Crypto Wallet News

News

Read all the latest crypto news curated from the best local news sources globally. We provide up-to-date crypto news items so you can make the best investment choices.

Stellar

Coinfomania

Lucky Ebosele

Stellar, a prominent blockchain-based payment network, has announced the open source release of the &#8220;Stellar Disbursement Platform&#8221; (SDP), a crypto-based bulk disbursement tool. Stellar Releases Open-Source Disbursement Platform Developed by the Stellar Development Foundation (SDF), the payment solution enables users to make bulk payments to a group of recipients through the Stellar network. According to ... Read more

Stellar (XLM) Rolls Out Crypto-Based Bulk Payment Platform

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WilfredMichael

Guest Author

This is a guest author and not a team member at Coinfomania.com. Hence, views and opinions in the article are strictly theirs.

CoinStats, a prominent name in the crypto world, has just revealed an exciting addition to its platform – the Crypto Mystery Box feature. This latest offering is poised to redefine user interaction and engagement within the cryptocurrency landscape. Curious minds, get ready to embark on an exciting journey of surprises and discoveries. The CoinStats Crypto ... Read more

Latest CoinStats Feature: Unbox Your Mystery Box 

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Afriq Arbitrage - 11

Interviews

Read exclusive crypto interviews featuring some of the most prominent people in the Bitcoin, DeFi and cryptocurrency space in general.

Wilfred Michael

Coinfomania chats with Felix Xu co-founder of ARPA and Bella Protocol, among the global crypto projects in the top 500 by market cap. 

Building Secure Blockchain Systems: An Exclusive Interview with ARPA and Bella Protocol CEO Felix Xu

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Crypto Startup News

coinbase

Coinbase

Faith

Crypto exchange Coinbase announced its expansion to Canada through a partnership with Peoples Trust Company. The latest move by Coinbase will make it easier for citizens to freely move in Canadian dollars to and from their Coinbase account. Specifically, Peoples Trust will provide Coinbase users access to Interac e-Transfers, a Canadian funds transfer service that allows ... Read more

Coinbase ($COIN) Officially Launches in Canada

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Aptos

Elendu Benedict

Layer 1 protocol Aptos announced on Wednesday that it has partnered with tech giant Microsoft to enhance Web3 mainstream adoption. The partnership would enable the blockchain to create Aptos Assistant, a chatbot bridge that would help users onboard into Web3, the network stated. “Artificial Intelligence and blockchain technologies are quickly converging for one important reason: ... Read more

Aptos Partners With Microsoft to Drive Web3 Mainstream Adoption

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Press Release

Chainwire

TaskChain, a groundbreaking Web3 project, has just announced the launch of its presale today. This new development comes prior to the introduction of TaskChain’s innovative platform which is set to transform the way users earn income online. For early investors, the news about TaskChain’s presale launch is another exciting opportunity to be part of a ... Read more

TaskChain: A World First Quest2Earn Web3 Platform Launches Presale

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Gideon Geoffrey

Gideon Geoffrey is an enthusiastic writer. He admires everything about cryptocurrencies and their underlying blockchain technology.

ETH is receiving a lot of attention at this time. On Monday, Paypal that it is launching a stablecoin PayPal USD on the Ethereum network. The asset is also seeing notable changes in its value. A few hours before the time of writing, it tested its six-day high. However, this was not the case during ... Read more

Top Three Cryptocurrencies to Watch This Week: BTC, ETH, STX

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Tradecurve

PR Desk

As speculation grows around whether Optimism will pump higher, investors are keeping a close eye on other standout opportunities, with Tradecurve and Maker being particular favorites. Notably, Tradecurve has also pumped by 150% during a presale of its token, giving investors the chance to purchase tokens at a discounted rate. Let&#8217;s take a closer look ... Read more

