Solana is an open source project that uses blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. The idea for the project began in 2017, and Solana was officially launched by the Solana Foundation in March 2020 with headquarters in Geneva, Switzerland. The Solana protocol is intended to make DApp development easier. It aspires… Continue reading What Is Solana (SOL)?
According to our current Solana price prediction, the value of Solana is predicted to drop by -1.12% and reach $ 13.18 by December 3, 2022. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 28 (Fear). Solana recorded 12/30 (40%) green days with 43.30% price volatility over… Continue reading Solana price prediction
Anatoly Yakovenko, co-founder of Solana Labs, which is responsible for developing the blockchain with the same name, urged all validators to update to the latest version of the node, 1.13.5. According to Yakovenko, the update should fix all Solana network outages caused by UDP-based protocols’ overloads. @solana upgradoooors! 1.13.5 had udp off. It’s sooo good… Continue reading Solana (SOL) Founder Unveils Big Blockchain Update
Developers are working to remove FTX influence over Solana-based Serum DEX. SRM has crashed by over 70% in the past week. The SRM coin accounts for over $2 billion on the FTX books. Solana developers want to fork liquidity hub Serum after the compromise of FTX led to hackers withdrawing over $400 million from the… Continue reading Solana Developers Work to Remove FTX Control Over Serum DEX
Despite being a relative newcomer to the cryptocurrency scene, Solana has made significant strides since its 2020 launch and reached several major milestones in the meantime. Here is a list of important dates and events from Solana’s eventful past: November 2017 – Co-founder Anatoly Yakovenko publishes an initial whitepaper detailing a new timekeeping technique for… Continue reading The most important Solana milestones
Solana Price History Soon after first becoming broadly available to cryptocurrency investors, the price of Solana skyrocketed. Although the crypto launched in 2020, the price of SOL quickly elevated Solana past some of the most well-known and long-established projects in the market cap standings. The Solana team raised $25.5 million in token sales held between… Continue reading Solana Price History
How many Solana (SOL) coins are currently in circulation? The Solana Foundation has announced that a total of 489 million SOL tokens will be released for circulation. Out of these, 260 have already entered the market. The following is the SOL token distribution: 16.23% for an initial seed sale, 12.92% for a founding sale, 12.79%… Continue reading Solana’s Key Facts