According to the OKX market, SOL has broken through 48 USDT with a 24-hour increase of 13.34%, reaching a new high since August 2022.

According to Pai Shield monitoring, an address marked as FTX on the chain has once again transferred 250,000 SOL (worth about $10.9 million) to Binance. The current balance of SOL in the FTX address is about 1 million SOL (worth $43.4 million).

According to Whale Alert monitoring, at 16:46:07 today Beijing time, 453,344 SOL (approximately $18,768,952) was transferred from an unknown wallet to Kraken.

Spot On Chain monitoring shows that FTX has deposited 1.21 million SOL (worth $48.6 million) and 1,583 ETH (worth $3 million) into Binance and Kraken in the past 20 hours. Since October 24th (13 days ago), FTX and Alameda have transferred a total of 31 tokens worth $310 million to exchanges.

Jeremy Allaire, co-founder and CEO of stablecoin issuer Circle, announced on social media that Circle's new products will soon launch on the Solana blockchain, including its Euro stablecoin EURC and cross-chain transfer protocol CCTP. Once CCTP completes its support for Solana, users will be able to send and receive USDC stablecoins between Ethereum, Cosmos, AVAX, and other Layer 2 networks that support EVM.

Solana (SOL), a competitor to Ethereum (ETH), has surpassed Polygon (MATIC) in daily decentralized exchange (DEX) volume, according to data from blockchain tracking platform Artemis. Solana's DEX volume was approximately $240.5 million, while Polygon's was $137.5 million. Solana also surpassed its competitors, including ETH and Avalanche (AVAX), in terms of daily transactions, with 19.5 million on November 2nd. Solana's market cap has also been outpacing its competitors since the start of October, and its price has increased by about 300% since January 1, 2023.

On November 4th, the Solana Foundation announced the winners of the 8th Hackathon "Hyperdrive". The hackathon had a prize pool of up to $1 million in cash and seed funding. The grand prize winner was the AI chatbot FluxBot, which received a prize of 50,000 USDC. The remaining list of winners is as follows: Mobile DApps for users: Sollinked, Kizzy, Cliq, BinDApp, 3TV; Crypto infrastructure: epPlex, Ping, SolKeeper, Firethree, DeAuth; AI: Wysdom, Aperture, ByteIn, FRIDAY, GuardianAI; Games and entertainment: Solciv, SyncStudios, HyperdriveHavoc, Geoverse, FootballClubOwners; Finance and payments: Alexandria, Luxhaus, SurferFinance, Juicer, SeagullOne; DePIN: Shaga, Dain, Albedo, Vaxchain, Clusttr; ·DAO and network countries: PubkeyLink, Tatami, Hub3, DAOCre-8, Onda.

Solana co-founder and CEO Anatoly Yakovenko stated that about 20% of Solana's projects are invested by FTX or Alameda, and about 5% of Solana's projects have funds stored on the FTX exchange. For startups, the collapse of FTX is disastrous, as "start-up teams are watching their competitive track disappear." (cointelegraph)

According to Pai Shield monitoring, 4 hours ago, the address marked as "FTX Cold Storage #2" transferred 300,000 SOL (approximately $11.48 million) to the address starting with 4Axqyo. The "FTX Cold Storage #2" address currently still holds 971.16 SOL (approximately $37,923.79).

Jupiter Exchange, a Solana-based decentralized exchange, announced the launch of JUP token. According to the team's announcement, 40% of the upcoming JUP tokens will be airdropped to the Jupiter Exchange community, with approximately 955,000 eligible users. 20% of the tokens will be distributed through token sales, and the remaining 40% will be allocated to insiders and "strategic reserves". Jupiter's anonymous co-founder Meow stated that Jupiter will consult with the community over the next two weeks before finalizing the release schedule, and added that JUP will serve as a governance token.

Render Network, a decentralized GPU rendering platform for 3D content creation, has announced that it will officially migrate from Ethereum to Solana, becoming one of the largest projects on the chain. Render has allocated 1.14 million RNDR (equivalent to $2.6 million at the current token price) to subsidize user fees during the upgrade period and use Wormhole to facilitate asset transfers between chains. This move enables Render to leverage Solana to improve the processing efficiency of its global GPU network and achieve lower transaction costs.

On November 2nd, decentralized 3D rendering solution provider Render Network announced the launch of Solana and the introduction of a new SPL token, RENDER. It has proposed to provide a total of $2.2 million in RENDER incentives for early upgrades and liquidity pool rewards. <br>

On November 2nd, BitMEX founder Arthur Hayes posted on social media that he had just purchased SOL. Although he knows it is a poorly reputed SBF token and currently just a joke, its price is rising and he is a gambler.

Nansen monitoring shows that the wallet marked as FTX/Alameda transferred $16.8 million worth of cryptocurrency to Coinbase and other CEX yesterday. This brings the total amount of funds flowing through the entire EVM chain to $108.3 million, including SOL funds flow ($110.7 million), and the total amount of funds flow reaches $219 million. This includes $6.3 million in MATIC, $2.6 million in dYdX, $1.6 million in SUSHI, $1.35 million in GALA, and $1 million in USDC. FTX/Alameda still has $4 million in SOL pledged and not released.

On November 2nd, according to PeckShield monitoring, an address labeled as FTX transferred 250,000 SOL to Binance on Solana today.

According to Whale Alert monitoring, 282,695 SOL (worth about $11,969,243) was transferred from an unknown wallet to Binance at 12:39 Beijing time, as reported by DeepChain TechFlow.

According to OKX market data on November 2nd, SOL has broken through $46 in a short period of time, and is currently priced at $44.09 with a 24-hour increase of 22.1%.

The Ethereum virtual machine Neon EVM on Solana has announced plans to become the first EVM to support multi-token gas payments. Andrey Falaleev, Chief Technology Officer of Neon, stated that users will be able to make payments using supported tokens such as SPL, USDC, and SOL. This feature is expected to be launched by the end of this year.

According to Yu Jin Detection, 15 minutes ago, FTX address (FTX Cold Storage #2) redeemed 1,600,645 SOL (worth $65.46 million) from pledge. Currently, the address still has 3,963,725 SOL ($162 million) in pledge. FTX/Alameda address has accumulated a transfer of 1,259,886 SOL ($40.67 million) to CEX since 10/25.

According to OKX market data on November 1st, SOL broke through $40, reaching a new high for the year and is currently priced at $40.04, with a 24-hour increase of 10.12%.