Nezha Announces First-ever Insurance-backed Prediction Draw on Solana
The prediction market is a big business worldwide and is known as the earliest form of entertainment. It dates back to at least the 1500s, when people were speculating on the papal successor. In the United States, the earliest recorded instance of the prediction market is from 1884, when political predictions took place on Wall […]
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Kineko, a high-throughput sports betting and prediction markets protocol with the real-time settlement, has officially migrated to Solana. The company has gained substantial momentum since its inception on the Ethereum network and continues to be a leader in the crypto betting space. To date, Kineko has a volume turnover totaling over $41 million. The team […]
Solana, being touted as the Ethereum killer, announced plans to add a payment method called Solana Pay to fix network congestion problems it has been facing. This service will allow direct use of dollar-backed cryptocurrencies. Solana Pay is an open protocol that aims to connect developers and online merchants for point-of-sale developments, enabling sellers and […]
Solana, a proof-of-stake, smart contracts-enabled currency, is aiming to raise $450 million in a funding round that was extended last March. The Solana ecosystem, which is backed by Sam Bankman-Fried, founder and CEO of derivatives exchange FTX, would use these funds to take on Ethereum supremacy in the Defi ecosystem. Solana to Raise $450 Million in Funding Round Solana, the FTX-backed, proof-of-stake coin is aiming to raise $450 million in a funding round that was set to close, but instead expanded in March, according to a report from Decrypt. The outlet, citing anonymous sources, states....
Solana users will be able to leverage a new payment functionality. Per an official post from Sheraz Shere, Head of Payments at Solana Labs (SL), the network has the potential to achieve a long-term vision around payments. Related Reading | How Michael Jordan Will Bet On Solana’s NFTs With New App The post presents a […]
Solana is one of the fastest growing cryptocurrency platforms thanks to its high speed and low costs. Launched in 2020, its native SOL token has seen massive appreciation. Here we analyze Solana’s price outlook for the future using technical analysis to provide an evidence-based Solana price prediction guide. What is Solana (SOL)? Solana is a highly scalable decentralized blockchain created by Anatoly Yakovenko in 2017. It uses a unique proof-of-history consensus mechanism to achieve high transaction speeds and low fees while maintaining security. The native cryptocurrency of the....