Solana Co-Founder Advocates Open Source for Fair Finance Revolution

Solana’s co-founders advocate for open source technology to revolutionize fairness in finance, emphasizing accessibility and fairness through low latency and high throughput. They support meme coins’ role in the cryptocurrency ecosystem, highlighting their contribution to the diverse landscape of permissionless systems despite facing skepticism from purists.

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Solana’s Recent Performance and Challenges: A Comprehensive Overview

Solana’s price surged by 179.88% from January to February 2023, attributed in part to the introduction of a meme coin called Bonk. Despite network issues and a past setback involving FTX, Solana outperformed Ethereum and Tron in terms of stablecoin supply, daily transactions, fees, and demand for tokens. The future trajectory of Solana remains optimistic, with ChatGPT predicting it to be an “Ethereum killer” and potential price hike to $800 by the end of Q4. Source: The Block Research (link to: _blank)

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