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).
Acumen is integrating Chainlink Price Feeds, to help use decentralized finance to power Microfinance Globally.
Acumen is a Solana-based DeFi Protocol, whose mission is to make the global...
Sperasoft, a Keywords Studio, and Star Atlas have announced an ongoing partnership to develop the intergalactic blockchain gaming metaverse.
Star Atlas enables players to experience life...
Solice is thrilled to announce that they had raised $4.36M in the seed round funding led by Three Arrows Capital, Animoca Brands, and DeFiance Capital.
Solice is excited that additional...
Solstarter is delighted to announce the whitelist for RunNode’s upcoming IDO for RUN is live now!
The Whitelisting process for RunNode is not based on FCFS...
Good Games Labs is very excited to finally announce its first-ever incubations project ‘Battle of Guardians’ to the public.
They are so grateful for the amount of support and...
Mean DAO announces that they have raised $3.5 million on a strategic round from some fantastic investors and builders. Three Arrows Capital, SoftBank’s SB Opportunity Fund, and DeFiance...
Solana is one of the fastest programmable blockchains in the cryptocurrency space following the increasing development and adoption. Solana’s speed and low transaction fee have captivated...
The Pole Aggregator protocol is a decentralized protocol governed by the Pole DAO. The Pole Governance Token (“POLE”) will be used to make decisions about the future of the protocol....
Saber continues its partnership with the Wormhole token bridge, enabling new liquidity pools for Wormhole V2 SRM / SRM, Badger ibBTC / renBTC, and Huobi BTC (via Ethereum) / renBTC.
To...
Soldex team proudly announces that Darkpool Ventures has joined them as project backers.
Market makers such as DarkPool ventures are needed to enable liquidity in the market, which in turn...
GamifyClub is excited to share the launch of GameFi launchpad and its Public Sale coming on the 2nd of December at 11:00 UTC.
GamifyClub will be listing GMFC on Raydium on the 3rd of...
PARSIQ is pleased to announce a strategic partnership with Starbots, a new blockchain game that offers some truly interesting ways of utilizing our technology.
Within the entertainment...
Nosana helps open source projects to build software faster, more cost-effective, and secure. The first decentralized computation platform powered by the Solana Network, and fueled by...
Cropperbros Research is now an investing partner of Hawksight. Hawksight’s platform provides actionable data to retail investors and institutions by using AI to optimize crowdsourcing...
Good Games Guild is very proud to officially announce that they have formed a strategic partnership with Starbots — the first-ever playable robot battle NFT game on the Solana...
Bonfida is excited to announce the launch of Jabber, a mobile messaging app that is available on iOS and Android.
Bonfida recently delivered an on-chain messaging service, built on the...
DeSyn Protocol is excited to announce that they have partnered with Solv Protocol, in which both projects will collaborate on technical and business aspects. Solv Protocol is the...
Pyth network proudly welcomes Figment as a contributor and partner to bring forth the advancement of web3 development and DeFi by both facilitating the usability and enhancing the...