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).
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,...
RaceFi is delighted to announce their Initial Decentralized Offering (IDO) for $RACEFI token will take place on two launchpads: SolRazr and Enjinstarter.
🔸 SolRazr: December 8th
🔸...
Cryowar, a next-generation blockchain multiplayer game, has joined GamesPad’s team of strategic partners.
GamesPad strives to be aligned with top partners, investors, and promising...
Sencha, a new decentralized exchange (DEX) built on top of the Solana blockchain.
Sencha’s mission is to be the go-to place for discovering and trading new crypto assets. The interface...
RunNode is an infrastructure-as-a-service and a staking-as-a-service protocol that is designed to help Solana RUN better!
Applications that can utilize the RunNode protocol include: DeFi...
Solbulls an innovative Play-to-Earn game on the Solana blockchain has integrated Chainlink Price Feeds.
By integrating the industry-leading decentralized oracle network, Solbulls will have...
RaceFi, the first AI/ML car racing game on Solana, proudly announced the successful closing of $2.9 million in seed and private fundraising rounds.
The round was led by Exnetwork Capital,...
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. They are proud to...
Waggle Network is excited to announce its partnership with Port Finance, a Solana-based top-tier money market protocol that is leading the DeFi sector.
Port Finance’s vision is to provide...
Acumen is integrating Chainlink Price Feeds, to help use decentralized finance to power Microfinance Globally.
Acumen is a Solana-based DeFi Protocol, whose mission is to make the global...
Sperasoft, a Keywords Studio, and Star Atlas have announced an ongoing partnership to develop the intergalactic blockchain gaming metaverse.
Star Atlas enables players to experience life...