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).
Zeta is delighted to announce that they have partnered with Friktion to build the future of finance on Solana!
What Does This Mean?
Friktion is integrating Volts (composable structured...
OneRare is thrilled to announce it has become the Official Food Partner for SolChicks. Solchicks is the leading fantasy NFT PvP and P2E gaming ecosystem on the Solana blockchain, and they...
Solvent Protocol, the first-ever liquidity platform for NFTs on Solana, has closed its private funding round, raising $1.8 million.
Participants in the funding round include CMS, Solana...
Soldex is thrilled to announce a strategic partnership with Larix — the first metaverse-based finance protocol on the Solana ecosystem.
Larix is the first and only protocol to support LP...
Bonfida is excited to announce that Coin98 has completed its integration of the Solana Name Service (SNS) to their mobile wallets on both iOS and Android.
Since Sep 2021, Bonfida and...
xHashtag, a DAO for the Future of Work, has partnered with Dopamine to bring us the best of the crypto economy!
Partnering up to democratize access to blockchain knowledge and furthering...
SolChicks proudly announce Binance NFT as their exclusive partner for the upcoming 3rd and final wave of the genesis SolChicks NFT mint, to be held on 11th January 2022!
Binance NFT is a...
MetaversePad is the first platform to fundraise multi-chain metaverse games initiated by Good Games Guild. And they are contented to announce that Battle of Guardians — the first NFT...
DarleyGo is extremely excited to announce that they have officially closed their seed round with JumpCapital the leading funding to accelerate its game development!
With the new set of...
SolChicks is excited to announce its partnership with Altura, a Binance Smart Chain-based NFT marketplace for buying, selling, and sending NFTs.
Altura aims to bring together gaming,...
Lifinity is excited to announce its partnership with Jupiter, the key liquidity aggregator for Solana!
Jupiter will be integrating their proactive market-making pools so that all of...
Space Falcon is thrilled to announce its strategic partnership with Cyclos, the only concentrated liquidity market maker on Solana.
Cyclos will be supporting Space Falcon in their marketing...
Pyth Network Price Feeds are now available on Neon Labs to Unlock HiFi Price Feeds for EVM Developers on Solana!
This implementation empowers any Ethereum applications deployed on Solana via...
Socean is incredibly pleased to announce that Grape Network will be using Socean Streams to purchase their own liquidity and power their unique membership model.
The Grape Community...
Allbridge is thrilled to announce its partnership with Jupiter — the key liquidity aggregator for Solana! Jupiter tracks the assets on Solana DEXs to offer the best discovery route...
StarLaunch is pleased to announce the construction of a brand new space station, the Astropools station.
Astropools will serve as an additional hub for intergalactic commerce, ushering in a...
Marinade Finance and Solflare wallet are teaming up to help further the decentralization of the Solana blockchain. Marinade’s liquid staking solution has now been integrated directly...
The Algorand Foundation announces today that it has awarded a grant to Glitter Finance. The grant award will facilitate the creation and development of a cross-chain bridge between five...