Solana

Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. It is a layer 1 network that offers fast speeds and affordable costs. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.

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Isn’t Solana more decentralized than Ethereum by design?

Sorry if Solana is quite disliked on this sub but I’m still ignorant about this topic. Right now I only hold Ethereum and recently discovered Solana. I checked Solana’s validator requirements and they were a 12 cores CPU 2.8GHz (with some instruction...

Scalability or stability? Solana network outages show work still needed

Solana’s outages could be interpreted as mere hiccups in a new blockchain, but some suggest there’s cause for concern. Solana is a highly scalable decentralized blockc...

Top 5 Data Centres that run validator nodes for Solana hold +47% of total stake. Such corruption of decentralization is prevalent across coins in the ecosystem. This (centralization) should be an issue, right?

It has s lightning fast transaction speed of 50,000 TPS. It has a low cost for every transaction $0.00025. It has a lot of dapps and a few dexes in it. But it is highly centralised (as it demands a super computer or close for validators): &#...

Solana DeFi Goes Stratospheric as Hubble Protocol Announces $3.6M Raise

The decentralized finance (DeFi) project Hubble Protocol has recently closed a seed funding round that raised $3.6 million. This early support for Hubble comes from several major and influential names in the crypto industry who are key players workin...

3 Best undervalued altcoins on Solana to buy in 2022

Solana (SOL) is a fully decentralised public blockchain that allows the launch and development of scalable DApps. It is regarded as one of the fastest blockchains in the world, with relatively lower gas fees. Solana has also been oftentimes compared...

Meet Solana, the week’s biggest top 5 winner: Where to buy Solana now

Solana is the fifth cryptocurrency by market cap. It has been doing very well recently. Melania Trump announced she would launch NFTs on its blockchain. It’s not certain if that has anything to do with the following, but today, Solana is up alm...

Can Solana (SOL) Break Into $180 – Here Are Some Potential Drivers

The broader Crypto market has seen a significant sell-off over the past few weeks. But in the middle of it all, Solana (SOL) appears to have held steady. But can the coin actually break into $180? After all, the midterm trend on Solana remains very b...

Ethereum's 2.0 was supposed to happen in 2015. We're about to enter 2022 in a few days. This is a reminder to stop mocking competitors like Solana, Cardano, Algorand and Avalanche

Isn't it great to see a project running on marketing alone for 7 years when it hasn't delivered on anything? There's a world of difference between the reality of ethereum and the way ethereum gets promoted in this subreddit most of the ti...

3 reasons why Solana (SOL) price could see additional upside in 2022

Steady ecosystem growth, institutional investment and a healthy derivatives market are strong signals that SOL will continue to be a top contender in 2022. Solana (SO...

Value Locked in Defi Continues to Slide, ETH Defi Dominates by 65%, Solana Transactions Reign

The total value locked (TVL) in decentralized finance has slid 15.63% since the metric’s all-time high of $275 billion sixteen days ago on December 1. Since the end of the first week of December, the TVL is down 7.19% lower with a number of pr...

Mastering the Metaverse: Solice is Planning a Solana Takeover

The next time you hear someone dismiss the metaverse as “all hype,” kindly inform them that a 500-square-meter plot of virtual real estate is worth more than their house. At any rate, this stinging retort should suffice providing your adversary’s abo...

Algorand, Solana, And More Lead List Of Biggest Losing Altcoins

Altcoins like Algorand and Solana have recorded some of the highest losses following the market crash. This has been apparent in the performances of these digital assets in the past week. While the market at large had experienced dips, Algorand, Sola...

Solana Trades Up 15.7%, But Network Issues Raise Concerns

Solana (SOL) traded 15.7% up and lead gains earlier as the crypto market started to see the green zone, recovering from the total cap value dropping to $2,1 trillion, now at $2,2 trillion, a 5% increase in 24 hours. As several altcoins from the top 1...

Market highlights December 16: Solana leads rally after Fed decision calms markets

The crypto market has added almost $59 billion in value over the past day after the U.S. Federal Reserve made the decision to start lowering stimulus benefits and tapering purchases of government bonds after inflation hit a four-decade peak. Top cryp...

Can Solana really beat Ethereum?

I’ve been seeing a lot of articles talking about Solana as the “main contender” that will beat Ethereum as the world’s pre-eminent network for decentralized finance. Also came across this article where there’s a part talking about how Solana will tak...

The coin of the rising sun gaining again: Where to buy Solana today

The live Solana price today is $180 with a 24-hour trading volume of $3.76 billion. It is rapidly reversing its recent losses. In the last 24 h, it has gained 7.28%. If you’d like to know where to buy Solana, look no farther than this guide. &a...

Solana Ventures, Forte, and Griffin Gaming Launch $150 Million Web3 Fund

Solana Ventures, the investment arm of Solana Labs, has announced a new investment fund to bring more Web3 products to its network. In partnership with Forte, a company that provides tools for blockchain integration on games, and Griffin Gaming, a VC...

Michael Jordan and Son Reveal First Tech Venture, Heir Platform to Feature NFTs and Leverage Solana

The legendary former professional basketball player Michael Jordan and his son Jeffrey Jordan have revealed they are getting into blockchain and Web 3.0 technology, according to an announcement published on December 15. The father and son duo’...

Kittycoin SOL (KSOL) - #1 Kitty Memecoin - Solana Blockchain Token

submitted by /u/ioscompileryt [link] [comments]

How Solana Was Brought Down By This dApp Launch

Solana has been taking market share out of Ethereum across several sectors. The platform has seen the expansion of its NFT based projects with SolChicks, one of its latest on-chain games with a play-to-earn (P2E) model, causing a lot of hype amongst...

Solana is down AGAIN!!

I said this couple of days, that on 13th Dec Sol is going down again. They have launched a Solana type axie infinity game token called SolChicks. The insane amount of traffic crashed the Sol dex called Raydium. When they were doing their Whitelist ID...

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