Solana’s strength hides a weak spot: Are 65 mln transactions enough for SOL?

Key Takeaways Solana leads all blockchains with 65 million transactions and fees surpassing $1.2 million. User activity slides as monthly active users fall to a three-month low, with weakening retentThe post Solana’s strength hides a weak spot: Are 65 mln transactions enough for SOL? appeared first on AMBCrypto.

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New Solana feature allows crypto transactions on any website

Solana Actions and blockchain links will allow users to create and share transactions via a URL on websites, social media platforms and physical QR codes.

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Ethereum Struggling With MEV Bots, Executive Argues That Solana Has Succeeded

Unlike Bitcoin, where transactions are ordered on a first-come, first-served basis, Ethereum and Solana rely on a pool of validators to confirm transactions and add them to the next block. This process allows for flexibility, as users can expedite their transactions by paying higher fees.

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Solana transactions stop as mainnet experiences intermittent instability

The Solana blockchain has reportedly stopped processing transactions.

The post Solana transactions stop as mainnet experiences intermittent instability appeared first on CryptoSlate.

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Are ADA, SOL, and DOT a good buy in September 2021?

Cardano ADA/USD is a proof-of-stake (PoS) public blockchain platform which is open-sourced and decentralized and can facilitate peer-to-peer transactions with ADA. Solana SOL/USD is a platform that fills the role of a foundation for decentralized applications (dApps), which improves their scalability, and SOL has seen an increase in its trading volume by 22%.

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Solana (SOL), Terra (LUNA), and Cosmos (ATOM) price analysis, are they worth buying in August 2021?

Solana SOL/USD managed to climb to its new all-time high value. In fact, it is often called by many the “Ethereum Killer” due to the fact that Solana can process as many transactions a month as Ethereum has throughout its lifespan.

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Solana — Another Ethereum killer emerges

With super-fast transactions and very low fees, the Solano blockchain has quickly emerged as a real contender in the ‘Ethereum Killer’ network class. So what’s driving one of 2021’s alpha performing cryptos - and how does it threaten Ethereum?

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Polkadot, Solana and Algorand Price Analysis: June 14 

The global crypto market cap was $1.72 Trillion and there was a 2.6% increase in the last 24 hours. Elon Musk’s recent tweet about how Tesla would resume accepting Bitcoin transactions provided miniThe post Polkadot, Solana and Algorand Price Analysis: June 14  appeared first on AMBCrypto.

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Solana blockchain transaction portal Step Finance raises $2M

CryptoNinjas » Solana blockchain transaction portal Step Finance raises $2M Step Finance billed as the ‘front page’ of Solana, today announced it has raised USD $2 million in a private sale to fund the development and build the Step platform where users can visualize, analyze, execute, and aggregate transactions across all Solana contracts in one place.

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Solana’s Step Finance Raises $2M, Aims to Compete With Ethereum

Emerging from the Solana Hackathon, Step Finance has now launched their Alpha product. With the Step Platform, Solana users will be able to visualize, analyze, execute, and aggregate transactions across the ecosystem in one place.

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The Reasons for Low Gas Fees on Ethereum Network, Despite Heightened Activity

Besides increased usage of Binance Smart Chain (BSC) and Solana and accurate gas price infra based on pending transactions, Flashbots is the primary reason for keeping gas fees low as nearly 60% of miners are using it.

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Tether Launches USDT On Ethereum Rival Solana Blockchain

Tether’s USDT tokens have launched on the Solana blockchain network, according to a recent company release. Solana Welcomes USDT Holders This Tether integration with Solana would enable users to exchange Tether tokens at speeds higher than 50,000 transactions per second.

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Binance Launches Solana (SOL) Staking; Holders Earn Up to 43% APY Paid Daily

The largest crypto exchange in the world, Binance, has launched Solana staking. Users of the exchange now have an opportunity to earn up to 43. 79% per year for staking SOL tokens. The high-speed blockchain, Solana, which states it can handle about 65,000 transactions in one second, is designed to work under a proof-of-stake design model.

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Unidentified Bug Halts Solana Network

According to the official Solana Medium page, an open writing platform, Solana stopped producing blocks at slot 53,180,900. This meant that no new transactions could be confirmed. The Solana team claimed no funds were at risk.

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Solana announces Ethereum cross-chain bridge ‘Wormhole’

Web-scale blockchain network Solana, which boasts over 2 billion transactions since its introduction in March 2020, announced ‘Wormhole,’ a secure, trustless bridge connecting Ethereum to Solana, in a release shared with CryptoSlate.

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Tether Rolls Out USDT on Layer 1 Blockchain Solana; SOL Price Surges Over 40%

According to the announcement on September 9, USDT stablecoins will now be compatible with Solana’s ecosystem, which means that users can leverage the platforms 50,000 TP/s and cheap transactions that could go as low as $0.

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FTX’s New Decentralized Exchange (DEX) On Solana, Serum, Goes Live with 9 Tokens

Six months in, the Project Serum was made officially live on the weekend. The decentralized exchange by FTX is based on permissionless blockchain Solana, which boasts of over 50k transactions per second.

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Multicoin Leads $20 Million Round for Speed-Focused Solana Blockchain

Claiming it can handle many more transactions per second than existing blockchains, Solana has raised capital to ramp up development.

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