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).
Socksy NFT utilizes the cutting-edge Bonding Curve model to value and trade a limited-edition pair of Solana Socks.
Ownership of a Socksy NFT guarantees the redemption of the physical...
Socean Finance is a decentralized, algorithmic stake pool that increases Solana’s network security and offers the best risk-free yields has announced the closing of their $5.75M seed round...
Saber is excited to announce the first acEUR-ag-EUR pool is being launched on Solana in partnership with Allbridge and Angle Protocol!
acEUR is AllBridge Wrapped CEUR (Celo Euro) from the...
Bonfida is excited to announce that SolanaFloor now has a dedicated data analytics dashboard for the Solana Name Service.
The Solana Name Service was launched by Bonfida in June. The goal...
Saber is excited to announce in collaboration with Terra, Frax Finance, and CASH, FRAX-UST and FRAX-CASH pools are coming to Solana!
Frax Finance is the first fractional-algorithmic...
Rainmaker Games has partnered with Genopets – the world’s first move-to-earn NFT game!
As Rainmaker continues to work with the NFT gaming community to bring more players into the...
Sentre, is the First Solana All-in-one Open Platform with DApps Store and Universal Protocol for Liquidity, explains the benefits of holding SEN, its metrics, distribution, and vesting...
Polkalokr is pleased to announce its partnership with Corestarter, a cross-chain fundraising, decentralized launchpad built on Solana. giving power back to the small investor. Enabling...
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...