Solana News
What is Solana (SOL)?
Solana is a blockchain platform known for its speed and efficiency. Solana aims to provide a high-performance, low-latency platform for decentralized applications (dApps).
The project began in 2017 with the goal of creating a blockchain that can handle over 10,000 transactions per second. Solana has grown to become one of the largest cryptocurrencies in the world.
How does Solana SOL work?
The Solana project is intended to be the first of a new kind of blockchain. It was inspired by Bitcoin, Ethereum, and other blockchains, but it has been designed to be very different from them. The purpose of the project is not only to create a new cryptocurrency; its creators have also built an entirely new kind of blockchain.
What makes Solana unique?
Solana is a new blockchain protocol that uses proof of history, and a unique algorithm to validate transactions. Most blockchains use either a proof-of-work or proof-of-stake consensus mechanism, with proof-of-stake being the more efficient option. Solana uses a hybrid protocol that combines proof-of-stake with proof-of-history for even faster processing
One of the most exciting developments with Solana has been Solana Pay, a free-to-use payments framework. It allows merchants to accept payments directly from customers through the Solana network. Payments are made in stablecoins such as USD Coin which are designed to maintain a stable price.
Is Solana better than Ethereum?
While both Ethereum and Solana were created as open-source platforms that allow users to build and design their own applications, Solana boasts some benefits over Ethereum, including its ability to process transactions nearly instantly, at a fraction of the cost.
Is Solana a good investment?
Solana is a high-speed, low-cost, and secure blockchain that supports decentralized apps (dApps). The Solana blockchain is highly efficient and very stable, and it offers low transaction fees for users. These factors combine to give the coin potential as a good long-term investment as far as cryptocurrency goes. SOL is currently trading closer to its lows, potentially making it a good deal.
We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Saber is excited to partner with Eversol to create the first eSOL-SOL pool, making staking on Solana liquid and accessible to all.
Eversol eSOL is a stake pool for the Solana blockchain....
Allbridge proudly announces the upcoming integration of XRPL and is expected to go live at the end of Q2 2022.
Allbridge, a cross-chain bridge with more than $500 million in total value...
Allbridge is excited to collaborate with Rose to bring the first BUSD liquidity pool to the Aurora network.
This partnership allows them to expand access to stablecoin assets on...
STEPN, the first Web3 running app with fun social and game elements, raised a $5.0M seed round from leading investors including Sequoia Capital, Folius Ventures, Solana Capital, Alameda...
Francium is thrilled to announce that they are integrating to Chainlink Price Feeds to help secure user lending and leveraged yield farming on the protocol.
Chainlink is the...
Saber proudly announces its partnership with UXD Protocol, the first UXD-USDC pool on Solana!
UXD is an algorithmic stablecoin, backed 100% by delta neutral position. UXD Protocol is...
InsurAce.io is delighted to confirm that they have agreed to an official partnership with the Tulip Protocol.
Tulip Protocol is the first yield aggregation platform built on Solana with...
SolChicks is proud to announce that they have partnered with BlockchainSpace, a hub for play-to-earn guilds within the Metaverse community.
BlockchainSpace envisions to become a leading...
Allbridge is a simple, modern, and reliable way to transfer assets between blockchains is thrilled to launch a new bridge between Terra and Celo!
With the assistance of their partners at...
Saber is proud to announce, in partnership with Allbridge, Wrapped LUNA (from Terra) and Wormhole LUNA is now live on Saber!
Terra is a public blockchain protocol deploying a suite of...
Vybe Network is delighted to announce the closing of a $2.5 million funding round which was supported by leading venture capital firms and angel investors.
The seed round was co-led by...
Solice is the interconnected metaverse of virtual worlds, NFTs, and communities announce that the Solice Genesis Staking is now live!
Stake in the genesis pools to receive rewards that you...
Metafluence is pleased to announce its strategic partnership with SolChicks.
SolChicks is a leading NFT powered fantasy PvP and P2E gaming ecosystem on the Solana blockchain. SolChicks...
Breach is delighted to introduce its new partner xHashtag, a strong project in the crypto space leveraging community talent to accelerate community growth by rewarding valuable...
Port Finance proudly announces the launch of PortDAO. The PortDAO will be involved in making key decisions to steer the ship!
Initial matters to discuss on will include: Liquidity Mining...
Space Falcon is thrilled to announce an amazing partnership with Cropper. Cropper provides Space Falcon with Solana-specific experience and expertise that they believe will prove vital to...
Zeta is delighted to announce that they have entered into a strategic partnership with LedgerPrime to provide day one liquidity and price discovery as a dedicated market maker on Zeta as...
SupraOracles is delighted to announce they have partnered with xHashtag, a DAO ecosystem that is building a robust community accelerator platform. This will allow users to complete simple...