SHILL Issue 10

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FlippingCARDANOathSOLANASOL is now the fifth-largest crypto asset by market cap.Jeff BensonSOL, the native coin of the smartcontract-enabled blockchainSolana, has risen in price by 7%over the last 24 hours to becomethe fifth-largest cryptocurrency bymarket capitalization, according toCoinGecko.In doing so, it has flippedCardano’s ADA, which has beenunable to keep pace with its fellow“Ethereum killer.” ADA’s price isup 2% on the day, but it has shed8% of its value over the last week.Solana’s market cap now standsat above $64 billion, compared to$63.5 billion for Cardano.Solana has been faster out of thegate than Cardano, moving quicklyto bring the principle aspectsof Ethereum—smart contracts,decentralized finance (DeFi)applications, NFTs, and the like—to a speedier and less-congestednetwork.Though the network’s speed hascome with potential securitydrawbacks and several days ofnetwork outages this year, themetrics remain positive. The priceof SOL reached an all-time highof $219.05 just eight days ago,and the current price of nearly$213 is just slightly off the pace.Moreover, according to cryptostats site DeFi Llama, the valueof crypto assets in Solana DeFiapplications is at a recordhigh—letting people swapassets, earn interest, andborrow funds without a thirdparty.Cardano, meanwhile, hada shaky smart contractlaunch in September and hasyet to build a comparableecosystem of decentralizedapplications.However, Cardano founderCharles Hoskinson—one of the creators ofEthereum—has beentouring East Africa to ginup interest in the network.His IOHK labs recentlysigned a memorandum ofunderstanding with Burundi.4SHILL Issue #10
Secondary NFTSOLANAsalesBREAK $1.5billionBRIAN QUARMBYCryptoSlam ranks Solana asthe fourth-best NFT blockchainbehind Ethereum, Ronin andWax in terms of 24-hour salesvolume.transactions as of Nov. 2, withthe average sale per NFT tallyingin at $1,500.The data shows that Solanasaw a record month forsecondary NFT sales volumeSecondary sales volume forSolana (SOL) based nonfungibletokens (NFTs) has reachedalmost $500 million since thestart of August.According to data fromCryptoSlam, secondary salesof Solana NFTs have generateda total of roughly $497.7million from around 348,000during September with a totalof $189.4 million. While Solanais seen by some as an ‘ETHkiller’ the Ethereum blockchainremains the most popular withNFT aficionados and secondarysales on Ethereum topped $2.2billion that same month.Messari research analyst MasonNystrom highlighted the data viaSHILL Issue #10 5
Page 1 and 2: SHILLSOLANA NFT/DEFI/TWITTER COMMUN
Page 3: 4Flipping61011ADAJeff Benson sums u
Page 7 and 8: The SaintECLECTICBack 2 Back launch
Page 9 and 10: @SoliconsNFTSHILL Issue #10 9
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Page 17 and 18: Q2/Q3 2022 is about the production
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Page 21 and 22: Are you not entertained!? $WOOF $WO
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Page 27 and 28: Top NFT / Top TVLSolanaNews @Solana
Page 29 and 30: BitBaddiesbitbaddies.holaplex.comCa

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