Solana

SOL rally

Solana Gains Most Among Layer 1s in Volatile Week

Solana, the Layer 1 blockchain which touts 50K transactions a second capabilities, weathered last week’s crypto sell off better than most.  The chain’s SOL token is up 42% on the week beating out a rebounding Ether, up 10%, as well as sputtering Cardano, Tron, and Polkadot networks, down 5%, 20%, and 12% respectively at the …

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solana ecosystem

Solana DeFi Ecosystem Overview

Solana has emerged as one of the handful of smart contracts platforms competing to become a base layer for DeFi applications, with some of its projects gaining traction as its SOL token climbs to the top 15 by market capitalization.  Solana, created in 2017, incorporates a so-called Proof-of-History timing mechanism that facilitates its Proof-of-Stake protocol …

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DEX Project Proposes Porting SushiSwap to Solana

The SushiSwap community is now voting on a proposal to build SushiSwap on the Solana blockchain using the Solana-based Raydium DEX as a bridge. Raydium proposes “acting as a bridge and partner for SushiSwap’s expansion onto Solana,”  allowing SushiSwap to access additional liquidity from Serum and leverage the chain to increase transaction fees and lower …

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