Author: Solana News

Solana-Based Crypto Project Serum (SRM) Says It’s ‘Defunct’ After FTX and Alameda Collapse

The Solana (SOL)-based decentralized exchange (DEX) Serum (SRM) is updating its community as it faces fallout from the FTX collapse.

According to the Project Serum Twitter account, Serum’s mainnet is defunct after the disintegration of FTX left its security permanently compromised.

“What’s next for ProjectSerum:

With the collapse of Alameda and FTX, the Serum program on mainnet became defunct.

As upgrade authority is held by FTX, security is in jeopardy, leading to protocols like Jupiter Exchange and Raydium Protocol moving away from Serum.”

Jupiter Exchange and Raydium Protocol are both leading Solana-based swap aggregators, working in conjunction with the Serum DEX.

The Serum community is now leading an effort to fork its network into a new project called OpenBook. Serum says the future of SRM, which is currently down 98% down from its all-time highs, is uncertain, and that there are two main proposals.

“What about SRM token?

The future of SRM is uncertain. There are proposals from the community suggesting it to still be used for discounts and other proposals to not use it at all because of the exposure that FTX/Alameda have.”

OpenBook is currently calling for community feedback on how to move forward with the new project, including fee structure, tokens and governance.

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The post Solana-Based Crypto Project Serum (SRM) Says It’s ‘Defunct’ After FTX and Alameda Collapse appeared first on The Daily Hodl.

These Solana, Bitgert, And Cardano Developments Are Worth Looking At This December

As we enter the last month of 2022, most crypto projects are working on developments that will make them enter 2023 in a bull run. Solana (SOL), Centcex (CENX), Cardano (ADA), and Bitgert (BRISE) are some of the cryptocurrencies that investors will need to look at this December.

These crypto projects have got massive developments coming up that will enable them to skyrocket their adoption before the end of this year. The likes of Bitgert are already rolling out the launching of the major products that will influence the price performance this week.

Here are Solana (SOL), Centcex (CENX), Cardano (ADA), and Bitgert (BRISE) developments this December that crypto investors need to know:

 

Bitgert (BRISE) and Centcex (CENX) Developments

The Bitgert project’s biggest development next month is the launch of the major products from the roadmap V2. The delayed Bitgert exchange is expected to finally launch this December since the Bitgert developers have solved its trading engine error.

The Bitgert team has also announced the completion of Paybrise development. This payment system is expected to be a game changer, and its launch will definitely be one of the most adopted products in 2023. Paybrise will make it easy for merchants to accept crypto payments (BRISE).

Another Bitgert development worth looking at is the tens of projects and partnerships that Bitgert is working on. Centcex (CENX) is also working on delivering its roadmap, which has major products that will skyrocket the performance of the coin.

Therefore, Bitgert (BRISE) and Centcex (CENX) will definitely be some of the coins to watch in the market this December.

 

Solana (SOL) and Cardano (ADA) Developments

Despite the recent price crash that Solana (SOL) has experienced, there are a lot of developments the Solana team is working on. Solana is building a robust ecosystem, where the team is adding products and projects to its ecosystem. The Solana NFT ecosystem is growing bigger this December. More open-source projects are also coming on the Solana chain this December.

Cardano revealed that Ouroboros Leios is coming on the chain. The Cardano team is optimistic that more dApps will be joining the Cardano chain after the Vasil hard fork. The Cardano DeFi ecosystem is also expected to keep exploding next month.

 

Conclusion

Crypto projects are working towards ending the year on a high, and Bitgert, Solana, Centcex, and Cardano will be some of the coins to watch. However, Centcex and Bitgert will be the coins to watch due to their disruptive developments coming up.

The post These Solana, Bitgert, And Cardano Developments Are Worth Looking At This December appeared first on Analytics Insight.

Flasko (FLSK) Presale Performs Better Than Tron (TRX) and Solana (SOL)

There aren’t many viable cryptocurrencies that will provide investors with large profits in the future. If anyone is looking forward to investing in Tron (TRX) and Solana (SOL), it would not be a good time to invest. Instead, it would be a good option to proceed with alternative investments, such as Flasko.

 

Solana (SOL) Value Continues To Drop

Solana (SOL) is a different cryptocurrency currently experiencing several difficulties. Comparing this cryptocurrency’s current value to its previous peak, a 90% decline has occurred. The fact that Solana (SOL) is a failing cryptocurrency is the primary cause of its value decline. The success of Solana (SOL) is supported by a few restrictions. Therefore, consumers should think carefully before investing in Solana (SOL).

