Wisly Spotlight Series: Solana

Wisly Spotlight Series: Solana

What is Solana?

What is Solana? Solana Logo
What is Solana?

What makes Solana different?

Using a proof-of-history consensus, Solana aims to offer more scalability of the protocol — in turn improving its usability. It has built a fantastic reputation on the crypto scene due to its rapid processing times and reduced validation times on both smart contract and transaction execution.

How Solana’s blockchain survived a blackout

With Solana’s exponential growth — particularly in 2021 — many investors have described it as an ideal alternative to the big hitters, Bitcoin and Ethereum. However, those feelings were quickly erased a few weeks back when Solana experienced a blackout of epic proportions. The uncertainty was unbearable for many investors who were unable to buy or sell SOL for almost 17 hours — leaving investors in a tailspin and Solana scrambling for a solution.

Top 3 Projects using the Solana blockchain

Top 3 Projects using the Solana blockchain
Top 3 Projects using the Solana blockchain

Final thoughts

Solana is a well-established cryptocurrency that has enjoyed amazing growth and is packed with potential — the perfect ingredients for investors who want to diversify their portfolios in the hope of a rewarding future. By quickly navigating over their recent blackout hurdle and showing fantastic market recovery, Solana has displayed a resilience that only the finest cryptocurrencies possess. The future certainly looks bright for Solana!

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