$SOL Solana is a blockchain platform designed to host decentralized, scalable applications. Founded in 2017, it is an open-source project currently run by the Solana Foundation based in Geneva, while the blockchain was built by San Francisco-based Solana Labs Solana is much faster in terms of the number of transactions it can process and has significantly lower transaction fees than rival blockchains like Ethereum. The cryptocurrency that runs on the Solana blockchain—also named Solana (SOL)—soared almost 12,000% in 2021 and, at one point, had a market capitalization of over $75 billion, making it one of the largest cryptocurrencies by this measure at the time. In 2024, SOL remained one of the largest cryptocurrencies by market cap.#solana
#CEXvsDEX101 As of today, the total crypto market capitalization is 3.34 trillion, representing a 3.11% increase from last week. The 24-hour crypto market trading volume has also seen a 1.26% increase over the past day. The top performing cryptocurrencies by price are Tellor, ether.fi and Blocklords. $TRB
BlackRock's iShares Bitcoin Trust (IBIT) has become the second-largest holder of Bitcoin, surpassing major industry players including Binance and Strategy $BTC #BinanceAlphaAlert
#CEXvsDEX101 In the rapidly evolving crypto landscape, choosing between a CEX and a DEX can shape your trading experience. The largest of these are centralized exchanges (CEXs) that maintain traditional order books and require users to go through a know-your-customer (KYC) process. Decentralized exchanges (DEXs), however, operate independently, without a centralized third party managing trades. Crypto users should know the difference between a CEX vs DEX when choosing an exchange. #TradingTypes101