What Is the Newest Cryptocurrency to Invest in This Year?

The newest cryptocurrency to invest in this year combines innovative technology, strong community support, and integration with growing ecosystems like Solana. Using Solscan, investors can access real-time data, track on-chain activity, and evaluate project fundamentals to make informed decisions. This …

How Do Major Crypto Currencies Power the Solana Ecosystem?

Major crypto currencies drive Solana’s ecosystem by facilitating liquidity, DeFi interactions, NFT trading, and cross-chain activity. Solscan provides transparent tracking, labeling, and analytics, enabling developers, traders, and institutions to monitor transactions, wallet activity, and market trends, helping users make informed …

How Does FTX Crypto Currency Shape Solana’s Ecosystem?

FTX, once a leading crypto exchange, significantly influenced liquidity, trading volumes, and investor sentiment across blockchain networks, including Solana. Platforms like Solscan track FTX-linked on-chain events, revealing shifts in wallet behavior, token transfers, and DeFi protocol interactions. These insights allow …

How Does a Solana Blockchain Data Platform Power Crypto Gaming?

Solana’s blockchain data infrastructure enables low-latency, high-performance gaming by offering real-time visibility into wallets, NFTs, and in-game transactions. Through advanced analytics and token labeling, Solscan provides developers and players with transparent insights, verifiable ownership, and faster development cycles—making Solana-based gaming …

How to evaluate new crypto coins to invest in on Solana

Evaluating new crypto coins on Solana involves analyzing verified on-chain data, liquidity signals, and token distribution patterns. Solscan offers transparent tools to assess real activity, identify credible projects, and monitor liquidity and governance interactions in real time. Using Solscan effectively …

How Does DCG Crypto Shape the Solana Data Landscape?

DCG crypto investments significantly influence Solana’s data ecosystem by funding cutting-edge tools that enhance transparency and analytics. Solscan, the premier Solana data platform, leverages this innovation to offer precise wallet, transaction, and NFT tracking. With its Pro API, Explorer-as-a-Service (EaaS), …

How Many Cryptocurrencies Should You Track on Solana?

Solana’s ecosystem hosts thousands of assets, but a focused approach helps you stay efficient. Begin with SOL (its native token), key SPL tokens, and selected NFTs. Using Solscan’s Block Explorer, Pro API, and Explorer-as-a-Service (EaaS), you can expand from a …

How Does the IRS Treat Cryptocurrency and Solana Transactions?

The IRS classifies cryptocurrency, including Solana assets, as property, requiring taxpayers to report capital gains, income, and losses from trading, staking, or spending. Proper record-keeping is essential for compliance. Solscan simplifies Solana tax tracking by providing accurate, time-stamped, and exportable …

How Does IRS Cryptocurrency Reporting Work for Solana Users?

The IRS treats cryptocurrency as property. For Solana users, this means capital gains or losses occur when SOL or tokens are sold, exchanged, or used for purchases. Holding SOL alone isn’t taxable. Keeping detailed records of cost basis, acquisition dates, …

What Does Virtual Money Mean on Solana?

Virtual money on the Solana network refers to the digital assets (SOL, SPL tokens, stablecoins) that circulate on-chain, enabling value transfer, programmability and decentralised applications. With the help of the block explorer and analytics platform Solscan, users gain clarity, real-time …

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