Will Optimism Pump Higher? Tradecurve and Maker Remain Investor Favorites

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Solana is one of the cryptocurrencies designed to work similar to Ethereum which hosts decentralized and scalable applications. It is an open-source network initially proposed by Anatoly Yakovenko in the year 2017. Later, in March 2020, San Francisco-based Solana Labs officially launched Solana as one of the digital assets in the crypto market. How Does Solana Work? Based on current market sentiment, today, Solana has set its stage in the crypto world, ranking as the 11th largest crypto coin in market capitalization. As a beginner, you might be wondering how Solana works. Here we go. Every blockchain functions in its unique way, and Solana is no exception. This unique blockchain can be operated on a decentralized computer network, which aims to manage databases, track the currency, and effectively record each transaction to verify the data&#8217;s integrity. Without any intermediaries, this decentralized network calls itself the fastest blockchain in the crypto world as it verifies over 65000 transactions per second at low-cost fees.  Solana Vs. Ethereum As Solana was designed to work similarly to Ethereum, this rapidly evolving crypto asset is frequently known as Ethereum killer. Ethereum, the king of the Smart contract platforms, has dominated the decentralized application (dApp) for several years. However, after Solana&#8217;s emergence, market participants suspect SOL as a formidable competitor of ETH. Because Solana boasts multiple speedy transactions per second, Ethereum&#8217;s Proof-of-Work mechanism limits its capacity to around 15 transactions per second. SOL Vs. ETH Technical Perspectives Solana employs Proof-of-Stake (PoS) and Proof-of-History (PoH) mechanisms.  Ethereum employs a Proof-of-Stake mechanism, which makes ETH expensive. This PoS mechanism allows users to create and build decentralized applications by leveraging smart contracts.  Solana&#8217;s Technology The heart of Solana is its innovative blockchain technology, built with a blend of delegates&#8217; Proof-of-Stake and Proof-of-History consensus mechanisms. Solana uses these consensus models to remove the performance bottlenecks caused by blockchain software, making the Solana ecosystem more scalable, secure, and decentralized.  PoS &#8211; This consensus model allows validators to verify transactions PoH &#8211; This consensus model permits the verified transactions to be time-stamped, contributing to speedy performance.  Is Solana a Good Investment in 2025? As you have gained basic knowledge of Solana, you might be puzzled whether Solana is a good investment. Right? Undoubtedly, Solana is one of the fast-growing ecosystems offering incredible speedy transactions at low-cost fees. Experts predict that Solana prices could grow consistently and hover around $750 by the end of 2025. Hence, investing in Solana&#8217;s (SOL) has strong potential growth in the future. Like other digital assets, Solana has its riskiness. From centralization concerns to crypto regulatory challenges, several causes could affect its progress. Always be sure to accept the riskiness involved in any asset before investing. Solana&#8217;s Investment Strategies Are you planning to invest in Solana? Then, a sound investment strategy is crucial. Here are a few essential factors you should consider before investing in SOL.  Deep Market Research: The foremost thing you should do is do deep research to understand Solana&#8217;s blockchain, market sentiment, and potential risks and rewards  Set Funding Goal: Determine the fund you are ready to afford your losses. Diversify Crypto Portfolio: To mitigate risks, it is always a good idea to invest in different assets instead of a single token. Dollar-Cost Averaging: Traders should invest a fixed price regularly. Because this strategy might help you navigate during market volatility.   Secure Wallet: Use a reputable wallet to store your assets and prevent them from being hacked.  Solana&#8217;s Legal and Regulatory Consideration 2025 On March 02, 2025, US President Donald Trump announced the creation of a &#8220;Strategic Crypto Reserve&#8221; for the top-leading tokens like Solana. Further, on February 28, 2025, CME Group unveiled that they plan to roll out future contracts on the Solana network on March 17. If the US Securities and Exchange Commission approves this regulatory framework, Solana could reach a new high in the upcoming days. How to Buy and Trade Solana? In recent market volatility, Solana has rapidly gained popularity among traders as it leads the blockchain platform in the crypto world with high-speed and low-cost transactions. Hence, many newbies and long-term traders are looking to invest in it. So, do we buy or trade Solana&#8217;s SOL? Let&#8217;s delve into finding the best way to invest and trade SOL. How to Buy Solana? To buy Solana, it is essential to sign up for a reputable account on the regulated crypto exchange and fund it to buy Solana&#8217;s SOL. Some of the conventional platforms to purchase Solana are: Robinhood Revolut eToro Binance Jupiter Orca How to Trade Solana?  The first step to trading Solana is to create an account on a secure Solana wallet on Phantom, Sollet, and more. These types of wallets allow traders to send, receive, and store your crypto assets more safely. The next step is connecting it with DEX and start trading. Best Exchanges to Trade Solana There are two types of exchanges available on the market for trading: Centralized and Decentralized exchanges.  