Tag: sol

In recent days, the Solana network has registered another outage linked to the congestion of its network. It is not the first time the system has suffered from these problems, and the market is starting to worry. Today we will better understand the problem of network congestion, starting from the functioning of Solana Mainnet Beta. Solana is not the first blockchain to find itself in this situation, but the market hopes that newer systems will solve this problem. About Solana…

Former hedge fund manager Raoul Pal said that Ethereum could finish the year above $10,000. However, he also thinks that there is a “decent chance” of “flipping” – referring to Ethereum becoming the most significant crypto by market cap, removing Bitcoin from first place. Moreover, he thinks that Ethereum’s competitors will do even better. Raul Pal is a former Goldman Sachs executive and co-manager or GLG, a London-based global macro hedge fund. He has since retired from his position and started…

SOL has been one of the standout performers in the crypto industry for the past few weeks. The coin gave many investors a haven, especially when the market started to go sideways. Most coin prices were taking a beating, but SOL stood firm. There is no doubt that the SOL resurgence has been impressive. The coin’s performance over the past few weeks has been incredibly inspiring. But, unfortunately, you often see a large-cap coin standing firm even when the entire market is…

Solana, a smart contract center, has been the talk of the crypto world for about a month now. Its value increased nearly 7 times between August and September, from merely $30 to over $200. Those excellent moves in the coin and network show that the blockchain is heading to greatness. Nonetheless, the cryptocurrency has seen its value plummet from the recent ATH to values below $150. Analysts are still discussing whether the crypto's price action signals a pump and dump…

The CEO and co-founder at Solana Labs, Anatoly Yakovenko, addressed how Solana has taken up crypto space. Anatoly shared some specifics about the project in an interview at the SALT conference 2021. Solana's Achieved improvements The CEO reported that the project's sole focus is on improving transactional speed to ensure scalability for its users. To achieve this, Yakovenko stated that Solana sought out a third-party host. He mentioned that SOL hit 200,000 transactions per second. The third-party validators ensure higher capacity for crypto…

The Solana (SOL) token has tripled its price in less than a month as the cryptocurrency market posted staggering losses. On Tuesday, a wave of selling pressure pummeled the prices of nearly every single coin. SOL is heading to better heights as many DApps, stablecoins, and DeFi projects build platforms on the network. The token now has a market value of over $51 billion, according to CoinGecko. Solana hit the news recently as among the fastest-growing cryptos this year as it…

Bitcoin benefitted from heavy selling in the US dollar market over the weekend. Bulls attempted two run-ups above the $49K level. However, BTC rallied to a $49,657 high but failed to mount a decisive attack on $50K. Since then, the momentum has waned, and the BTCUSD pair is currently consolidating gains above the $48K support. The ongoing range-bound trading comes as September approaches. Historically, it is a month that proves uninspiring for investors.  According to analyst Michaël van de Poppe,…

This article is a beginner's guide to Solana, the decentralized blockchain. By the end, you should be able to answer the following: What is Solana? How is Solana special? What are DApps? What is proof of history? Why is proof of history important? What are Solana (Sol) tokens? How to buy Sol tokens? What is Solana? Solana is a decentralized blockchain network built to rival Ethereum and offer scalability without compromising its security. Solana began its planning stage in 2017…