Solana Nears 100 Billion Transaction Milestone As Price Aims For $40

Solana has made a name for itself in the decentralized finance (DeFi) and non-fungible token (NFT) space over the last few years. Its growth has seen it become one of the largest contenders for the leading smart contract network Ethereum, as it presents faster and cheaper transaction options.

Timeline of Solana

There are many interesting projects being built on the Solana blockchain. Read this guide to learn about the top projects you should check out. The post Top Projects Building on Solana in 2022 appeared first on Bitcoin Market Journal.

Recent data from Solana [SOL]'s blockchain explorer stated that the network processed a total of 96.62 million transactions. In fact, at the time of writing, the network processed an average of 3,044 transactions per second.

The Solana price analysis is bullish as it shows the cryptocurrency price has been continuously on the increase for the past few days. The market has been following a bullish trend today as the price reached $35.1, and the bullish trend seems strong.

In 2021, the Solana cryptocurrency basically came out of nowhere and witnessed incredibly strong price growth. Solana's SOL even rose to the top 10 cryptocurrencies and has stayed in this area ever since.

Kamino Finance has begun playing a major role in attracting liquidity to Solana's decentralized exchanges (DEXs). The project has launched to reduce the friction between liquidity providers (LPs) and the most up-to-date technology powering next-generation DEXs, the concentrated liquidity market maker (CLMM).

Solana (SOL) has broken out from a long-term resistance line and is attempting to create the final portion of a bullish pattern. The post Can This Partnership Help Solana (SOL) Validate Bullish Pattern?

The total number of transactions conducted on the Solana ($SOL) network is nearing the 100 million mark, at a time in which institutional investors keep betting on products offering them exposure to the cryptocurrency, despite the ongoing bear market. According to data from Solana's blockchain explorer, the network has now processed a total of 96.

Alfprotocol, a Solana native DeFi protocol has announced it is forming a joint venture with the Solana decentralized exchange (DEX) Soldex. This is aligned with the Alfprotocol vision and mission to become a one-stop shop for DeFi on the Solana blockchain.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer's opinion. Solana [SOL] has bullish momentum behind it after a near 10% move upward from the lows of 2 September.

The highly anticipated Solana-based y00ts NFT collection is finally live, with 6,500 owners minting the collection within the first 24 hours, according to OpenSea data. The post Solana-based y00ts NFT collection launches; developers raise $7M in seed round appeared first on CryptoSlate.