CryptoDaily Briefs

Daily Brief Crypto: Tech Talk: Solana DeFi Chain What? Why? And How Big? and more

In today’s briefing:

  • Tech Talk: Solana DeFi Chain What? Why? And How Big?


Tech Talk: Solana DeFi Chain What? Why? And How Big?

By Water Tower Research

  • Solana is a high-performance blockchain platform that is designed to host decentralized, scalable applications.
  • It can process thousands of transactions per second, significantly more than many other blockchains, including Bitcoin or Ethereum (though Ethereum 2.0 aims to improve its scalability).
  • This high throughput makes it suitable for applications that require rapid processing, such as decentralized finance (DeFi) platforms, non-fungible token (NFT) marketplaces, and gaming.

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