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).
Allbridge enters into a partnership with Aurora, to expand the available bridging options with Aurora Bridge.
Aurora is an Ethereum Virtual Machine, built on top of the NEAR Protocol. It...
Plutos Network is thrilled to announce the strategic partnership with Slope.Finance, a community-based decentralized exchange built on Solana, providing blazing-fast speed, near-zero...
Kurobi are proud to announce that the team’s hard work is now getting the recognition it deserves as Solana Foundation has just awarded the Kurobi team a grant to perfect NFT Timepass...
Serum is excited to announce a new integration with Zeta Markets. Zeta will leverage Serum’s order book design to create a fully on-chain decentralized vanilla options protocol on...
Fluidity is pleased to announce that the first stage of its beta was a major success. They invited multiple people from around the globe to participate in the Fluidity testnet and make...
Decentralized Finance (DeFi) is a newly created ecosystem of financial applications and protocols built on blockchain technology with programmable capabilities, such as Ethereum and...
marginfi, a decentralized margin protocol for trading across Solana. In a world where DeFi markets are exploding in numbers, marginfi makes it easy for traders to access margin, manage...
GooseFX (GFX) is a full suite DeFi platform built on the Solana blockchain and Serum DEX, offering a variety of unique decentralized peer-to-peer financial products.
They aim to be a...
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...