$250M USDC gets minted on Solana - What's happening?

$250 million USDC was minted on the Solana network. The price of SOL continued to grow as sentiment surged. In recent days, the Solana [SOL] network has witnessed the minting of significant The post $250M USDC gets minted on Solana - What's happening? appeared first on AMBCrypto.

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Magic Eden Embraces Solana’s Compressed NFTs for Economic Minting

Magic Eden endorses Solana's compressed NFTs, offering cost-effective minting and promoting wider adoption in the digital collectible space. The post Magic Eden Embraces Solana’s Compressed NFTs for Economic Minting appeared first on NFT News Today.

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Can Solana's booming NFT sector lure in more users

Solana's NFT ecosystem experienced impressive growth, with record-breaking minting activity and a surge in compressed NFT. Despite challenges, Solana's development activity remained strong.

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Solana’s On-Chain Data Points Upward Following Big Early Wins In Q2 2023

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Assessing the impact of Helium [HNT] migration on Solana's [SOL] NFT landscape

The minting of Helium hotspots as NFTs served as an effective test case for Solana's state compression capability. NFT sales worth nearly $30 million were logged on the chain over the past weekThe post Assessing the impact of Helium [HNT] migration on Solana's [SOL] NFT landscape appeared first on AMBCrypto.

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Polygon, Cardano and Solana NFT Sales Rise as Ethereum NFT Sales Slump

While Ethereum remains by far the most popular blockchain for minting NFTs, Polygon, Cardano and Solana have all seen small bumps in sales volume in recent weeks.

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NFT Minting Costs Critical as Competition Heats up in Blockchain Gaming Space

Polygon has seen an increase in demand due to its low gas fees. While Solana has improved its own NFT minting costs in its latest upgrade. The post NFT Minting Costs Critical as Competition Heats up in Blockchain Gaming Space appeared first on BeInCrypto.

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Solana reveals low-cost NFTs with state compression

Solana on April 6 announced the introduction of state compression, a new feature that will significantly reduce the cost of minting NFTs. According to Solana, state compression can be used to store any type of on-chain data, but is typically used with non-fungible tokens (NFTs) at present.

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As Solana NFTs see high-profile exits, will this offering be a game changer

Solana's new state compression technology could bring down the cost of minting NFTs. The total NFT sales volume for Solana grew 31% in the last 30 days. Solana's [SOL] NFT ecosystem has beenThe post As Solana NFTs see high-profile exits, will this offering be a game changer appeared first on AMBCrypto.

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Solana NFT minting now cheaper with new technology

The Solana Foundation has revealed that minting 1 million NFTs on Solana now costs much less, owing to a new technology.

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State compression drastically cuts cost of minting NFTs on Solana

The Solana Foundation has announced that it now costs way less to mint 1 million NFTs on Solana, thanks to a new technology that helps to drastically cut costs by introducing a novel way to store NFTs on-chain.

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Solana NFTs reach this minting milestone to leave investors in awe

Solana is showing a strong surge in its NFT ecosystem in recent days. Not to forget, the overall demand for NFTs continues to falter in September despite showing glimpses of recovery. Meanwhile, SoThe post Solana NFTs reach this minting milestone to leave investors in awe appeared first on AMBCrypto.

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NFT Software Company Dust Labs Raises $7M During y00ts Release

The announcement came during a high-profile and long-anticipating minting that’s taken the Solana NFT community by storm.

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Solana Is The First Blockchain To Gain Composable NFTs Through NFT Canvas

There are many ways to approach to non-fungible token industry as a collector or investor. One can either pay top-dollar for the NFT they want or try one’s luck by minting a random asset and hoping for the best.

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Nansen to Track Solana NFT Data Amid Boom in Minting, Trading Activity

Nansen, a crypto analytics company, is adding support for Solana NFTs in a win for the Ethereum competitor.

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Solana suffers 7th outage in 2022 as bots invade the network

NFT minting bots on Solana contributed over 4 million transactions per second, knocking validators out of consensus and crashing the network for around seven hours.

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Nifty News: Collector spends $488K minting Tubby Cats, NFT vending machine

The floor price of Lana Rhoades NFT project has dropped 96.1% while a 24/7 Solana NFT vending machine was officially launched in New York this week.

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The Cryptosea: The First Metaverse Under the Sea Built on Solana

“We exist to make NFTs  a fun and tangible community experience. We enjoy & protect  the marine ecosystem  for generations to come. ” – The CryptoSea The CryptoSea is a metaverse that is actually working towards sustaining the ocean through the minting of their eight NFT collections.

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SOL, AVAX, MATIC, LUNA, ADA: The Most Promising Layer 1 Blockchains To Watch Out For, According To Industry Experts

Ethereum’s dominance may face a significant threat from Solana, Cardano, Avalanche, Polygon, Terra. Solana’s faster transaction speed is rapidly making it a favorite NFT minting and trading destination.

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SOL, AVAX, LUNA, ADA: The Most Promising Layer 1 Blockchains To Watch Out For, According To Industry Experts

Ethereum’s dominance may face a significant threat from Solana, Cardano, Avalanche, Polygon, Terra. Solana’s faster transaction speed is rapidly making it a favorite NFT minting and trading destination.

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Solana Threatens To Flip Ethereum’s NFT Dominance As Ether Grapples On

Key Takeaways Ethereum’s NFT dominance is on the cusp of facing a significant threat from Solana.   Solana’s faster transaction speed is rapidly making it a favorite NFT minting and trading destination.

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Dexlab launches minting platform on Solana, no coding experience needed

Dexlab has launched the first minting and management platform in history that requires no prior coding experience. It’s called ‘MintingLab’, runs on the Solana (SOL/USD) platform, and is intuitive and simple in its design.

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Dexlab Launches Solana-Based Platform for Token Minting and Management

Dexlab launches a platform for minting and managing tokens based on the Solana blockchain

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Dexlab Raises $1.44M to Ease Token Issuance On Solana

The token minting platform Dexlab has raised $1. 44 million in private investment to develop a gateway to the Solana ecosystem. The platform is Minting Lab’s developer, a turnkey solution for issuing tokens, managing them, and deploying smart contracts.

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