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).
Solanium is proud to announce DeFi Land as being part of its family and the next IDO project! DeFi Land is probably one of the most anticipated projects in this Solana ecosystem, bringing...
Crowny will be migrating to the Solana blockchain. Crowny will happily provide you with an elaboration on why they have decided to partner up with this great technology platform,...
Investin aims to be the protocol that provisions all kinds of fund management and being more flexible in its offering now fund managers have the option to select addresses from which they...
SolRazr is pleased to have Akshay BD from SuperteamDAO to help launch high-quality Solana projects.
As part of this commitment, SolRazr and Akshay BD from SuperTeamDAO are pledging a...
Yield Guild Games (YGG) continues to expand its in-game asset collection by acquiring NFT Packs in CyBall.
Cyball is a football-themed (soccer), NFT-based play-to-earn game where players...
How SolRazr SOLR staking and tradable allocations work by leveraging the power of NFT on Solana.
How does SolRazr leverage NFTs?
While the most common use cases they see around today...
Saber proudly launches the first Avalanche USDC pool on Solana in partnership with Allbridge.
Saber has partnered with Allbridge to create an Avalanche USDC / USDC pool on Solana....
Kurobi activated a brand-new on-chain swapping feature that will allow users to swap from SOL or USDC to KURO within its application!
Removing every obstacle that hinders experts and...
Good Games Guild was recently listed on the Solana Ecosystem.
In its journey, GGG made a lot of progress in project development, not only in terms of the growing Scholarship Program but...
Neopets Metaverse is excited to publish its Roadmap Update. This update was brought by the Neopets Team, project owner and lead of the Neopets Metaverse Collection NFT.
This edition will...
Allbridge is excited to announce its latest bridge for SOL and SBR tokens with its friends at Ubeswap — the largest mobile-first DeFi exchange on Celo.
Back in September,...
Almond aims to be the most useful and most community-focused DeFi platform on Solana, starting with farming and more features soon after.
Bringing Nutrition to Solana
Almonds are possibly...
Saber launches a stable Ethereum-bridged DAI liquidity pool on Solana in partnership with Allbridge.
Users can now deposit liquidity at Saber and bridge Ethereum DAI into the Solana...
GooseFX proudly announces its $4.5 Million Seed Raise with some amazing backers.
GooseFX started as a protocol dedicating its efforts to bringing a complete DeFi experience to the Solana...
Pocket Network officially integrates Solana, securing its RPC node layer through decentralization.
Out of Pocket Network’s globally distributed network of nearly 7000 nodes, over 3000 node...
Nyan Heroes is thrilled to team up with Best Friends, an animal society to save lives through NFT Gaming.
A portion of their Genesis Sale revenues will be donated to help save the lives of...
The Solster team is thrilled to share with the community the integration of Chainlink to support the growth of its ecosystem.
Solster is integrating Chainlink Price Feeds to supply its...
SolRazr announces the updated allocation tiers for its upcoming initial decentralized offerings (IDOs). This new tiered system makes it fair and easy for anyone to stake SOLR and stand a...