DeFi News

The latest DeFi news and updates. Learn how decentralized finance protocols, powered by blockchain networks like Ethereum, is disrupting traditional finance.

News

Read all the latest crypto news curated from the best local news sources globally. We provide up-to-date crypto news items so you can make the best investment choices.

ANKR

Ankr (ANKR) launched in 2017, founded by Chandler Song. It provides essential blockchain infrastructure tools for developers. The platform delivers essential services like RPC node access, staking solutions, and dApp hosting through its distributed network.  Ankr simplifies blockchain development by managing the complex backend work. This lets developers concentrate on creating apps instead of infrastructure setup. The platform acts as a bridge between standard programming and decentralized systems. As cryptocurrencies gain practical applications, Ankr&#8217;s services grow more important. Its tools help power the next generation of internet technologies. The platform supports real-world blockchain adoption through accessible solutions. How Does Ankr Work? Ankr creates a sharing network for computer power. People with extra processing capacity can rent it out, while those who need resources can buy them. The system matches these users automatically through blockchain technology. Instead of relying on traditional data centers, Ankr creates a peer-to-peer marketplace for computing power. Users who provide resources earn ANKR tokens as payment, while those who need computing power pay with these tokens. The system runs on blockchain technology to ensure secure, transparent transactions between participants. This approach makes cloud services more affordable and accessible compared to conventional providers. Ankr and Other Cryptocurrencies Ankr vs. Ethereum (ETH)Ankr provides decentralized cloud computing, while Ethereum runs smart contracts. Both use blockchain differently—Ankr for infrastructure, Ethereum for apps. Ankr vs. Filecoin (FIL)Both offer storage, but Ankr adds computing power and node hosting, going beyond Filecoin&#8217;s file storage. Ankr vs. Helium (HNT)Helium shares wireless networks; Ankr shares computing power. Both reward contributors, but Ankr serves developers more broadly. Ankr vs. Chainlink (LINK)Chainlink feeds data to smart contracts; Ankr supplies backend infrastructure. Both aid Web3 but focus on different needs. Ankr’s Position in Crypto Ankr fills a niche in decentralized cloud services, unlike general-purpose coins like Bitcoin or Ethereum. It competes closest with Filecoin but offers more than just storage. Its value grows as demand for decentralized computing rises.  Technology Behind Ankr Ankr runs on a decentralized network of computers that handle blockchain requests (RPC services), saving developers from maintaining their own nodes. The platform also provides: Staking services for passive income. Easy-to-use tools for launching dApps. Scalable infrastructure for Web3 projects. Its streamlined design makes blockchain development simpler while keeping operations efficient. Could Ankr Be a Profitable Investment? As of mid-2025, ANKR trades around $0.0204 with mixed analyst outlooks. Price predictions range from slow growth to stronger gains, depending on: Adoption of Ankr&#8217;s decentralized cloud services. Overall crypto market trends. Competition in Web3 infrastructure. Like all cryptocurrencies, ANKR carries risk. Potential investors should: Research the project thoroughly. Understand market volatility. Only invest what they can afford to lose. ANKR Rules and Regulations in 2025 Governments worldwide are still shaping their cryptocurrency rules as technology advances. Since Ankr builds blockchain tools instead of running financial services, regulators often treat it differently than trading platforms. The project’s infrastructure focus generally means fewer compliance hurdles than exchanges face. Users and investors must stay updated on their local crypto laws to maintain proper compliance as these rules change. Where and How to Get ANKR Tokens ANKR is available on top exchanges including Binance, Coinbase, Kraken and Gemini. Here&#8217;s how: Sign up &#8211; Create an account on your chosen exchange Verify &#8211; Complete required ID checks Add money &#8211; Deposit cash or crypto Purchase &#8211; Find ANKR in the market and buy Where to Trade? Spot Trading: Buy/sell ANKR on exchanges like Binance, Coinbase, or Kraken Trading Pairs: Available as ANKR/USDT, ANKR/BTC, or ANKR/ETH on most platforms Basic Trading Steps: Fund your exchange account (crypto or fiat). Choose your trading pair (ANKR/USDT most common). Place market/limit orders per your strategy. Set stop-losses to manage risk. Always use reputable exchanges and consider using hardware wallets for added security. Ankr Wallets and Security Best Storage Choices: Maximum Security: Ledger or Trezor (hardware wallets) &#8211; ideal for long-term holders Daily Use: MetaMask or Trust Wallet (software wallets) &#8211; convenient for active trading Exchange Storage: Binance/Coinbase wallets &#8211; only for short-term trading Key Security Advice: Always write down recovery phrases on paper. Never share private keys. Double-check wallet addresses before transfers. For enhanced security, hardware wallets are recommended, especially for long-term storage. How to Secure Your ANKR Holdings To ensure the safety of your ANKR tokens: Essential Protection Steps: Cold Storage &#8211; Keep most tokens in Ledger/Trezor hardware wallets. 2FA Everywhere &#8211; Add SMS/authenticator apps to all exchange and email accounts. Phishing Defense &#8211; Never click links in messages &#8211; always type URLs manually. Software Updates &#8211; Install wallet and device updates promptly. Extra Precautions Use a dedicated email for crypto accounts. Check sender addresses carefully (many scam emails look almost real). Bookmark official wallet sites to avoid fake duplicates. Staying vigilant and following best practices can significantly reduce the risk of unauthorized access. Ankr Adoption and Use Cases Ankr&#8217;s primary use cases include: Web3 Infrastructure: Providing node services for developers to build and deploy dApps. Staking Services: Offering staking solutions for various cryptocurrencies. Decentralized Hosting: Enabling decentralized hosting of applications and services. These functionalities position Ankr as a key player in supporting the decentralized internet. Ankr&#8217;s Future Outlook &amp; Growth Potential Ankr plans to grow its Web3 infrastructure services as more developers build decentralized apps. The platform could become more important as demand increases for reliable blockchain tools. However, its success depends on three key factors: Market Conditions &#8211; Crypto adoption rates. Tech Progress &#8211; Staying ahead with better solutions. Regulations &#8211; Clear rules for decentralized services. While well-positioned, Ankr faces normal crypto risks like competition and market changes. Pros and Cons of Investing in Ankr Pros Infrastructure Provider: Supports the growth of Web3 by offering essential services. Diverse Use Cases: Offers staking, node services, and decentralized hosting. Growing Ecosystem: Expanding partnerships and integrations with various blockchain networks. Cons Market Volatility: Its value changes unpredictably with crypto market movements. Regulatory Risks: New regulations could affect services in different regions. Competition: Faces competition from other infrastructure providers in the Web3 space. Conclusion Ankr helps build the basic systems required for a decentralized internet. It offers important services like running nodes, staking options, and support for decentralized apps, making it valuable for Web3 development. While Ankr must still deal with rules and competition, its special way of providing infrastructure keeps it relevant as blockchain technology grows.

