$184
1H
-1.03%$1.92
24H
-9.82%$20.09
7D
5.06%$8.89
30D
35.4%$48.22
Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. 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.
The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain.
Because of the innovative hybrid consensus model, Solana enjoys interest from small-time traders and institutional traders alike. A significant focus for the Solana Foundation is to make decentralized finance accessible on a larger scale.
CODI has announced of the CODI token private sales. The private sales began on the 28th of September and will finish on October 31st.
With the new funding CoinList received, it is in the right position to back more projects in the future as the broader digital currency ecosystem is moving further to mainstream adoption.
On Monday, the Solana (SOL) cryptocurrency touched a new all-time high entering the price discovery zone. The total value locked on Solana has increased rapidly with more DeFi protocols making way to the Solana blockchain.
Ethereum is generally maintaining its bullish trend and should the current accumulation be sustained, the digital currency is billed to test more ambitious price levels in the coming weeks.
FTX.US also plans to start supporting NFTs on the Ethereum blockchain soon.
