Monday, September 16, 2024

SOL Price

The SolanaExpress

Solana, known for its high-performance blockchain, continues to innovate with features like Solana Actions and Blinks, simplifying on-chain transactions across digital platforms. Despite recent market corrections, its ecosystem thrives, evidenced by a surge in DeFi TVL and significant interest in its technological advancements. The introduction of these new tools aims to bridge traditional web experiences with blockchain, potentially revolutionising user interaction. However, Solana's journey is not without challenges, including past security issues and ongoing debates over its centralisation. As it evolves, Solana's focus on scalability and real-world utility positions it as a key player in the blockchain landscape.

Solana News

SBF Appeal Seeks to Overturn Conviction, Cites Judicial Bias

Sam Bankman-Fried has filed an appeal seeking a retrial of his fraud conviction, citing judicial bias and claiming that the original trial was unfair. His legal team argues that the judge's actions compromised the fairness of the trial, leading to an unjust conviction.

The Solana Lending DAO (Solend) overturns its decision to take over Whale Wallet as Whale Agrees to Move Funds

Solend's community approved a plan to acquire control of the whale's accounts earlier this week, then reversed course after decentralisation advocates opposed it, and is now considering a third proposal that will draw down borrowing limits so that borrowed positions exceeding $50M will be progressively liquidated.

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