Solana


Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. It is a layer 1 network that offers fast speeds and affordable costs. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.

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by COINS NEWS - 1 year ago

A lot of people seem to be falling for the Solana hype. But the top 10 wallets hold 10% of supply and the top 100 own over 30% of it. That's a big risk to take if/when they decide to sell. FTX also still holds a lot to sell to recover funds

Solana used to be the butt of the jokes here and generally in crypto circles but money and greed is a big motivator. All of a sudden you were seeing posts of bullishness and hype in crypto circles when the prices started to pump. Gone was the f...