 

Tron (TRX) Fails To Impress Investors

Tron (TRX) cryptocurrency was launched back in 2017. It was initially developed within the Ethereum blockchain but later moved to a separate blockchain. The primary objective of Tron (TRX) is to decentralize the entire internet. It aims to cut down middlemen involved in the content exchange and entertainment. Tron (TRX) got much attention because of its unique concept. However, Tron (TRX) is identified as a cryptocurrency that fails to gain value. Hence, investors are quite concerned about investing in it.

 

The Flasko (FLSK) Project Also Has A Strong Future

Flasko is among the most widely used alternative currencies. With Flasko, crypto investors will have the opportunity to buy NFTs that are backed up by rare and expensive champagne, whiskeys, and wine.

Experts think that Flasko is a great Blue Chip crypto protocol. It has attracted a lot of favorable attention because of its unique concept.

The Flasko cryptocurrency is now worth $0.085 and it will continue to rise in the future. Experts predicted a 4,000% increase in value within the next three months. Therefore, Flasko is a viable option for anybody wishing to invest in cryptocurrencies.

Website: https://flasko.io

Presale: https://presale.flasko.io

Telegram: https://t.me/flaskoio

Twitter: https://twitter.com/flasko_io

The post Flasko (FLSK) Presale Performs Better Than Tron (TRX) and Solana (SOL) appeared first on Analytics Insight.

The Hideaways (HDWY) Flips Solana (SOL) and Shiba Inu (SHIB) After FTX Stress

Analysts Pick The Hideaways (HDWY) Over Solana (SOL) And Shiba Inu (SHIB) After FTX Collapse

Solana (SOL) and Shiba Inu (SHIB) investors are skittish following the dramatic collapse of the FTX, indicating a loss of trust in SOL and SHIB. On the contrary, the fall of the cryptocurrency exchange has triggered a bullish run to The Hideaways (HDWY), attracting traders due to its real-world utility and price stability.

Make sure you check out The Hideaways today, as the team have extended their 100% bonus offer for 24 hours only!

 

Solana (SOL) Leads Plunge Amid FTX Distress

Solana (SOL) has been hit harder than any leading token by the collapse of the FTX exchange. Accordingly, a number of market participants look to be leaving the Solana blockchain as uncertainty stalks the platform.

At press time, Solana (SOL) has wiped out 49.00% of its value in the past seven days, now sitting at $15.02.

Overall, the failure of the FTX exchange has seen about a $190 billion decline in the whole crypto community.

Yet even amidst the blood-letting, The Hideaways (HDWY) is underway to be the best presale this year. The broad bearish market did not prevent the new project from making waves, thanks to its high-yielding potential.

Meanwhile, Solana (SOL) faces a far more dramatic and painful future, looking for a low price prediction of $14.21 in 2023.

 

Shiba Inu (SHIB) Returns to Red

Shiba Inu (SHIB) made impressive gains on its platform developments but remained 89.20% behind its all-time highs.

Accordingly, Shiba Inu has trailed other cryptocurrencies that have been battered by adverse market circumstances like FTX’s bankruptcy.

Unlike The Hideaways (HDWY), Shiba Inu (SHIB) have failed to battle the broad risk-off sentiment despite positive news surrounding the token. For instance, Shiba Inu burn rates have increased up to 443.00%.

Furthermore, the slower-than-expected release of Shibarium caps off bullish projections for Shiba Inu, marking an expected price of $0.0000167.

 

The Hideaways (HDWY) Conquers FTX Crisis

The Hideaways (HDWY) is one of the latest crypto entrants that have learned lessons from the plaguing conflicts on the market.

Unlike Solana (SOL) and Shiba Inu (SHIB), The Hideaways understands the need to offer a resilient and secure value. Specifically, each HDWY token holds a permanent liquidity lock, assuring no rug-pull.

All of this is possible as The Hideaways (HDWY) have gained analysts’ attention as the pioneering crypto project to tap into the potential of high-tier luxury real estate by minting NFTs.

Correspondingly, these NFTs can then be sold to traders for as low as $0.10 at a market cap of $45 million, providing a low barrier for entry. This way, investors can gain massive growth of up to 40x of ROI by next year.

Never skip a beat on The Hideaways (HDWY), and join now!

Website: https://www.thehideaways.io

Pre-Sale: https://ticket.thehideaways.io/register

Telegram: https://t.me/thehideawayscrypto

Twitter: https://twitter.com/hdwycrypto

The post The Hideaways (HDWY) Flips Solana (SOL) and Shiba Inu (SHIB) After FTX Stress appeared first on Analytics Insight.