Solana Leapfrogs Dogecoin in Market Capitalization Amid NFT Boom
Solana surpasses Dogecoin in market cap, despite both facing a downtrend. Solana's NFT market booms, with ...
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.
Cypher Protocol Faces $1 Million Security Breach in Major Crypto Exploit
Defi platforms Cypher Protocol and Steadefi were both hit by security breaches on August 7, 2023, ...
Solana Surges Higher Amid Network Upgrades and Rising DeFi Activity
Solana rallied over 6% as investors cheer network upgrades and rising DeFi activity. Monitoring $40 and ...
Solana Labs Unveils Solang Compiler for Seamless Solidity-Solana Smart Contracts
In a recent announcement, Solana Labs, a web-scale blockchain platform, unveiled Solang, a ground-breaking compiler that ...
Solana’s Surprising Surge: A 35% Jump Sparks Renewed Interest in SOL
Solana (SOL) has embarked on an impressive run in a surprising turn of events, recording a ...
Polkadot vs. Solana – Unveiling the Latest Price Trends and Market Sentiments
In the rapidly evolving landscape of cryptocurrencies, two formidable players, Polkadot (DOT) and Solana (SOL), have ...
Revolut Follows Bakkt’s Lead: Delists Three Tokens for US Customers
Revolut, a UK-based fintech firm, has announced that it would cease offering Solana, Cardano, and Polygon's ...
98.87% of Crypto Investors Will Miss Solana Pump – says Crypto Analyst
Solana, one of the rising stars in the cryptocurrency world, is gearing up for a massive ...
Robinhood Exchange Delists ADA, MATIC, and SOL After SEC Lawsuit
In response to the increasing regulatory crackdown on major exchanges like Coinbase and Binance, Robinhood, the ...
Solana Shows Strong Uptrend Signs for June, July; Says Crypto Analyst
A prominent crypto analyst believes that the leading cryptocurrency Solana (SOL) is poised for growth and ...
Solana (SOL) Price Remains Pressured Near $22.80 Amid Launch Of Real Estate Product
The risk-averse market weighs on the crypto market. Bitcoin slips toward 23,700, ETH gained over 1% ...
Solana NFT Ecosystem Set to Soar: Delphi Digital Predicts Continued Growth
In its recent deep dive blog, a leading crypto research platform, Delphi Digital, predicted that the ...
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