Solana Faces Persistent Decline Down 37% Despite Bitcoin’s Stability
Solana experienced a significant surge in April 2024, increasing investor interest before reversing. The recent candlestick ...
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.
SOL ETF Incoming? 3iQ Pioneers Solana-Focused Investment Product in Canada
3iQ launches North America's first Solana ETP, boosting SOL's investment accessibility on the TSX. Solana Fund ...
Fear & Greed Index at 64: Ethereum, Solana on the Rise, While Toncoin Slips: What’s Next?
Bitcoin's dominance dips as the overall crypto market cap hits $2.49T, reflecting a diverse market movement. ...
Solana’s Market Resilience Tested at Key Support Level, Says Analyst
Solana's peak in April 2024 highlights investor interest and a strong bullish trend. Recent descent positions ...
Solana vs TON: The Tale of Two Blockchains in a Bear Market
TON blockchain's resilience and development attract SOL users, standing strong amid market volatility. Solana faces challenges ...
Top Solana DeFi Players: Jito, Marinade, and Raydium Lead the $4.27 Billion TVL Charge
Solana’s DeFi ecosystem boasts a robust TVL of $4.27B, driven significantly by stablecoins with a $2.966B ...
Bitcoin Slips Below $67K as Top Cryptos Diverge; Market Capitalization Sees Dip
Bitcoin's price dips below $67,000 amidst ongoing volatility, influencing market sentiment broadly. Top-10 cryptocurrencies show divergent ...
Critical Resistance Ahead for Solana: Will $160-$170 Be Broken?
Solana's primary support zone at $115-$125 is crucial for potential price reversal amid current volatility. Immediate ...
Solana Market Watch: Crypto Analyst Highlights Crucial Trading Levels
Solana approaches the $162.00 zone, pivotal for determining its short-term bullish potential. Persistent support at $145 ...
Crypto Market Sees Mixed Trends: Bitcoin Steady Above $67K, Solana and XRP Decline
Bitcoin's dominance increases to 51.66%, trading above $67K, despite a minor market cap decline to $2.57 ...
BTC’s Next Big Move Hinges on CPI and FOMC Reports: Will A Bullish Trend Emerge?
Bitcoin's next move hinges on CPI and FOMC outcomes, with potential for a bullish surge or ...
Jupiter Exchange and Metaplex Show Resilience Amongst the Crypto Projects
Solana's top projects show varied performance, with Neon Labs and Metaplex seeing notable growth amid overall ...
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