Solana News: Everstake Launches Wallet SDK to Simplify Staking Integration Across Multiple Blockchains

In a move that could significantly boost the adoption of staking across various blockchain networks, Everstake, a prominent staking provider, has introduced a Wallet SDK. This open-source tool is designed to make it easier for developers to integrate staking functionality into wallets, even if they lack prior experience. Here`s a closer look at this groundbreaking development.

Everstake Introduces Wallet SDK for Seamless Staking Integration

Everstake, a leading staking provider, has launched Wallet SDK, an open-source tool enabling developers to integrate staking functionality into wallets within hours, even without prior experience. The SDK supports multiple blockchains, including Ethereum, Aptos, Solana, Polygon, Cosmos, Babylon, and Berrachain networks. This move addresses the technological complexity barrier in blockchain adoption, as only a small percentage of IT engineers specialize in blockchain development.

Solana Drops Below $140 as Fall Continues: Can SOL Rebound?

The cryptocurrency market has struggled this week with Bitcoin falling below $90,000. Solana (SOL) has been one of the hardest hit, dropping below $140. Its movement will depend on the overall market sentiment, which has been negatively affected by rising geopolitical tensions and economic uncertainty. However, there is potential for a rebound driven by positive sentiment in recent weeks. It remains to be seen if SOL can return to its previous high levels.

Whale Unstakes $198 Million SOL Tokens As Solana Struggles With Market Fears

Today, a prominent whale unstaked 1,366,028 Solana (SOL) tokens worth $198 million and transferred them to the crypto brokerage platform FalconX. Subsequently, 40,202 SOL tokens ($62.6 million) were moved to Binance and Coinbase, sparking rumors about a potential sell-off and its effect on SOL’s price.

Solana Dips To 5-Month Low As Memecoin Traders Retreat Post-LIBRA Scandal

The cryptocurrency market is experiencing significant turbulence this week, with Solana (SOL) facing particularly steep challenges. Following the historic hack of the ByBit exchange and President Trump’s controversial tariff proposals, the overall crypto market has seen a downturn. In contrast, Solana has plummeted 22%, reaching a new five-month low. As reported by Fortune, the decline in Solana’s value can be attributed to its association with recent celebrity-backed memecoin scandals, particularly the LIBRA incident. This cryptocurrency surged to a nearly $5 billion market cap before crashing.