Solana’s slide accelerates — $50 billion in value wiped from the cryptocurrency in 2022

Solana’s slide accelerates —  billion in value wiped from the cryptocurrency in 2022


Vital Factors
  • Solana has missing about $50 billion in benefit considering that the starting of 2022, a year marked by outages, overloads, and major publicity to Sam Bankman-Fried’s FTX exchange.
  • Proponents argue that Solana is more vital than ever as a decentralized finance system, but recent selling price motion suggests that buyers keep on to be skeptical even just after the broader crypto markets have stabilized.
  • Solana was created as an productive and pace-initially system, working with an progressive consensus mechanism to differentiate by itself from ethereum, but has faced developer attrition throughout the yr.



Resource

Stocks making the biggest moves after hours: Hewlett Packard Enterprise, CrowdStrike, Guidewire Software and more
Finance

Stocks making the biggest moves after hours: Hewlett Packard Enterprise, CrowdStrike, Guidewire Software and more

Check out the companies making headlines after hours. Hewlett Packard Enterprise — Shares rose 3%, after the information technology company beat analysts’ expectations on the top and bottom lines. Hewlett Packard Enterprise reported second-quarter adjusted earnings of 38 cents per share on revenue of $7.63 billion. Analysts polled by LSEG had expected earnings of 32 […]

Read More
Citigroup lifts banking curbs on gun makers and sellers
Finance

Citigroup lifts banking curbs on gun makers and sellers

In this article C Follow your favorite stocksCREATE FREE ACCOUNT Signage at a Citibank branch in New York, US, on Sunday, Jan. 12, 2025. Michael Nagle | Bloomberg | Getty Images Citigroup on Tuesday ended a seven-year-old policy restricting how it provides banking services to firearm manufacturers, sellers and resellers. The bank launched the policy in […]

Read More
Fed Governor Lisa Cook sees tariffs raising inflation and complicating rate policy
Finance

Fed Governor Lisa Cook sees tariffs raising inflation and complicating rate policy

Key Points Federal Reserve Governor Lisa Cook raised some concerns regarding the progress on inflation, saying recent lower readings could reverse after tariffs work their way through the economy. President Donald Trump’s trade policy could take a toll on the labor market, she said, even though she suspects the economy is in relatively good shape […]

Read More