2023-3-16 05:31 |
The platform didn’t disclose the reason for its closure, but Solana NFTs haven’t been having the best run lately.
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Everlend Finance has closed down its lending app. Users have been advised to withdraw their assets. The crypto lender has blamed the current liquidity crunch in the market for the shutdown. Everlend Finance a DeFi lending protocol built on Solana (SOL/USD) has announced the closure of its lending platform citing a liquidity crunch.
2023-2-2 16:43 | |
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As experts predict a dual-chain future for SOL and ETH, we analyze the Solana price prediction. DeepSnitch AI offers superior immediate upside with its January launch.
USX stablecoin plunges to $0.10 on Solana but recovers to $0.94 following liquidity injections, exposing huge vulnerabilities in DeFi markets.
The Solana ecosystem is facing fresh turbulence after USX stablecoin, a synthetic stablecoin issued by Solstice, suffered a sharp but temporary depeg on secondary markets. The incident has reignited concerns around liquidity management, even as the issuer and independent analysts stress that USX’s collateral backing remained intact.
Solana fundamentals remain strong despite the weak price action of SOL. The network recently reached a new all-time high of 409 million SOL staked supply. This meant the chain’s security incrThe post 409mln SOL staked and counting – Is market missing Solana’s signal? appeared first on AMBCrypto.
The crypto market remained on edge on Christmas Eve as the recent Santa Claus rally faltered. Bitcoin was stuck below $90,000, while the market capitalization of all coins plunged to $2. 94 trillion.
Solana (SOL) token was trading at $124.50, and could be at risk of more downside after forming bearish chart patterns on the daily chart. Some of its most important metrics have also dropped in the past few weeks.
Ondo Finance recorded a new all-time high in Total Value Locked after its announcement on the 15th of December. The firm said it would launch tokenized U. S. stocks and ETFs on Solana in early 2026.