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Home»News»Solana: The Rising Blockchain Platform Challenging Ethereum with Innovative Technology
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Solana: The Rising Blockchain Platform Challenging Ethereum with Innovative Technology

News RoomBy News RoomJuly 5, 2024No Comments1 Min Read
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With a market capitalization of US$62.49 billion, Solana is gaining prominence in the blockchain space by offering high throughput, low fees, and an innovative Proof of History consensus mechanism. Learn more about its unique features and competitive edge.

Solana, with a market capitalization of US$62.49 billion, is a prominent blockchain platform competing directly with Ethereum due to its high throughput and low fees. Unique to Solana is its innovative Proof of History consensus mechanism, which enhances scalability and efficiency. The platform’s basic annual rate of return is 8%, which decreases by 15% each subsequent year.

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