Centralized Exchanges Don&#8217;t have a Solana Wallet yet? The best places to buy and sell SOL on the centralized exchanges are: Binance Coinbase Kraken Robinhood Revolut  eToro Decentralized Exchanges Some of the decentralized crypto wallets that traders can use to buy and sell Solana are: Raydium Orca Jupiter  Solana&#8217;s Transaction Fees Upon Trading One of the most significant aspects that attracts investors&#8217; attention to Solana is its low transaction fees. On average, a single SOL transaction costs about $0.00025. Who pays the transaction fees? Traders who initiate a SOL transaction should pay the transaction fees. Solana Wallets and Security Choosing the best Solana Wallet is always essential when looking to securely manage the SOL tokens engaged with the Solana ecosystem. With Software or Hot wallets, users can store their private keys and seed phrases online to prevent security risks like hacking and unauthorized access. On the other hand, some traders and crypto investors prioritize self-custody or hardware wallets to generate private keys in secure chips and store them offline, ensuring secure asset management. Some of the Hardware wallets that support Solana SOL are: Ledger Flex  Ledger Stax Ledger Nano S Plus Trezor Tangem Some of the Software Wallets that support Solana SOL are: Phantom Exodus Solflare MetaMask Atomic How to Secure Solana Holdings? Every investor seeks to secure the crypto assets in their wallet to avoid getting drained by hackers. How? Choose the Wallet type: Browser, Mobile, Desktop, or Hardware. Get the respective wallet form from the official source. Create a wallet account with the Solana wallet address. Back up your Private key and seed phrases. Fund the wallet. Start purchasing and trading SOL. Solana Adoption and Use Cases Solana is used by various decentralized applications (dApps) across multiple web3 sectors. Furthermore, Solana&#8217;s SOL is becoming more potent in the NFT market, enabling efficient minting and sales of digital arts. As the gaming industry is the next-generation digital economy, many gamers look for speedy, scalable, and secure infrastructure in the online world. With high speed and scalability, Solana supports decentralized gamings built on its blockchain network.  Solana&#8217;s Future Outlook and Potential Growth Based on the Solana price analysis, Solana&#8217;s current market activity projects a bearish sentiment in the marketplace. But that&#8217;s not a red flag for its future potential. As of now, Solana is attempting to swing upside to break the key resistance. If it succeeds in its attempt, Solana could encounter bullish momentum and reach a new high in the upcoming days.  Pros and Cons of Investing in Solana Pros Scalability Low transaction fees Fast transaction fees Rapid economic growth Cons Complexity Security risks Network outages Legal and regulatory concerns Final Thoughts  Whether you are a skilled professional or a beginner at Solana, this detailed outlook might have provided valuable insights. Based on today&#8217;s market analysis, Solana is projecting a bearish momentum. But if it breaks the key resistance and climbs upward, SOL could encounter an upward price trajectory that leads to a new high. Keep monitoring the key levels to find its next move and invest accordingly. Since the crypto investment involves risks of losing your fund, we suggest doing a market analysis with technical indicators on the daily chart to determine the right time to invest in Solana.  FAQs 1. What is Solana? Solana is one of the open-source blockchains which hosts decentralized applications (dApps), scalable smart contracts, and non-fungible tokens (NFTs).  2. What is the Consensus mechanism? A consensus mechanism is a system of nodes which is programmed to achieve distributed agreements, trust, and security across decentralized computer networks. In the blockchain network, the Consensus mechanism validates transactions and builds trust among traders.  3. What consensus does Solana use? Solana employs a Proof-of-Stake consensus algorithm with a unique Proof-of-History feature. It enables fast, cost-effective, high-throughput transactions with low latency within the ecosystem.  4. What is Proof-of-History Protocol? Proof-of-history is a cryptographic protocol that creates a historical record to prove the existence of data at a specific time frame.  5. How fast are Solana Transactions? Compared to other blockchains, Solana is one of the fastest blockchains in the crypto world. With its consensus algorithm, this unique blockchain can handle 65000 transactions per second.  6. What is the role of SOL in the Solana Ecosystem? The native cryptocurrency of Solana is SOL. Primarily, SOL can be used in the Solana Ecosystem for the major reasons like  Multiple transactions Secure Staking Participating in Governance decisions.  7. Can Solana&#8217;s SOL be used to buy NFTs Yes. Solana&#8217;s SOL supports users in buying and creating non-fungible tokens (NFTs). You can purchase NFTs as follows Buy SOL on a reputable crypto exchange, like Binance or Coinbase Transfer SOL to a wallet that&#8217;s compatible with Solana Network Navigate to the Solana NFT marketplace Purchase the NFTs 8. What is the use of Solana in real life? Solana can be ideal for real-time allocations like: Games Financial Services Creating Decentralized Autonomous Organizations  9. Can Solana be used for cross-border payments? Obviously, Yes. Since Solana&#8217;s blockchain offers high-speed and charges low transaction fees, Solana is one of the suitable networks for accessing cross-border payments.  10. Which Wallets support Solana? Solana&#8217;s SOL can be exchanged, staked, and stored in the Wallets like: Desktop Wallets, Mobile Wallets, and Hardware Wallets. Some of the most trustable wallets are: Ledger Phantom  Solfare Trust Wallet  Nano X SOL Price Prediction SOL News

SOL Archives

SOL Archives | Coinfomania

Solana co-founder Raj Gokal is not very worried about Robinhood delisting SOL as a tradable asset following regulatory uncertainty.

Solana Co-Founder: Not Worried Over Robinhood Delisting SOL, We Just Want Regulatory Clarity

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GalaGames

Gala

This article unpacks the struggles of two notable cryptocurrency projects — Gala Games (GALA) and Rocket Pool (RPL) — in comparison to the massive potential for Tradecurve (TCRV) that a renowned analyst sees. We will look at why these two projects are struggling and the details of how Tradecurve could climb to a 5,000% increase ... Read more

Gala Games and Rocket Pool Flounder, Renowned Analyst Envisions a 5,000% Boom for Tradecurve

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