Solana News: Should You Buy Now?





Solana represents a blockchain that optimizes network speed and scalability. However, its functions do not affect the decentralization or security of the network. The main objective of Solana is to ensure the three properties of the blockchain simultaneously. What is Solana news?

A drop of nearly 13% in the value of Solana

The cryptocurrency market is in free fall. This general bearish situation also affects the digital asset Solana. Like all other cryptocurrencies, Solana is also experiencing a major setback. The latter’s portfolio was reduced by 13% of its value.

Currently, this virtual asset is at $41.60. Investors with Solana as their cryptocurrency now only have a profit of around $23. This remuneration is only 55% of the gain which they could still enjoy a few days ago. This is a drop of almost 45% in the profitability of this crypto-currency.

Solana prices in real time:

The integration of chainlink price oracles on Solana

Chainlink’s decentralized pricing oracles are now accessible on the Solana network. This is an exceptional step forward for the Solana ecosystem. Going forward, developers will benefit from credible and systematic price data against seven trading pairs. This integration allows DeFi developers an opening to the most used oracles within the blockchain.

In fact, the seven chainlink price streams include trading pairs like Bitcoin/USD, Ethereum/USD, USDC/USD. In addition to this, chainlink will also provide Solana with its proof of reservation system for asset certifications. The Solana network plans to include other pairs of digital assets to its system.

This cryptocurrency is renowned for its unparalleled speed. Faced with a drop in its prices at the heart of the news, Solana begins an integration with chainlink’s decentralized prices. This is a major development with all these monetary upheavals. This signals an optimization of the offers and services of the Solana network.

💎 Open an account for free to Invest in crypto!

CoinHouse allows you to easily invest in crypto-assets. Creating an account is free and takes just a few simple steps.

📈 Trade cryptos online in just a few clicks!

eToro allows you to trade cryptocurrency easily online. Creating an account is free and very simple.

68% of retail investor accounts lose money when trading CFDs with this provider. You should ask yourself if you can afford to take the high risk of losing your money. eToro users in France cannot open positions to buy real crypto assets, all orders are opened as CFDs.

Erica Masson
Latest articles by Erica Masson (see everything)





Leave a Comment