Solana has witnessed an astounding surge in unique users, experiencing a 2x increase in just the past month. This significant growth can be attributed to the rising popularity of consumer-focused gateway apps that have captivated newcomers to the Solana ecosystem. Decoding the Surge According to Ally Zach‘s in-depth research analysis,
In a fascinating turn of events, Solana’s blockchain platform, famed for its speedy transaction confirmations and cost-effectiveness, has been witnessing a shift in its ecosystem. 1/ @Solana, known for its low transaction costs and quick confirmation times, has found its strength in consumer products with lower-value transactions.@0xallyzach dives into some
Vitalik Buterin, the co-founder of Ethereum (ETH), recently addressed a conference gathering and referred to Solana as the most scalable blockchain. This remark has caused a stir in the community since it seems to suggest that Buterin agrees that Solana is more scalable than Ethereum. The token used by the
In a groundbreaking move, Solana, the high-performance blockchain platform, has become the first layer 1 blockchain to integrate artificial intelligence (AI) capabilities with ChatGPT. This development marks a significant milestone in the convergence of blockchain and AI technologies. Alongside this, opening up new possibilities for decentralized applications (dApps) and revolutionizing
The Light Protocol team finally enabled the Light V3, the first ever zero-knowledge Layer (zkLayer) on Solana, the blockchain platform. It is referred to as PSP (Private Solana Programs). Today, the launch has taken place after several months of building the next generation of Light Protocol. This supports the developers
The latest data indicates a significant expansion in Solana’s (SOL) NFT ecosystem over the past week, with a notable increase in both the number of buyers and sellers involved in Solana NFT transactions. There is a surge of over 100% in both buyers and sellers of Solana NFTs. In addition
In order to recover a place among the top 10 market capitalization, Solana has flipped one of its key competitors, Polygon. When the Terra collapse broke in May, SOL was valued at $5 billion, but MATIC was only worth around $16.8 million. However, the FTX catastrophe destroyed Solana. In the
As promised last month, the highly awaited flagship Android phone from Solana mobile is finally accessible to the general market. At this time, it will be shipping to the US, Canada, EU, UK, Switzerland, AU, and NZ. An official announcement claims that the blockchain platform is now getting some praise
Solana gained ample traction among the crypto community in recent times. From its speculative link to SBF’s FTX to the top-selling MadLads, the Ethereum Killer ecosystem conquered the community’s attention. On Thursday, Solana Foundation kickstarted an NFT pitch contest — “Solana NFT Showdown” — to aid NFT brands with real-world
The Ethereum Killer Solana (SOL) climbed up to claim its spot among the top gainers of the day with a 3% price spike in the past 24 hours. Significantly, this bullish rally occurred after Solana’s partnership with the giant payment processor Mastercard. Post the announcement, SOL hit an intraday high
