Solana Shows Strong Week with 9.10% Gain When Crypto Market Witnessed A Downturn
CryptoBusy had anticipated an approximate 7% rise from the breakout point, a target nearly reached in ...
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.
Solana Eyes Major Move: Analyst Predicts Key $160 Breakout
Solana has shown a double bottom and a trendline resistance breakout, suggesting potential consolidation below $160 ...
Solana Nears Ethereum in Economic Value as Fee Gap Closes
Solana's transaction fees are significantly lower than Ethereum's, which has narrowed the gap in total economic ...
Bitcoin’s $60,000 Threshold: Will the Orange Line Flip? Analysts Insights
Large investors' Bitcoin accumulation, followed by offloading, indicates market influence. Ethereum's increased concentration among large wallets ...
Analyst’s Bold Prediction: Solana (SOL) Set to Skyrocket to $500
SOL's recent dip presents a potential buying opportunity, supported by near-oversold conditions and bullish long-term trends. ...
Pantera Capital Strikes Again Acquiring More SOL Tokens Amid FTX Collapse
Pantera Capital's increased stake in SOL signals confidence despite market challenges. FTX's liquidation of SOL holdings ...
Solana (SOL) Exhibits Resilience Amidst Market Volatility
Solana (SOL) displays resilience, rebounding from support levels and potentially forming higher lows amid market fluctuations. ...
Solana (SOL) Surges Towards $154.89 – Will This Level Hold?
SOL tests a critical resistance at $154.89; a breakout could signal a trend reversal. The breach ...
12 Solana-Based Memecoins Abandoned After Raising $26.7 Million in Presale
Recent investigations reveal that 12 Solana memecoins, which raised a combined total of $26.7 million through ...
Solana’s Bullish Surge Fuels Trader’s $1.49M Windfall: What’s Next?
Initial struggles with MEMEcoin morphed into triumph, utilizing high-stakes, strategic trades yielding a 71.43% win rate. ...
Solana’s Price Trajectory: Expert Predicts Surge to These Next Levels
CryptoBullet predicts Solana's consolidation at $100-200 before soaring to an ATH of $400-600 in its final ...
Bitcoin and Ethereum Dip Below Key Levels Amid Altcoin Plunge
Bitcoin and Ethereum prices dropped significantly, indicating market-wide bearish sentiment. Solana and other altcoins also saw ...
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