• 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.

Market News
Ripple CEO Predicts Imminent Launch of XRP, Solana, and Cardano ETFs

Ripple CEO Predicts Imminent Launch of XRP, Solana, and Cardano ETFs

Ripple CEO Brad Garlinghouse believes that ETFs for XRP, Solana, and Cardano will eventually be permitted. Garlinghouse criticized the Securities

Market News
Solana Price Projection Soars: Experts Foresee $1000 Milestone

Solana Price Projection Soars: Experts Foresee $1000 Milestone

Analysts are optimistic about Solana’s future, forecasting a stunning five-fold price gain that may send it above $1000. Solana’s price

Market News
Solana (SOL) Maintains Momentum as Market Pauses, Potential for New Highs

Solana (SOL) Maintains Momentum as Market Pauses, Potential for New Highs

Top crypto expert Jelle noted on his X account that Solana (SOL) keeps exhibiting incredible durability even when the larger

Market News
Solana Validators Approve SIMD-0096: 77% Support Ends Burn Rate

Solana Validators Approve SIMD-0096: 77% Support Ends Burn Rate

Solana validators are about to receive more rewards (SOL tokens) because of the approval of the SIMD – 0096. Over

Market News
Solana’s Market Action Mirrors February Trends, Positive Shift Expected in June

Solana’s Market Action Mirrors February Trends, Positive Shift Expected in June

Crypto analyst Charting Guy has issued an update on Solana, noting the cryptocurrency’s market behavior mirrors patterns observed in February.

News
BKCM CEO Predicts Solana Could Be Next Cryptocurrency Spot ETF

BKCM CEO Predicts Solana Could Be Next Cryptocurrency Spot ETF

In a recent CNBC interview, BKCM CEO Brian Kelly stirred speculation by suggesting that Solana (SOL) could potentially become the

Market News
SOL Hits New Record Against ETH as Market Sentiment Shifts Bullish

SOL Hits New Record Against ETH as Market Sentiment Shifts Bullish

CCData reports that Solana (SOL) has achieved a new all-time high against Ethereum (ETH). According to the firm, the last

Features
A Beginners Guide to Craft Memecoin on Solana

A Beginners Guide to Craft Memecoin on Solana

The Solana blockchain has been a hub for over 640,000 new tokens, out of which a majority are meme coins.

Market News
Solana (SOL) Surges Following Inverse Head and Shoulders Breakout

Solana (SOL) Surges Following Inverse Head and Shoulders Breakout

Solana (SOL) has experienced a notable price surge, breaking out from an inverse head and shoulders pattern. This move, shared

Market News
Solana (SOL) Shows Potential for Growth Amid Recent Market Activity

Solana (SOL) Shows Potential for Growth Amid Recent Market Activity

Solana (SOL) is drawing significant attention in the crypto market, with analysts pointing to promising signs of upward momentum. Priced

Market News
Solana Soars: Analyst Predicts New All-Time Highs Amid Market Surge

Solana Soars: Analyst Predicts New All-Time Highs Amid Market Surge

Solana (SOL) has captured the crypto spotlight with an impressive rally, significantly boosting its market value and trading volume. Renowned

Market News
Solana Surges: Captures 20% of Ethereum’s Market Cap in Stunning Two-Week Rally

Solana Surges: Captures 20% of Ethereum’s Market Cap in Stunning Two-Week Rally

Renowned crypto analyst InvestAnswers shared his insights in a recent X post, highlighting a significant development in the cryptocurrency market.