Transaction fees generated on the Solana network have dropped to 53,800 SOL, the lowest weekly amount since September 2024, ...
Solana’s TVL drops to $6.69B, reflecting weak network activity. SOL faces further losses as investor confidence declines.
Solana (SOL) transfer volume has hit a volume of $3 billion for the first time since September 2024, suggesting massive adoption.
It leverages hash-based cryptography and one-time signatures to enhance security. Its lightweight design ensures efficient and scalable operations, maintaining Solana’s fast transaction speeds.
According to Solana's live transaction stats, it regularly processes over 4,000 transactions per second (tps). Ethereum is at about 15 tps at the time of this writing. While both blockchains use a ...
Solana witnessed four hours of downtime caused by a bug. The blockchain operations were eventually restarted by the validators who disabled a kind of transaction called ‘durable nonce ...
Long story short, Solana is cheaper, faster, and more efficient to use than Ethereum. It has a higher throughput capacity than Ethereum, and transaction fees are lower as well. That's a powerful ...
Solana is a more efficient blockchain than Ethereum as it charges lower fees and processes far more transactions per second. Activity on Ethereum is declining, and Solana now earns more in trading ...