Sheldon Cooper

Dec 9, 2024 | solanafloor.com | Sheldon Cooper

The Solana NFT market is experiencing a resurgence, driven by upcoming airdrop and renewed interest in key collections. The much-anticipated $PENGU airdrop by Pudgy Penguins has sparked a wave of activity, with NFT floor prices climbing across the board. Last week, Pudgy Penguins, a leading Ethereum NFT project and popular IP brand, announced their entry into Solana with the launch of the $PENGU token.

Dec 6, 2024 | solanafloor.com | Sheldon Cooper

Streamflow Foundation, the entity steering the Streamflow protocol, has unveiled the $STREAM airdrop eligibility checker ahead of its token launch on December 17th, 2024. The airdrop will distribute 10% of the total token supply as retroactive rewards for users and community contributors. This move follows a growing trend in the crypto space, with projects establishing foundations to streamline token distribution and mitigate regulatory concerns, particularly in jurisdictions like the US.

Dec 5, 2024 | solanafloor.com | Sheldon Cooper

Meteora has launched M3M3, a groundbreaking stake-to-earn platform designed to address the challenges plaguing the meme coin market. With a focus on rewarding long-term holders, M3M3 allows top stakers to earn fee rewards from permanently-locked liquidity pools, promoting holding over selling. By offering customizable staking options and reducing sell pressure, M3M3 aims to create a sustainable ecosystem for meme coins.

Dec 4, 2024 | solanafloor.com | Sheldon Cooper

Grayscale, a leading crypto asset manager, has officially joined the race to launch a Solana spot exchange-traded fund (ETF) in the U.S., filing with the Securities and Exchange Commission (SEC) to convert its Grayscale Solana Trust ($GSOL) into an ETF. The move adds Grayscale to a growing list of asset managers, including VanEck, 21Shares, and Canary Funds, who have previously submitted applications for Solana spot ETFs. Grayscale currently manages $120 million in assets under its Solana Trust.

Dec 3, 2024 | solanafloor.com | Sheldon Cooper

Neon EVM has introduced a Solana-native framework to streamline the integration of Ethereum-based applications within the Solana ecosystem. According to a press release shared with SolanaFloor, the company unveiled its latest whitepaper outlining new features designed to enhance user and developer experiences. This innovation builds on Solana’s advancements earlier this year, such as the introduction of token extensions, which revolutionized how enterprises interact with blockchain technology.