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).
Notifi takes pride in its ease of use and ability to integrate with any web3 product. The platform is always ready to deliver best-in-class crypto alerts to all applications, whether...
Bonfida is the full product suite that bridges the gap between Serum, Solana and the user, has partnered with Wormhole, a communication bridge between Solana and other top DeFi...
Multi-Chain continuous settlement protocol, Zebec, announced its partnership with Lira Financial, a utility token used to purchase goods or services.
Zebec has officially announced its new...
Playdex, a gaming NFT rental marketplace, announced its partnership with Reign of Terror, a Cyberpunk Multiplayer Tactical RPG Game built on Solana.
Playdex partnership with Reign of Terror,...
Soladefy, a GameFi launchpad built on the Solana network, formed a strategic partnership with Clarnium, an ecosystem for the mass adoption and growth of gamefi.
Soladefy strategic...
DIA, a multi-chain, end-to-end, open-source data and oracle platform for Web3, announced integration with Neon Network’s Testnet.
DIA oracles integration with Neon Network’s testnet,...
With the recent integration of Snowflake, Notifi expands its position as the leading notification and communication provider for treasury in web3.
The most trusted multisig platform on...
SolaDefy, the pioneer GameFi launchpad, announced its partnership with Arena Games, the pinnacle of blockchain gaming technology.
Soladefy, the first Gamefi Launchpad in the blockchain to...
Notifi, a company that integrates notifications and messaging into decentralized applications, has announced a few collaboration accomplishments.
Notifi few collaboration accomplishments...
Powering payments for the Web3 economy, Helio, announced its integration with Squads Protocol, the multisig standard built on Solana.
Helio has announced the successful integration of Squads...
Releap is a music distribution protocol where artists can publish their tracks as a set of NFTs to be discovered, enjoyed and traded on a chain, which is now powered by Pyth Data.
Pyth...
Marinade Finance, the leading non-custodial liquid staking protocol on the Solana blockchain, introduces mTransaction.
Marinade Finance introduces mTransaction, a way for any user to get...
Neon EVM, an Ethereum virtual machine on Solana that enables dApps on Ethereum to scale and get access to liquidity on Solana, will go live on Mainnet on December 12, 2022.
Neon EVM will go...
A Multisig Treasury Management and Streaming Payments built on Solana, Zebec Foundation has announced the launch of a $10M ZBC Ecosystem Fund to further support their communities and...
Sypool, a synthetic asset management protocol built on Solana, announced its collaboration with Space Falcon, an Intergalactic Solana metaverse featuring PvP space shooter game with...
Full-suite data network used to build the backend for all web3 dApps and protocols, PARSIQ announced its strategic partnership with Hypersea, a decentralized exchange built on Solana.
PARSIQ...
DIA, a multi-chain, end-to-end, open-source data and oracle platform for Web3, announced its collaboration with Epics, a decentralized crowdsourcing platform for incentivizing open-source...
Hawksight, one of Solana’s fastest-growing DeFi yield strategy aggregators announced its partnership with the largest, most diversified Investment Fund on Solana Blockchain, Pugging...