Blockchain

Solana and KRAFTON to Boost Blockchain Gaming

Solana and KRAFTON to Boost Blockchain Gaming

The collaboration is to support blockchain gaming marketing and design. Also, Solana Labs and KRAFTON will collaborate on investment opportunities. KRAFTON will utilize capacity from PUBG: BATTLEGROUNDS to join the NFT and Web3 industry. KRAFTON has partnered with Solana Labs to support blockchain marketing and design. Remember, KRANFTON, Inc. launched the wildly recognized PUBG: BATTLEGROUNDS battle game. Why Solana (SOL/USD)? Solana is among the leading decentralized blockchains designed to ensure user-friendly and scalable applications globally. Moreover, it guarantees scaling without compromising security and composability, supporting developers' long-term activity. Furthermore, Solana ensures reliable performance, processing thousands of 'smart' contracts concurrently via…
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Solana (SOL) Drops 15% amid Congestion News, Losing 40% in One Week

Solana (SOL) Drops 15% amid Congestion News, Losing 40% in One Week

Solana has witnessed freefall due to the market slump. Frequent outages had some market players losing trust in the token. SOL dropped to the 8th rank as its overall market cap stood below $45 billion. Solana's governance token SOL/USD saw another 15% drop today. That had the alternative coin plunging beneath $90 as its weekly losses amounted to 49%. That comes as the SOL blockchain experiences massive network congestion problems. Meanwhile, SOL has seen a free fall as the global market slumped. For now, the alt stays about 60% lower from its 2021 November ATH (CoinGape report). Two Days of…
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Polygon (MATIC) To Be Deflationary With EIP-1559 Upgrade

Polygon (MATIC) To Be Deflationary With EIP-1559 Upgrade

ETH's EIP-1559 introduces fee-burning contrivances launched on the Polygon platform today. Experts estimated MATIC supply would see 0.27% burn per year. Improved fee visibility might reduce network congestion and spam transactions. Analysts believe MATIC might continue dropping until 2022 March. The EIP-1559 update is live on the MATIC platform now. The upgrade might mean a positive effect on MATIC's price as it implements a token-burning mechanism. Experts observed that the unpredictable fees and network congestions saw investors picking alternatives such as Avalanche. Analysts Remain Bullish on Polygon with Burning Implementation Traders and proponents have awaited EIP-1559 integration on the Polygon…
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Cardano (ADA) Back in Top Five Crypto-List amid 10% Upswing

Cardano (ADA) Back in Top Five Crypto-List amid 10% Upswing

Cardano's ADA stepped up during the weekend after sideways movements. The altcoin surged over $10% on 16 January. That way, ADA reclaimed its spot in the top-5 cryptocurrency list. While publishing this analysis, ADA traded a 9.10% high around $1.47, while its market capitalization stood at $49.2 billion. The latest price increase in the alt comes amid massive transaction volumes as enthusiasts await Sundae Swap. Messari data shows ADA blockchain recorded the 2nd-highest network activity outperforming Ethereum. Cardano appears to ride on massive developments. For instance, the platform saw 70 smart contracts launching in its blockchain within the past month…
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