The post DeFi researcher highlight factors that could boost Solana adoption appeared on BitcoinEthereumNews.com.

SPONSORED POST* The crypto space has entered December on a bullish note as the total market cap increased. Besides, most cryptocurrencies are traded in the green region and Solana is not left out. A researcher has identified other factors that could push the Solana price up. On the other hand, Everlodge is getting set for more December gains as its meme contest gains traction. Solana (SOL) is a Fast Blockchain, DeFi Researcher Says Thor Hartvigsen, a DeFi researcher and Business Development professional at Redacted Cartel, recently presented a thorough investigation of Solana’s potential for mass adoption. Hartvigsen focused most of his explanation on the technological features and developments in the SOL ecosystem. He stated that they might result in the general adoption of the network.  Hartvigsen claimed that the Solana blockchain could handle several transactions at once by processing them in several “threads.” It differs from other blockchains, which usually process transactions in a sequential manner, with its increased efficiency.  According to Hartvigsen, huge NFT mints and other similar activities have no effect on DeFi customers’ transaction costs. It thereby avoids having a detrimental effect on transaction costs. The proliferation of Solana-based platforms, such as Solang, Neon, and Eclipse, was brought up by the researcher.  Hartvigsen concluded by highlighting the expansion of the Solana DeFi ecosystem. The Solana DeFi ecosystem has seen significant growth over the past months, specifically in lending, Solana staking, and DEX volumes. The price of Solana has increased by 56.4% in the past month with a year-to-date gain of 340.9%.  Everlodge (ELDG) Embraces AI Technology  Solana is not the only platform that is fully packed with attractive features, Everlodge (ELDG) has joined the ranks. The real estate market giant. Everlodge has integrated cutting-edge AI technology into the realm of real estate. Through the utilization of AI, Everlodge has empowered users…

---

Filed under: News - @ December 6, 2023 3:18 pm