#solana

Dan Albert, Executive Director of the Solana Foundation, dismissed claims of network centralization, arguing that coordinating updates with validators is consistent with decentralization principles. The concerns emerged after a confidential discussion and the release of a security patch by validators and developers.

Adam Cochran, a crypto commentator, has suggested that Martin Shkreli may have violated his parole terms by being involved with the DJT token on the Solana blockchain.

American rapper Waka Flocka Flame (born Juaquin Malphurs) has launched his own cryptocurrency token, FLOCKA, on the Solana blockchain. He announced the coin on X with a video declaring "We live right now," which has already garnered over 280,000 views from his 1.8 million followers.

Sonic, a second-layer gaming blockchain built on Solana, has raised $12 million in its latest funding round, reaching a diluted valuation of $100 million. Prominent venture firms like Bitkraft Ventures, Galaxy Interactive, OKX Ventures, and others participated in the investment.

Solana Labs has launched Bond, a new product tailored for corporate clients, enabling brands to create loyalty programs using blockchain technology.