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Solana
Bernstein: Recent Gains in Some Cryptocurrencies Caused by Short Covering
Altcoins such as solana and lido have gained more than 20% as investors betting on a decline have covered their positions, a report from the brokerage firm said.

Bonk Inu to Mint NFTs on Solana-Based Marketplace Magic Eden. But There's a Catch
A representative told CoinDesk that all BONK tokens used to mint the NFTs will be permanently burned.

Beaten-Down FTT, Serum Tokens Lead Altcoin Rally, Triggering Short Squeeze
Traders liquidated some $245 million worth of short positions, according to Coinglass.

Polygon Paid Top Solana Projects Y00ts and DeGods $3M to Migrate Chains
DeLabs, the company behind the NFT projects, received a non-equity grant from the layer 2 chain to fund its expansion.

Solana vs. Polygon: A Developer’s Perspective
A look at the scalability, security and performance of two of the most popular smart contract blockchains, written by someone who has built on both and chose Solana for an upcoming wallet app.

Shiba Inu-Themed BONK Tokens Are Yielding Nearly 1,000% for Solana Liquidity Providers
The meme coin is up over 150% in the past 24 hours and have recorded some of the highest trading volumes on Solana-based decentralized exchanges.

Solana Exec Says Platform Still Gaining New Users Despite FTX's Collapse
Former FTX CEO Sam Bankman-Fried, who is facing fraud charges, was a big Solana proponent.

Solana Surges as Memecoin Bonk Fires Up Community Interest
Solana's SOL token has been jumping in the past 24 hours, while other cryptocurrencies like bitcoin (BTC) and ether (ETH) are trading sideways. This comes as interest in the Solana community is swirling around the decision by the newly launched shiba inu-themed token Bonk (BONK) to do a large airdrop. "The Hash" panel discusses what this means for the ecosystem at large, as the token has faced recent selling pressure due in part to Solana's close links to Sam Bankman-Fried.

Solana Foundation Exec on FTX and Alameda's Impact on the Ecosystem
Sam Bankman-Fried was a prominent backer of Solana, and the token has faced recent selling pressure in the wake of FTX's collapse. Solana's Head of Strategy and Communications, Austin Federa, discusses the current state of the ecosystem amid lingering crypto contagion concerns.

Solana Outlook in the Wake of Sam Bankman-Fried's Downfall
Solana's native token SOL has fallen roughly 90% in the past 12 months following the collapse of one of its most prominent backers, FTX. Solana Foundation's Head of Strategy and Communications, Austin Federa, joins "First Mover" to discuss his outlook for the blockchain. Plus, insights on SOL tokens' recent surge as the newly launched Bonk token gains interest in the community.
