Solana

Throughput bottlenecks within layer-2 ecosystem make it unreliable, Multicoin Capital exec says.

AVAX, the token behind Avalanche, was up 18% on Thursday following the company’s funding news.

“We’re seeing a lot of Layer-1 chains out there and they’re all choosing different tradeoffs. These things are not just better than the other,” Tushar Jain, Managing Partner at Multicoin Capital, said. “We’re very interested in exploring different parts of these tradeoffs. One of our big bets in this space is an alternative layer-1 called Solana.”

Software engineers successfully deployed a fix to the nascent blockchain network.

Solana’s SOL token down nearly 8% as Solana Mainnet creaks under a high transaction load

SOL’s price has reached new highs in recent days as many competitors have dipped.

The US Securities and Exchange Commission is investigating Coinbase, allegedly threatening to sue the popular exchange if they launch their forthcoming lending product.

Amid the sea of losses for major cryptos, Solana’s native token hit an all-time high of $194.82 on Tuesday morning.

Altcoins investment products stealing market share from bitcoin and ether

Ethereum, Solana reached benchmark highs on Friday amid the surging popularity in NFTs