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Key takeaways Staking Solana allows you to earn passive income through staking rewards while participating in network governance. There is no minimum requirement for staking Solana, but the practical minimum is around 0.01 SOL. All you need to start staking Solana is a SOL-compatible wallet. Staking is considered one of the safer ways to participate […]
Mantra founder and CEO John Patrick Mullin has started unstaking 150 million of his Mantra (OM) tokens in preparation for sending them to a burn address in an attempt to restore the token’s value by tightening supply. Mantra announced on April 21 that the unstaking process had begun, and would be completed by April 29, […]
A governance token for the Reserve Protocol stablecoin, launched by a firm previously advised by sworn-in SEC Chair Paul Atkins, has surged over 13% after crypto exchange Coinbase announced that it will list the token. Atkins was an early adviser for the stablecoin firm around the time it launched in 2019, according to Reserve Protocol’s […]
The Solana network briefly surpassed Ethereum in total staked value of their respective native tokens, SOL and ETH, sparking debate over whether it is actually bullish or bearish for Solana. More than $53.9 billion worth of SOL is now staked on the Solana network from 505,938 unique wallet holders, who are making an 8.31% annualized […]
A doomsday-themed Solana NFT project is looking to sell 100,000 non-fungible tokens (NFTs) to buy a Cold War-era nuclear bunker in Rutland, England. Dead Bruv, the creators of the narrative-driven NFT project Meatbags, plan to mint 100,000 NFTs, with Meatbags holders being airdropped 10,000. The the rest will be sold off starting April 21, starting […]