Decentralized wireless communication network Helium will entirely shift to the Solana blockchain by March 27, developers said on Friday.

Solana (SOL), the cryptocurrency that powers Solana’s high-performance smart-contract-enabled blockchain, saw an impressive $830 million in trading volumes on Thursday, according to data presented by crypto analytics platform Token Terminal. That was the second-highest daily trading volume in two weeks, with only Wednesday (the 15th of February) clocking in ahead with volumes of $850 million.

Solana was one of Tuesday’s notable movers, as the token rebounded from losses to start the week. The move comes despite U.S. inflation figures missing expectations. Consumer prices came in at 6.4%, higher than the 6.2% many had forecasted. Tron rose for a fifth consecutive session on Tuesday.

XP Foundry, a Web3 game studio, said it is migrating on-chain assets of its mobile game Rooniverse to ImmutableX from Solana.

Solana slipped to a three-week low on Feb.10, as momentum in cryptocurrency markets remained firmly bearish. At the time of writing this, the global market cap is trading 4.23% lower, with bears recapturing sentiment. Cardano was also on the decline, falling by as much as 8% today.

A few hours ago, a crypto whale initiated the transfer of a whopping sum of SOL worth millions of dollars to a wallet of an unknown origin. This movement was triggered after Solana sealed a partnership with the software giant Brave.

Solana (SOL) is currently recording a trend in its price action after securing a new partnership with the Brave New Browser. At the time of writing, the digital currency is up by 1.84% to $23.66 in what looks like the onset of a new price resurgence.

Cardano founder Charles Hoskinson has reacted to Solana’s latest hackathon, dubbed ‘Grizzlython,’ apparently deriding the idea. In a tweet today, the Cardano founder reacted to the promotional video, questioning the event’s name with a Mike Tyson GIF. It is worth noting that there is no love lost between the Cardano and Solana communities. It is a feud primarily sparked by Solana’s co-founder Anatoly Yakovenko deriding Cardano developers for being too careful in a video that made the rounds on Twitter last June. Notably, Yakovenko predicted that Cardano’s dedication to correctness would prevent them from delivering on their promises. (thecryptobasic)

MegaSwap solves various critical pain points, including onboarding new users and liquidity to any Web3 application across any blockchain ecosystem.

Solana-based DeFi lending protocol Everlend Finance has shut down its app platform, despite having sufficient runway to continue operating in the current business environment, the team said on Feb. 1.

Solana momentum continues to build as the team puts more distance between themselves and the toxic FTX environment.

Solend is a DeFi lending and borrowing protocol on Solana, noted for its high scalability and composability.

TK Ventures and CoinWire’s data revealed that Solana [SOL] is now the most overvalued blockchain. This was determined using the market capitalization/TVL metric. When a network’s market cap to TVL ratio is above 1.0, it means that the network is overvalued, which can result in a price correction. As Solana’s MKC/TVL value was 17.5, the probability of increased selling pressure can be considered to be high. 

Solana [SOL] developers have been stepping up their game for a while now with several new updates and integrations that help increase the capabilities and offerings of the network.

Friktion has made the difficult decision to sunset its user platform, a process beginning with moving all Volts into Withdrawal-Only mode on Friktion’s User Interface starting 25 Jan 2023.

Whale Alert will now report large transactions of SOL, USDC, and USDT that occur on Solana.

Solana’s usage data and ecosystem development do not support the recent bullish rally, raising the probability of a SOL price correction.

Solana (SOL) is on hyperdrive as the network quickly gains momentum in terms of liquidity which are seen at more than 300% as of press time. Following a sweeping price decline, Solana has turned the tide with metrics with flying colors.

Given the strong performance of the majority of assets, Finbold has analyzed the industry thoroughly to determine which cryptocurrencies investors should keep an eye on in February.

Solana (SOL) has been the most performing digital asset in the top 15 this year by market capitalization and no one saw it coming following a poor run and a disastrous end of 2022.