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).
Quidli, a web app that allows groups to distribute crypto micro-rewards to their best collaborators and community members, has announced that it now supports the Solana (SOL) token. Quidli...
03.05.2023
GameSwift has added a new game to its platform that is sure to excite racing game enthusiasts. Alpha League Racing is the ultimate time-attack racing game that has just been added to the...
03.05.2023
 Gari Network, a well-known platform based on blockchain technology, has collaborated with Interality, a virtual reality company, to offer early access to exclusive content for Gari Panda...
28.04.2023
The Solana Foundation has recently pledged to invest $1 million towards boosting the integration of Artificial Intelligence (AI) with blockchain technology. Solana Foundation Pledged $1M to...
28.04.2023
Ledgible, a prominent player in the cryptocurrency and blockchain industry, has recently unveiled its latest API integration with Solana. This API integration of Ledgible with Solana will...
28.04.2023
0xGen, a decentralized finance protocol, has entered into a strategic partnership with SyPool to create a new era in the management of multi-chain assets. The partnership will bring about...
21.04.2023
Following more than a year of preparation and work, Helium has successfully migrated to Solana, marking the start of a fresh chapter in decentralized wireless networks that prioritizes...
21.04.2023
Star Atlas, the immersive blockchain-based gaming metaverse, introduces a new feature called Claim Stakes that allows players to stake their claim on various space mining sites. This Claim...
21.04.2023
Grayscale Investments, the world’s largest digital currency asset manager, has announced that its Solana Trust is now available for trading on over-the-counter OTC markets. This news...
20.04.2023
Drift, a leading cryptocurrency exchange, has recently revealed its partnership with Bloxroute Labs, a blockchain infrastructure provider. This partnership of Drift with BloXroute Labs aims...
20.04.2023
Blockchain payment platform, Helio, has successfully raised $3.3 million in a seed funding round, led by Peak and Lightspeed Faction. The raised $3.3M seed funding round of Helio will be...
15.04.2023
Bonk Inu, a popular first Solana Dog Coin, unveils its DEX called Bonkswap on the Solana network. Bonkswap is a platform where users can trade various cryptocurrencies without the need for...
13.04.2023
Navis, a blockchain-based platform that focuses on sustainability, has recently revealed a partnership with Zebec Protocol, a technology that provides streaming finance and real-time payroll...
13.04.2023
Notifi, a leading provider of notification services, has recently announced its integration with Injective, a lightning-fast layer one blockchain optimized for finance applications. This...
08.04.2023
Kaizen Corps, in partnership with Clockwork, Sec3, SolanaFM Explorer, Solarplex.xyz, Squads and xAndria , have launched The Dojo Initiative to unlock the full potential of the Solana...
05.04.2023
ThirdWeb, a leader in Web3 development, has released its innovative transaction builder, aimed at revolutionizing the way developers interact with the blockchain. The ThirdWeb Transaction...
05.04.2023
HelloMoon, is the latest offering by AlphaBatem Labs, the Robust RPC over API Service for Solana blockchain and metaverse technology.  AlphaBatem Labs unveils Hellomoon, a powerful RPC over...
05.04.2023
Injective and Eclipse have just announced the launch of Cascade, which is the first-ever interchain Solana-SVM Rollup. Injective and Eclipse have launched Cascade, which is a groundbreaking...
02.04.2023
1 2 3 4 5 46
Market Stats:
BTC Dominance: 49.18%(+0.05%/24h)
ETH Dominance: 18.18%(+0.01%/24h)
Defi Market Cap: $41.76B(-18.57%/24h)
Total Market Cap: $1054.7B(+0.03%/24h)
Total Trading Volume 24h: $14.38B(-26.12%/24h)
ETH Market Cap: $191.68B
Defi to ETH Ratio: 21.79%
Defi Dominance: 3.82%
Altcoin Market Cap: $536.04B
Altcoin Volume 24h: $8.03B
Total Cryptocurrencies: 26855
Active Cryptocurrencies: 9123
Active Market Pairs: 64530
Active Exchanges: 669
Total Exchanges: 6906
BTC: 26605.93$(0.08%/1H)
ETH: 1594.45$(0.04%/1H)
AVAX: 8.93$(-0.07%/1H)
BNB: 210.72$(0.06%/1H)
MATIC: 0.52$(0.07%/1H)
FTM: 0.19$(0.04%/1H)
ADA: 0.25$(-0.07%/1H)
DOT: 4.03$(0.06%/1H)
UNI: 4.27$(0.11%/1H)
CAKE: 1.15$(0.11%/1H)
SUSHI: 0.59$(0.56%/1H)
ONE: 0.01$(0.13%/1H)