The network’s capacity is over 710k transactions per second. The network has processed more than 100,060,740,298 transactions. Since its introduction in April 2019, Solana has made substantial strides in the DeFi, NFT, and Web3 sectors. Currently, hundreds of projects are being worked on at Solana, and that number is expected
After the migration is complete, a new version of the Helium Wallet App will be released. HNT token holders will also be able to use other wallets within the Solana ecosystem. Members of the Helium community voted to transfer the decentralized Wi-Fi network from its blockchain, officially known as HIP
Staking Solana is also now possible via the Trust app. Recently, Trust also added support for linking up with Binance. A developer for Trust Wallet announced today that it now works with Solana decentralized applications. To access the best Solana dApps, users may now use their mobile device’s dApp browser
Solana NFTs surged to 39000 between September 4 and September 7. Even though NFTs are facing a bear market, SOL NFTs miners have reportedly hit 300,000. Solana is currently among the top 10 most valuable cryptocurrencies. Following the NFT growth, SOL is currently in ninth place. And the Surging is
Solana (SOL) lost more than 21% of its value in 30 days. Helium (HNT) may soon undergo a significant switch to the Solana blockchain. Solana (SOL) slipped back into the red zone as the token neared a three-month low. At the time of writing, Solana traded at $31.50 with over
According to CMC, Uniswap has a $5 billion Market Cap. Solana has a $12 billion Market cap as per Coinmarket cap. Platforms for decentralized exchanges (DEXs) are among the essential components of the DeFi ecosystem and are gaining popularity among cryptocurrency users. Uniswap (UNI), Solana (SOL), HUH Network (HUH) are
CEO of major crypto exchanges advised SOL investors to move their assets to their exchanges. CZ tweeted that there is an active security incident on Solana. The CEOs of prominent crypto exchanges have a recent update regarding the ongoing issues about Solana. According to the reports, Binance‘s CEO, Changpeng Zhao,
Solana has been able to solve two-thirds of its technical challenges as per the CEO. He expressed his confidence that it would pass the remaining one-third of the test. FTX CEO Sam Bankman-Fried came out in defence of Solana only a day after it was subjected to a massive exploit.
Millions of dollars have been stolen from more than 5,000 wallets. The exploit appears to affect users of hot wallets connected to the Internet. The Solana ecosystem is the subject of cryptocurrency’s most recent breach, according to users who allege money from well-known internet-connected hot wallets including Phantom, Slope, and
There are two tokens in the Nirvana system: NIRV, a stablecoin, and ANA. Almost 82 percent of NIRV’s value has been lost. Nirvana, a Solana-based algorithmic stablecoin, was allegedly targeted by a flash loan. The sum of the exploit, according to the Twitter user “FA2 | SolanaFM,” was $3.49 million.
