SOLANA is where crypto degens go to start making that Lambo money. Solana is one of the newest layer one blockchains on the market today, but it is quickly gaining the respect of developers and crypto users with its fast speed, low costs, and cutting-edge technology. Despite being relatively new on the scene, Solana already has an active DeFi community and hyped-up NFT drops without any of the gas wars that you’ll find on Ethereum. This is only the beginning though, there are a ton of apps currently in development on Solana, and things are getting ready to EXPLODE.
Today we’ll break down the latest Solana news and discuss the recent Solana update that sparked its massive pump. Find out what differentiates SOL from other top blockchains and why it has so much potential.
0:00 Salon and Lambo Flavored Intro
0:58 Solana, the Speedy Contender vs Ethereum
2:11 No Miners Allowed
2:43 SOL Recent Price Action
3:00 Solana's Current Expansion into DEFI
4:02 Remember Audius? The Solana Creator Fund? NFTs?
6:00 Marketing Makes the Blockchain Shine
7:09 It's actually not a competition, it's a collaboration
Sources and Links
https://defillama.com/chain/Solana
https://www.cnbc.com/2021/08/17/audius-lands-tiktok-partnership-and-its-token-audio-market-cap-surged.html
https://solana.com/news/announcing-the-solana-creator-fundonboarding-the-next-10-000-creators-and-their-fans-into-crypto
We just broke 100K $SOL in 24H volume 🔥
Volume: 100434 SOL ($5.675.525)
Sales: 3733
Average Price: 26.9 SOL
Total Volume: 243347 SOL ($13.751.538)
And 2 1500 SOL sales! (Degen #8798-#434)Thank you for trusting us😄
This is only the beginning of the #Solana NFT journey pic.twitter.com/mYrMM7U6qz— Solanart – Largest NFT Marketplace on Solana (@SolanartNFT) August 16, 2021
https://decrypt.co/77225/solana-enjoys-boost-during-lollapalooza-music-festival
https://www.wsj.com/articles/crypto-startup-solana-raises-314-million-to-develop-faster-blockchain-11623240001
https://solana.com/wormhole
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