Solana News: Voltix AI and Solpen Collaborate to Boost AI-Powered DePIN on Solana

Voltix AI, a leader in AI technology, has forged a partnership with Solpen, a renowned Solana blockchain-based platform. This alliance aims to accelerate the adoption of AI-driven Decentralized Physical Infrastructure Networks (DePINs) on Solana, opening up new avenues for both communities.

Voltix AI Partners with Solpen to Accelerate AI-Powered DePIN Adoption on Solana

Voltix AI, a prominent player in AI innovation, has announced a strategic collaboration with Solpen, a well-known platform operating on the Solana blockchain. The partnership aims to expedite the expansion of AI-led Decentralized Physical Infrastructure Networks (DePINs) on the Solana network, increasing opportunities for both platforms' communities. This collaboration combines Voltix AI's transformative potential with Solana's scalable and high-speed blockchain technology, intending to lead to more effective operations across decentralized networks.

Helius Labs CEO Defends Solana Against Scam Accusations

Helius Labs CEO Mert Mumtaz has defended Solana against scam accusations following the Libra meme token crash. Mumtaz, a hardcore member of the Solana community, took to social media to share his opinions, stating that many of those complaining about scams on Solana are from other chains. Solana continues to thrive despite obstacles due to its cult-like community.

Solana (SOL) Gearing Up for Potential Surge to $264

Solana has recently registered minor gains, rising by 5.05% in the past seven days. Despite a period of market decline, renowned market analyst Ali Martinez predicts that Solana is poised for further upside with potential price targets in sight. According to Martinez's bullish prediction, SOL could reach multiple price targets based on Fibonacci retracement levels and the formation of a parallel channel on the SOL/USDT chart. The overall bullish trend is indicated by Solana's movement in an ascending channel.

Solana Outpaces Ethereum in Transaction Fees and Trading Volume

Solana has consistently outpaced Ethereum in 7-day average transaction fees since January, maintaining a significant lead. Its trading volume has also surpassed Ethereum over the past few months, raising questions about market preference and the potential for higher adoption and price gains for Solana.