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).
Battle of Guardians (BoG) proudly announces that they have secured investment from CryptoMinati Capital. This partnership will allow BoG as a blockchain entrepreneur to maximize its exposure...
Fractal is a marketplace for in-game assets and virtual worlds on Solana, durable assets that let you do something inside a gaming universe.
The Fractal mission is to create an open...
Lumos Exchange, a non-custodial peer-to-peer exchange for Solana assets, is excited to announce that they are integrating the industry-leading Chainlink Price Feeds into their backend...
MonkeyBall has teamed up with Yield Guild Games, creating a MonkeyStrong gaming partnership.
Partnerships are a cornerstone to building robust, sustainable projects in the crypto world,...
Tiny Colony will be launching its upcoming IDO on StarLaunch and registration will open on December 18 at 4PM UTC.
Tiny Colony is a play-to-earn gaming metaverse where players can earn...
SolChicks are delighted to present its partnership with KuCoin Labs, a US$100 million venture capital fund launched by KuCoin for the empowerment of early-stage entrepreneurs in the...
WeBlock, a full-service blockchain accelerator, is excited to announce its investment and acceleration in 1sol, a cross-chain DEX aggregator for decentralized protocols on Solana.
WeBlock...
Allbridge is bringing the FEI token from Ethereum to Solana in partnership with Saber – the leading cross-chain AMM for pegged assets on Solana.
FEI is a decentralized, scalable, and...
Solchicks proudly announces its newest investment partner Blocore.
Blocore is a multi-asset investment firm that seeks opportunities in the blockchain, AI technology, and non-traditional...
Hawksight raised $4.20M with leading strategic partners Solana Ventures and Terraform Labs to Democratize Decentralized Finance.
What is Hawksight?
The bottleneck that limits the mainstream...
Saber is excited to launch the new Magic Internet Money (MIM) pools on Solana in partnership with Allbridge.
Magic Internet Money is a decentralized stablecoin offered by the...
Mean Protocol, the premier money streaming and automation platform in Solana, is integrating Chainlink Price Feeds into its smart contracts.
Through this integration into the...
Good Games Labs is an innovative program developed by Good Games Guild that aims of being an investment arm between the blockchain project and the cryptocurrency community have announced...
Waggle Network redesigns primary market landscape: Forage — the First-ever Public-facing Trading Feature for Vesting Tokens.
Forage /ˈfɔːr.ɪdʒ/ a wide search over an area in order to...
InsurAce.io is delighted to confirm their official partnership with Port Finance, the first non-custodial liquidity protocol on Solana.
InsurAce.io confirms that they have agreed on a...
Zeta is thrilled to announce its $8.5M Funding Round led by Jump Capital with participation from Race Capital, Electric Capital, DACM, Airtree Ventures, Amber Group, Wintermute, Sino Global...
Sypool, a synthetic asset management protocol on Solana, integrates Chainlink Price Feeds to access high-quality, tamper-proof oracles for pricing on-chain indices that represent various...
Solcery introduces Solcery Runic Forge, a protocol that lets you turn any NFT you own on Solana into a game asset and use it in all games on Solcery.
Your NFTs can become customized items,...