Here’s Why Solana Could Hit a New ATH in This Bull Run
Solana’s price has recently surged, breaking free from a prolonged consolidation phase that started in March. Over the past three
Solana, often referred to as the “Ethereum killer,” shares significant similarities with Ethereum. The Solana Foundation was founded in 2018 and later launched Solana, an open-source project.
The Solana blockchain uses a proof-of-history consensus mechanism, unlike earlier blockchains. Solana blockchain’s native token is Solana (SOL). Notably, Solana uses “a mixture of time-tested cryptographic strategies and fresh innovations to address the shortcomings of crypto’s first-wave solution,” as quoted by CEX.IO COO Konstantin Anissimov. With its unique combination of proof of history and delegated proof-of-stake algorithms, Solana is aimed at solving Ethereum’s scalability issues.
Solana offers faster transaction speeds than its closest competitors, Ethereum and Cardano. Compared to Ethereum’s 15 transactions per second, Solana can process about 2,600 transactions per second. Thus, Solana is identified to be one of the fastest blockchain platforms. To know what’s happening in the Solana ecosystem, read from CryptoTale.
Solana’s price has recently surged, breaking free from a prolonged consolidation phase that started in March. Over the past three
The Solana blockchain witnessed a series of developments in the market, largely driven by a surge in meme coin trading.
PayPal USD (PYUSD) has now added LayerZero to streamline transfers between Ethereum and Solana. In an official announcement on X,
Solana (SOL) has returned to its yearly high of $218.91, as whale accumulation grows. As of press time, Solana trades
In the constantly evolving crypto market where new tokens emerge frequently, the Goatseus Maximus (GOAT) stands out for its peculiar
The price of Solana has risen above $200 following the reelection of Donald Trump. This is the first time that
For anyone who wants to be involved in cryptocurrency and blockchain, it is vital to have a basic understanding of
The analytical platform CryptoRank provided market data and revealed that Bitcoin (BTC) has risen above $64,000. In an X post
Ethena Labs, the company that developed the synthetic stablecoin USDe, has recommended adding Solana (SOL) to the assets that back
In recent days, Solana’s price experienced a sharp recovery, reaching $152. This surge indicates a robust uptrend, with short positions
Analytical platform CryptoRank reported that Bitcoin is trading below the $61,000 mark, which shows that BTC is still struggling to
The cryptocurrency market is showing continued positive momentum, with Bitcoin climbing past $62,000. As per insights from CryptoRank, most of
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