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).
Skiff, a fully end-to-end encrypted and decentralized collaboration platform, has joined the Bonfida Solana Name Service family! To serve as a decentralized email address, Skiff has joined...
Ratio Finance, a technique for Collateralized Debt Positions on Solana that focuses on risk assessment and mitigation introduces Liquidations. Ratio Finance introduces liquidations to...
Get Set Play, a groundbreaking, DAO-governed esports gaming and streaming platform that leverages blockchain technology, announced its partnership with Dragon War. Get Set Play has formed...
Multi-Chain continuous settlement protocol, Zebec, has announced its Insta-Swap integration with Ratio Finance. Zebec announced the integration of the Insta-Swap feature, an exclusive...
Tatum, the fastest way to develop blockchain apps, has completed a $41.5M funding round to accelerate the growth of its unique blockchain development platform, speeding time to market for...
Jupiter Aggregator, the best swap aggregator, and infrastructure for Solana announced a partnership with Snowflake, a multisig wallet and on-chain automation provider for Solana. Snowflake...
Aver, a fully decentralized, peer-to-peer, orderbook-based prediction exchange on Solana blockhain, has launched its Software Development Kits. Aver launched its Software Development Kits,...
The first decentralized play-to-earn launchpad and ecosystem, built on Solana, Soladefy, forms a strategic alliance with Caduceus. SolaDefy forms a strategic alliance with the first...
Rage Effect, the First AAA-graphics Play-and-Earn FPS game on Solana, announced its new partnership with Elixir, a play-to-earn blockchain gaming sector pioneer. Rage Effect partnership with...
Fractal, a marketplace for in-game assets and virtual worlds on Solana, introduces Mint on Demand functionality. Fractal introduces “mint on demand” functionality, launching as part of...
SupraOracles, bridging real-world data to automate, simplify, and secure the smart contracts of financial markets, announced a partnership with Solaunch, a platform for DeFi, art, and...
A Multisig Treasury Management and Streaming Payments built on Solana, Zebec, introduces Operation Horizon. The Continuous Settlement Protocol has introduces Operation Horizon –...
Cropper Finance, a decentralized platform on the Solana blockchain, has announced that the IDO Companion Guidelines are now accessible on its platform. An all-in-one investment and trading...
A Multisig Treasury Management and Streaming Payments built on Solana, Zebec, has worked together with Eclipse, to launch its App Chain and to bring frictionless global payment...
Secretum, a revolutionary secure messaging and trading App, announced its collaboration with SolarDex, the first US-based Solana Dex that offers one of a kind safe platform. SolarDex...
Eclipse, a developer of customizable modular rollups, has secured $15M for Customizable Solana VM in pre-seed and seed investment. With this secured $15M financing of Eclipse for...
Kamino Finance is Solana’s ultimate liquidity destination, launches the UXD Stablecoin Strategy Vault. Kamino Finance launches UXD stablecoin strategy vault. With the UXD vault included,...
NFTScan, an NFT data infrastructure, announced its cooperation with Banksea Finance, an NFT Price Discovery Protocol  and Pool-based Lending Hub. NFTScan reaches its strategic cooperation...
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