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).
StarLaunch, the first insured launchpad, and incubator for Solana-based projects are pleased to introduce its partnership with Tiny Colony, an expansive pixelated ecosystem on the Solana...
Acumen detailed its roadmap for the rest of 2021 and 2022, as well as briefly describe how each product fits into the overarching ecosystem. The Acumen ecosystem will be comprised of 3...
Parrot, a DeFi platform live on Solana mainnet designed to unlock LP liquidity through lending, is integrating Chainlink Price Feeds.
By integrating the industry-leading decentralized...
Allbridge proudly announces its partnership with Hacken to secure users’ assets.
In the modern world of crypto, users are interested in transferring their virtual assets between different...
CryptoBots and Neon EVM, proudly announce a partnership to scale the NFT play-to-earn gaming growth on Solana.
Neon EVM is a solution that lets dApp developers use Ethereum tooling to scale...
Genopets is honored to announce its partnership with Concept Art House to join them in its artistic pursuit of bringing AAA game-quality artwork to Genoverse.
Genopets will provide...
Socean is a decentralized, algorithmic stake pool for the Solana blockchain, has introduced its New Landing Page.
Socean has built quietly, gaining new users and increasing its TVL. They...
Space Falcon is pleased to announce a strategic partnership with Panda Capital, a research & community-driven venture capital company.
This collaboration will help build the next-gen...
Hedgehog Markets introduces its first NFT collection: Hedgie Hogs 🦔 to thank the community for being early adopters of its mainnet platform.
What can I do with a Hedgie Hog?
Hedgehog...
Katana is building the yield generation primitive for Solana.
Katana is honored to have won the Grand Prize at the Solana Ignition hackathon!
At its core, Katana simplifies yield...
D’CENT Wallet announced the integration update to support the Solana network, a decentralized computing platform that improves blockchain scalability by using a combination of Proof of...
Zebec is thrilled to announce that they have successfully raised $6 million in early-stage seed round funding.
The round was led by Republic Capital, Shima Capital, and Breyer Capital and...
ALL.ART Protocol is thrilled to announce that it has successfully closed a private funding round, raising $4.5 million to create the necessary infrastructure for integrating the next...
Phantasia — the play-to-earn fantasy sports platform — is integrating Chainlink Price Feeds on Solana.
By integrating the industry-leading decentralized oracle network, Phantasia will...
Saber is bringing the first Huobi ECO Chain (HECO) assets to Solana! Bitcoin and USDT are bridged from HECO can now interact with the Solana ecosystem.
Saber and Allbridge are excited to...
Synthetify is excited to announce that they are actively integrating Chainlink Price Feeds to help secure the minting, swapping, redeeming, and liquidating functions of their synthetic asset...
Serum Core is the newest and highly anticipated upgrade to Project Serum, a protocol delivering the underlying liquidity infrastructure to decentralized applications built on Solana’s fast...
Seeded Network is Integrating Chainlink Price Feeds to Enable Secure Lending Services on Solana.
Seeded Network — a project incubator with a unique borrowing and lending solution — will...