Tag: $SOL

Solana ($SOL) is a network of blocks that provides fast, safe, scalable, and decentralized applications and markets. The aim is to show that there is a possible combination of software algorithms that can be used to create a blockchain. This will allow the transaction yield to scale proportionally with the network bandwidth, satisfying all of the properties of a blockchain: scalability, security, and decentralization.

Cadenza Ventures Raises $50M Crypto Venture Fund

Fund will invest in early stage opportunities in digital finance and blockchain technology November 08, 2021 08:57 AM Eastern Standard Time SAN FRANCISCO & NEW YORK–(BUSINESS WIRE)–Cadenza Ventures announced it has raised a $50 million early stage venture fund, anchored by Van Eck Associates, with participation from institutions that include Solana, Dapper Labs, WorldQuant Ventures, Mirana, TRON, Lennertz, Babel Finance, Social Leverage and individuals affiliated with Coinbase, Kraken Ventures, Angellist and Norwest Venture Partners. “We’re very excited to continue investing in entrepreneurs and developers...

$SOL, Blockchain, Cryptocurrencies, Press release

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What is Solana? Solana is not only a currency but an open-source blockchain that aims to democratize financial systems, becoming an option for those high-frequency decentralized applications.  Two of the biggest problems in the crypto world are scalability and speed. These two problems do not allow the massive and daily use of cryptocurrencies. Currently, Solana supports about 60 thousand transactions per second, this makes it the most scalable and highest performance blockchain that exists to this day. In addition, transactions within this platform carry commissions of $ 0.000001 per transaction, making it a viable...

$SOL, Coins, Cryptocurrencies

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PrimeXBT Principal Analyst: Solana (SOL), Crypto's Dark Horse Seeking to Challenge Ethereum (ETH)

PrimeXBT Principal Analyst: Solana (SOL), Crypto’s Dark Horse Seeking to Challenge Ethereum (ETH)

Among the top 20 coins that fell victim to crypto bloodshed last week, one coin managed to survive relatively unscathed: Solana Blockchain (SOL). Not only was it not a victim of the carnage, SOL even managed to make a profit of around 60% for the week, a very impressive record when most other coins were posting losses of between 20% and 50%. In fact, SOL also managed to post a record daily percentage gain in Sunday’s sell-off that caused Bitcoin (BTC) to lose 6%. This is due to a very strong uptrend that is sending the token to new all-time highs on a constant basis. For those unfamiliar, SOL is another smart contract-capable blockchain...

$SOL, Ethereum, Trading

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