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Paxos Expands to Solana Following NYDFS Nod, Widening Stablecoin’s Horizon


The tokenization and stablecoin platform Paxos has revealed plans to broaden its stablecoin issuance to the Solana blockchain. The company, which oversees the pax dollar (USDP), anticipates that Solana-issued USDP will be publicly available starting Jan. 17, 2024. Paxos Set to Launch Stablecoin...

Paxos Receives Regulatory Approval to Expand into Solana Blockchain


Source: Pixabay Paxos has announced an expansion of its stablecoin issuance to the Solana blockchain after securing regulatory approval from the New York Department of Financial Services. In a press release published Friday, the stablecoin issuer noted that the initiative is a “significant...

XRP Price Prediction: Can XRP Overtake Solana Again Before 2024?


Source: Dall•E 3 The XRP price has remained steady in the past 24 hours, sticking to $0.620626 as the crypto market as a whole rises by 1.5% today. XRP’s performance has disappointed in recent weeks, with the altcoin actually down by 1.5% in a week and by 4% in a fortnight. This...

Solana Struggles With Saga Phones Inventory Amid Excessive Demand


Source: Solana / edited by Hongji Feng Solana is facing inventory management challenges with its newly released Saga phones, leading to a series of order cancellations, according to a Solana Mobile post. The complications arose when an inventory management issue with Solana’s third-party...

Solana 2023: Fueling record growth, DeFi boom, and Web3 expansion


Solana has ended yet another year with a bang. Although 2023 was filled with challenges, the Solana community turned it into an eventful year. It is no wonder it is nearing the 100-dollar price mark again. Currently trading at 99 dollars, the token has gained 17.34% in the past 24 hours. Its 1-week...

Solana (SOL) Flips BNB, Gains 17% in 24 Hrs to Become Fourth Largest Crypto


Solana. Source: Adobe The price of Solana (SOL) gained as much as 17.15% within the last 24 hours in a massive rally to become the fourth largest crypto in terms of market cap. As of writing, SOL is trading at $98.63, boasting a market capitalization of nearly $42 billion. This surge propels Solana...

Solana soars to fifth place in crypto market, surpassing XRP


Solana (SOL) has risen to fifth place in the cryptocurrency market capitalization in an unexpected turn of events. It currently surpasses XRP. SOL has sharply increased pricing over the past few months, and it is currently a fierce rival to XRP.  In the meantime, this added thrust is being...

18 Cryptos to Watch in 2023


Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Brimming with potential, the cryptocurrency industry is a bona fide Eden of opportunity, although finding the right cryptos to watch in 2023 can be...

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