289. Solana Reaches New All-Time High for Second Time in a Week | SOL Sentiment Analysis

Aug 29, 2021 · 9m 2s
289. Solana Reaches New All-Time High for Second Time in a Week | SOL Sentiment Analysis
Description

Ethereum competitor Solana grew a staggering 22.7% overnight to hit a price of $83.21 barely a week after beating its former all-time high of $78.63. Today’s overnight surge sees the...

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Ethereum competitor Solana grew a staggering 22.7% overnight to hit a price of $83.21 barely a week after beating its former all-time high of $78.63. Today’s overnight surge sees the currency establishing a firmer foothold as the tenth-biggest crypto by market cap. Solana’s network mines its native SOL token using a proof-of-stake (PoS) consensus mechanism. This means that it's a lot greener than Bitcoin and Ethereum, which both currently use the energy-intensive proof-of-work (PoW) model. Ethereum is hoping to migrate to the PoS model at some point during the rollout of its Ethereum 2.0 upgrade.

Solana website ➜ http://bit.ly/SolanaSOL

#Solana #SOL #Ethereum
~Solana Reaches New All-Time High for Second Time in a Week | SOL Sentiment Analysis~
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