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).
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...
StarLaunch proudly announces that they will be hosting the IDO for Cricket Star Manager — an exciting play-to-earn cricket management game that will be playable both on mobile and desktop...
MacroChain Capital has partnered with Final Frontier DAO during the Token Generation Event’s seed round for the FRNT token.
Final Frontier is gaining a surreal level of attraction in its...
Port Finance has raised 5.3M Strategic Series A Round led by Alameda Research along with investments from Spartan Capital, Brevan Howard, a41, and a number of angel investors.
They...
Parrot Protocol announced its Roadmap for 2022 Q1. In 2022, they will look for new opportunities to grow and expand.
The product team will continue to focus on refining the core Parrot...
SolRazr introduces Arenum and its upcoming IDO on December 29, 2021, at 2 PM UTC!
Arenum is the evolution of mobile gaming and cryptocurrency. It has a feature-rich ecosystem to attract...
Final Frontier DAO is thrilled to announce a partnership with NextZ Ventures and they have committed $100,000 during the Token Generation Event’s seed round for the FRNT token on the...
IQ Protocol is pleased to announce that Bitspawn Protocol, a GameFi platform, will be integrating their technology to further bring NFT renting and borrowing into the...
Katana and Zeta have entered into a strategic partnership to contribute to building the future of finance on Solana.
At a very high level, this means that Katana will be integrating its...
Allbridge is thrilled to launch a new stablecoin bridge to Fantom for USDC in partnership with Beethoven X — the first official balancer-friendly fork, enabling USDC transfers between...
Introducing xHashtag as one of Solice partners to bring xKiosks to the Solana ecosystem.
In the near future, landowners and land builders in the Solice metaverse will be able to...