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Solana developers rally to combat network congestion


The Solana network’s transaction speed is limited right now because too many unnecessary transactions are taking place. The Solana developers are trying to remove this bottleneck through software upgrades and improvements. In the last month, the Solana network has been struggling with...

420-Friendly Solana Meme Slothana Raises $10 Million In Time Sensitive ICO


Slothana, the new red-eyed sloth who lives on Slothana, has raised an eye-watering $10 million barely two weeks into an ICO for his new $SLOTH token. The news comes as Solana meme coins follow market leaders Bitcoin and Ethereum into a small market-wide rally off the back of anticipation of...

Solana Meme Coins Outperform SOL Price, Slothana Presale Raises $10 Million


Solana meme coins are posting some of the chunkiest gains in today’s market-wide rally, according to data by CoinGecko. For context, crypto is broadly rallying today as market leaders Bitcoin (BTC) and Ethereum (ETH) both posted respective gains of around 4% and 7% over the last 24 hours....

Solana DEX Phoenix secures $20 Million for Ellipsis


Phoenix, software developers who created the Solana-powered DEX (decentralized exchange), recently secured around $20 million in the Series A funding round for Ellipsis, one of their start-ups. Paradigm initiated the funding round in partnership with Electric Capital and many other industry...

Solana Founder Explains Reason For Network Glitch


The flaw that was causing transaction failures and a delay in block finalisation in the blockchain ecosystem was "identified and patched," according to Solana co-founder Anatoly Yakovenko on April 5. The post Solana Founder Explains Reason For Network Glitch appeared first on Cryptonews

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