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 week ago

Solana Sucks: Factually-Based Reasons

By the numbers, Solana is one of crypto's worst projects. SOL supply inflated 68% in three years. SOL SUPPLY Jan 2021: 261.9 Million Feb 2024: 441.8 Million 180 Million New Sol spanning a 37-month timeframe.

by COINS NEWS - 1 week ago

Why Solana sucks ?

I always see everywhere in DeFi that Solana is garbage. People tell me they prefer Ethereum and Sol won't last cause it's just shit. My question is why? What did i miss? Sol is fast and cheap, and except few network shutdowns it seems to work...