Solana Archives - Page 33 of 33

December 31, 2021

Solana Increasingly Becoming a Competition for Ethereum in the NFT and DeFi

Solana (SOL) has capitalized on the shortcomings of Ethereum as it continues to colonize significant amounts of the NFT and DeFi spaces. As the competition to claim dominance over the DeFi and NFT spaces intensifies, many wonder what lies in the fire for the NFT market. Nonetheless, there exist str...

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December 10, 2021

Solana Suffers Second DDoS Attack Amid Plummeting Prices

Solana (SOL) catapulted itself to the top 5 cryptocurrency rankings this year thanks to its uniquely functional blockchain, which provided a solid alternative to Ethereum’s decentralized finance (DeFi) solutions. That said, with its meteoric rise came increased adoption and use by users seeking bet...

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November 29, 2021

Solana Network More Energy-Efficient than Google: Report

New reports show that Solana (SOL) might have the most energy-efficient network among the host of existing blockchains. The report illustrated that the SOL network exhibits “greener” properties than using the Google search engine. As cryptocurrency mining activities continue to receive flak for the...

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November 17, 2021

Solana Gets Listed on Bloomberg’s Terminal Amid Increased Network Adoption and Activity

Solana (SOL) has become the third cryptocurrency listed on the Bloomberg terminal, behind Bitcoin and Ethereum. Termed “Bloomberg Galaxy Solana Index,” the crypto price tracker made its debut on the platform yesterday. According to the head of Europe at Galaxy Digital, Tim Grant, the index has beco...

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November 05, 2021

Solana Breaks New Record High as Expert Panel Predicts a $1,178 Price Tag by 2030

On Monday, product comparison website finder.com published a survey on Solana (SOL) involving a 50-expert panel comprising experts from the fintech and cryptocurrency industry. Solana has recorded yet another sharp spike, pushing it to the number four spot in the top crypto rankings based on market...

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September 24, 2021

Solana Drops Amid Favorable Fundamental Factors

Solana (SOL) continued its struggle to gain bullish momentum on Friday as it struggled with the $146 line. That said, Solana could witness some goodish uptick soon amid the cautious outlook in the market, as some positive fundamental factors line up for it. One of the exciting new developments invo...

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September 15, 2021

Solana Remains Steady Despite Network Outage

According to an announcement by Solana Status on Twitter, the Solana (SOL) mainnet suffered an “intermittent instability” some hours ago. The account later reported that “resource exhaustion” was responsible for the network outage witnessed previously. Commenting on the issue, SOL’s CEO, Anat...

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