Solana Labs announced that the GameShift beta is now online, allowing game developers and studios to mint and trade game assets on a large scale to users at lower on-chain fees and Web2 speeds.

Google Cloud announced that Solana data will be included in the BigQuery public dataset plan.BigQuery is Google Cloud's serverless, cost-effective data warehouse with built-in machine learning (ML), artificial intelligence (AI), and business intelligence (BI) capabilities.

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On October 31st, the Solana Foundation announced that Solana nodes can now quickly deploy infrastructure-as-code applications on AWS using the AWS Blockchain Node Runners repository. <br>

On October 31st, Solana Foundation announced at the Breakpoint, the annual conference of the Solana community, that the second node validator for Solana, Firedancer, developed by Jump Crypto, has officially launched on the testnet. <br>

The market showed SOL breaking through $33, now reporting at $33.01 with a daily increase of 3.81%. The market is volatile, so please be prepared for risk control.

Solana Labs has launched its Solana Web3 Incubator program to support Web3 start-ups facing challenges with integrations and fundraising. The program will provide resources such as engineering, go-to-market and fundraising support, user experience feedback, and guidance on integrations with the Solana blockchain. Solana Labs aims to remove obstacles facing founders so that they can focus on solving problems for their users. The company hopes that the program will bring more sustainable businesses to the Solana ecosystem and help the Web3 industry grow. Solana is also being touted as a reliable indicator for tracking Bitcoin price movements.

On October 27th, Solana Labs announced the launch of its incubator, Solana Incubator, with an application deadline of November 30th. The selected teams will work directly with Solana Labs to meet their specific needs, including participation in blockchain development, design and product launch planning, fundraising support, and venture capital introductions, among others.

PeckShield has monitored that FTX's cold wallet address on Solana has transferred approximately 470,000 SOL (about $15 million). Some of the funds have been sent to CEX, such as Binance. FTX's cold wallet address on the Ethereum chain has transferred approximately $2.5 million worth of cryptocurrencies, including 11,000 COMP and about 97,400 RNDN to Wintermute's Binance deposit address.

Website of Marinade, a liquidity staking protocol on Solana, has started blocking users from the UK, but it has stated that UK users can still use its SDK for unstaking and other operations. In addition, Orca Finance, a DEX on Solana, has also restricted access for UK users. Both actions are due to concerns about regulation by the UK Financial Conduct Authority.

A prominent trader who accurately predicted the bottom of Bitcoin's bear market in 2018 believes that Solana (SOL) is poised for a breakthrough once it surpasses its multi-month accumulation range. The trader, known as Bluntz, suggests that SOL is likely to break out against both Bitcoin and the US dollar. Bluntz is also bullish on Ethereum (ETH), which he believes may be setting up for a rally after respecting support at $1,550 and printing a bullish higher-low setup. At the time of writing, Solana is worth $29.44 and Ethereum is worth $1,632.

According to the market data from Eu Yi OKX, the SOL/ETH exchange rate has reached a 23-year high of 0.018 and has returned to the level of November 9, 2022. As previously reported , SOL fell 30% on November 9, 2022 when FTX announced the closure of its withdrawal function.

According to DefiLlama data, Solana network's TVL has increased to $348 million.

Solana, a competitor to Ethereum Layer-1, has seen a 10% surge in price, breaking through the resistance level of $25 and currently trading at $25.96. Technical indicators suggest that the price rally is likely to continue, with the Relative Strength Index (RSI) indicating strong bullish sentiment and the Awesome Oscillator (AO) confirming the dominance of bulls.

Lido Finance, a decentralized liquid staking protocol, will be ceasing operations on the Solana blockchain due to unsustainable financials and low fees generated. The decision was made following a community vote in Lido's decentralized autonomous organization. Lido will not be accepting staking requests as of October 16, and voluntary node operator off-boarding will begin on November 17. Lido's staking services will now only be supported on Ethereum and Polygon.

Squads Labs, the developer of Solana-based multisig protocol Squads, has raised $5.7 million in a strategic funding round led by Placeholder VC, with participation from Multicoin Capital, Solana Ventures, Jump Crypto, and others. The round brings the firm's total funding to $12.5 million. Squads is a multisig protocol that helps crypto firms secure and manage their digital assets on-chain, and it has helped secure over $500 million in assets for over 100 clients since launching in 2021. With fresh funding, Squads plans to enhance its offering and launch its retail-facing iOS product later this year.

The Solana Foundation is launching a bug bounty in response to rumors that ex-FTX chief Sam Bankman-Fried had the ability to disable the blockchain. The bounty offers a $400k reward for anyone who can find a flaw that could shut down the blockchain. It is unclear how a single developer could shut down a decentralized blockchain, but the bounty may reassure the community and distance Solana from Bankman-Fried and FTX. Bankman-Fried's ongoing criminal trial has also impacted Solana's value, with the token falling 6% in the last week.

Solana, a competitor of Ethereum, has seen a surprise increase of 4% in its price amidst a broader market sell-off. The current Solana price is $22.07, with a market cap of $9.1 billion. This surge in price coincides with the announcement of a $400,000 reward by the Solana Foundation for anyone who can find a code capable of "turning off" Solana, which is part of a broader security bug bounty program. The program encourages ethical hackers to identify vulnerabilities in the blockchain, with rewards ranging from $1 million to $2 million in locked SOL tokens.

Jacob Creech, the head of developer relations at the Solana Foundation, announced the launch of a $400,000 bug bounty program to incentivize the identification of vulnerabilities that could potentially lead to remote attacks capable of splitting the Solana network.

According to Placeholder partner Joel Monegro, Ethereum is a modular blockchain similar to Android that is rapidly becoming a platform for third-party networks, supporting multiple types of applications and networks, but is not the destination for most end-users and developers.