• 19 November, 2024

Tag: Solana (SOL) News

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.

News
Jupiter Exchange and Metaplex Show Resilience Amongst the Crypto Projects

Jupiter Exchange and Metaplex Show Resilience Amongst the Crypto Projects

The Solana ecosystem continues to thrive, demonstrating significant development activity across several of its top projects. As per Santiment, a

News
Solana Foundation Removes Validators for Sandwich Attacks

Solana Foundation Removes Validators for Sandwich Attacks

The Solana Foundation has taken decisive action against validator operators involved in sandwich attacks, removing them from its delegation program.

Market News
Former Kickboxer Sparks Crypto Controversy with Solana Promotion

Former Kickboxer Sparks Crypto Controversy with Solana Promotion

Former kickboxer and self-proclaimed misogynist, Andrew Tate, known for his controversial statements, recently caused a stir in the crypto world

Market News
Bitcoin Soars Above $71K as Top Cryptos Rally, Market Cap Reaches $2.77 Trillion

Bitcoin Soars Above $71K as Top Cryptos Rally, Market Cap Reaches $2.77 Trillion

Bitcoin has surged above $71,000, marking a significant milestone in the cryptocurrency market. According to CryptoRank, a top analytic firm,

News
Tron, BNB Chain & Solana Show Significant Growth in Money Flow

Tron, BNB Chain & Solana Show Significant Growth in Money Flow

The blockchain industry has witnessed notable growth in Total Value Locked (TVL) across major platforms. Among them are Tron, Binance

News
Jupiter Exchange Leads Solana’s DeFi Race with 2M Active Wallets

Jupiter Exchange Leads Solana’s DeFi Race with 2M Active Wallets

Jupiter Exchange has emerged as the frontrunner among Solana-based decentralized finance (DeFi) projects. Recent data from DappRadar, updated on June

Market News
Analyst Predicts SOL Breakout, TOTAL Bull Flag, USDT.D Bear Flag: Report

Analyst Predicts SOL Breakout, TOTAL Bull Flag, USDT.D Bear Flag: Report

Renowned crypto analyst Charting Guy has shared his analysis suggesting that numerous altcoins are on the verge of reversing their

Reviews
Detailed Review of The Solana Ecosystem

Detailed Review of The Solana Ecosystem

The Solana ecosystem is one of the top blockchains known for its high-speed and low-cost transactions. It offers a robust

Market News
Solana Struggles to Sustain Gains Despite Market Volatility

Solana Struggles to Sustain Gains Despite Market Volatility

Solana price has been trading in bearish territory despite forming a pennant pattern, which typically suggests bullish potential. Over the

Market News
Pendle’s Future: Analysts Clash Over Pendle’s Market Trajectory

Pendle’s Future: Analysts Clash Over Pendle’s Market Trajectory

The contentious debate surrounding the future valuation of Pendle has escalated to a fever pitch as analysts present diverging perspectives

Market News
Analysts Highlight Key Price Levels for Solana, JasmyCoin, and Maker

Analysts Highlight Key Price Levels for Solana, JasmyCoin, and Maker

Solana, JasmyCoin, and Maker currently exhibit notable price movements and trading volumes. These shifts in the market have interested investors

Market News
Bitcoin Surges Past $68K as Top Cryptos See Green

Bitcoin Surges Past $68K as Top Cryptos See Green

Bitcoin’s price has surged above the $68,000 mark, leading the charge in a bullish trend across the cryptocurrency market. According