Author Archives: ambcrypto.com

Founded over 2 years ago, Solana is one of the leading cryptocurrencies that uses the proof-of-stake (PoS) consensus mechanism. It is also one of the first to use the innovative proof-of-history (PoH) mechanism. In recent years, it is giving a tough run to Ethereum in the global cryptocurrency market.  Solana was founded by Anatoly Yakovenko[Read more…]

Solana [SOL] has joined the league of blockchains that have done over a billion transactions. According to the information from its official website, the SOL ecosystem was able to reach the milestone, thanks to the power of 2,011 validator notes. Also, these transactions were completed in an average of 3,448seconds. However, this landmark might not amuse some[Read more…]

Solana [SOL] wasn’t at its best last week as it registered a more than 8% decline in its value. Though the current bearish market condition was a factor that led to this result, there were several metrics that also played a role in this recent decline. At the time of writing, SOL was trading at $31.36[Read more…]

After mulling over a critical proposal for almost ten days, the Helium community has concluded a landmark vote to approve Helium Improvement Plan 70 or HIP 70. Closer look at the proposal HIP 70 has been in the pipeline for months and the proposed changes will help the Helium Network in a significant manner. The proposal entailed[Read more…]

Solana is among the numerous blockchains that have a deep focus on carbon neutrality. An important consideration especially now that climate change is becoming a more pressing issue. Unfortunately, a recent energy use report revealed that its carbon footprint has increased. It went up by 26% YoY from March 2021 to March 2022. The outcome was contrary[Read more…]

Solana [SOL] seems to have been long forgotten recently with other blockchains, such as Ethereum [ETH] and Cardano [ADA] grabbing the headlines. The network has long been scrutinized for its outages over the years. However, Solana developers have been actively trying to fix these issues and create a secure hassle-free experience for users. This is the latest attempt by Solana[Read more…]

Delphi Digital fueled quite the stir recently after it revealed that Solana hit a new ATH of sorts. According to its tweet, Solana recorded NFT volumes of 344k – An ATH that well surpassed its previous all-time high set in May. This big surge may be attributable to the y00ts NFTs. Ergo, the question – Could the rising interest in Solana’s NFTs[Read more…]

Solana [SOL] launched integrations with both xdefi wallet and trust wallet, thus attracting a large number of the user base. But the question is- With the new Helium network announcement, could SOL see a bullish run in the future? Only time will tell Solana has been in the news for quite some time, but not always for the best reasons. Over the[Read more…]

The founder and CTO of Algorand both have indirectly made strong remarks about Solana in order to compete for Helium Network’s anticipated migration. Now, you might ask if this recent development coupled with Algorand’s massive social media interest helped Algorand’s price. Well, earlier this month, the Helium Network announced in a blog post, that they have proposed to[Read more…]

Solana is showing a strong surge in its NFT ecosystem in recent days. Not to forget, the overall demand for NFTs continues to falter in September despite showing glimpses of recovery. Meanwhile, Solana NFT mints hit an all-time high recently on 7 September after it reached the 300,000 mark. The network recorded just 77.79k mints at[Read more…]