Thursday, spreading hope among investors whose holdings have been battered in this week’s sell-off. The Solana price analysis signals continuing gains into the weekend, underscoring a 10% surge in its value maintained for 24 hours. SOL hovered at $136 during US business hours, contributing to the The post Solana Price Analysis: Will SOL Rally To $200 In May? appeared first on CoinGape .

Solana Price Analysis: Will SOL Rally To $200 In May?

Thursday, May 2, 2024 – A presale for Sealana ($SEAL), the all-American redneck seal, launched on Solana yesterday, taking in $100,000 within minutes of launch. In a sector dominated by land-roving canines, one marine mammal is trading his way out of mom’s basement like a true 21st-century patriot pursuing the elusive American Dream. If his The post Whales Dive Back Into Solana Meme Coins with SEALANA Crypto Presale Raising $100,000 in Minutes appeared first on Cryptonews .

Whales Dive Back Into Solana Meme Coins with SEALANA Crypto Presale Raising $100,000 in Minutes

Eclipse's integration with Neon Stack aims to set a new standard for EVM-SVM interoperability, enhancing blockchain interoperability. The post Eclipse unveils Neon Stack to bridge the gap between Ethereum and Solana appeared first on Crypto Briefing .

Eclipse unveils Neon Stack to bridge the gap between Ethereum and Solana

Before you reading,Don't miss coins like PEPE again! Click here to find new PEPEs! The Jito Network has emerged as the top decentralized finance (DeFi) protocol on the Solana network, with a total volume locked (TVL) of $1.04 bil... Read the full article for FREE at COINOTAG!

Jito (JITO) Soars as it Leads Solana DeFi Protocols with $1 Billion in Locked Assets

Jito Network became the top DeFi protocol on Solana, with liquid staking pool token JitoSOL rising by 8.5%.

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