$SOL
Hi, guys!👋😎
As You may know, Solana (SOL) was launched in 2020 by the Solana Foundation and went on to gain traction due to its high-performance blockchain platform, touted for its speed and scalability. The blockchain has the ability to process thousands of transactions per second with minimal fees, which helped it position itself as a strong competitor to established networks like Ethereum.
From recent news about Solana:
a. Solana-based Pipe Network launches rewards for its decentralized internet.
b. DeFi Development Corp. announced Thursday it has secured $24 million through a private investment in public equity (PIPE) deal to scale its Solana accumulation strategy.
c. Solana, the popular layer-1 network, is seeing strong network activity that may help its price jump to $200 and above. Solana (SOL) was trading at $147.25 on Wednesday, just below last week’s high of $156.
d. 1inch is integrating Solana to its platform, enabling cross-chain swaps across 1 million of its tokens.
e. Launched in early April on the Solana (SOL) blockchain, Housecoin (HOUSE) is a memecoin satirically positioned as a hedge. And recently Housecoin’s explosive rally may be losing steam, as momentum indicators point to a cooling trend following its parabolic 600% surge.
f. BitGo announced 3 days ago that it has expanded its Solana staking program through a new integration with Marinade Native. Marinade Native is a popular staking protocol developed by Marinade Labs.
This is all at this moment.))
Have a good luck! 👍😎👍