ANKR Archives

ANKR Archives | Coinfomania

Chimamanda Marcel

Ankr, a decentralized finance (DeFi) infrastructure provider, has partnered with the American tech giant Microsoft to offer hosting services to businesses and enterprises needing access to the blockchain technology.  According to the official announcement Tuesday, the partnership will see the integration of technology from both companies, incorporating Ankr&#8217;s blockchain infrastructure with Microsoft&#8217;s cloud solutions.  Support ... Read more

DeFi Protocol Ankr Partners Microsoft to Offer Enterprise Node Hosting Services

Ankr, a decentralized finance (DeFi) infrastructure provider, has partnered with the American tech giant Microsoft to offer hosting services to businesses and enterprises needing access to the blockchain technology.  According to the official announcement Tuesday, the partnership will see the integration of technology from both companies, incorporating Ankr&#8217;s blockchain infrastructure with Microsoft&#8217;s cloud solutions.  Support ... <a title="DeFi Protocol Ankr Partners Microsoft to Offer Enterprise Node Hosting Services" class="read-more" href="https://coinfomania.com/defi-protocol-ankr-partners-microsoft/" aria-label="Read more about DeFi Protocol Ankr Partners Microsoft to Offer Enterprise Node Hosting Services">Read more</a>

https://coinfomania.com/wp-content/uploads/partnership-1.webp

Home

Coinfomania

https://coinfomania.com/wp-content/uploads/logo.webp

https://secure.gravatar.com/avatar/5c51f08647363c926486b9f98d51a7a7a63c35c1de59b7aea06178f6d9560189?s=96&r=g

WilfredMichael

Crypto Exchange News

MATIC

Matic Network was born in 2017 as Polygon, and it is a Layer-2 blockchain platform that increases the scale of Ethereum. By providing a faster and low-cost transaction with the compatibility of Ethereum’s ecosystem, it makes it possible for decentralized applications like DeFi, NFTs, and DAOs to be built on it. MATIC is its native token that runs the governance, staking features and uses it for transaction fees. With high-profile brands such as Disney, Nike, and Mastercard, Polygon’s ties to bringing blockchain to the mainstream are evident. As the aggregator of the aforementioned hybrid sidechain system, Polygon intends to offer a scalable, interoperable Web3 ecosystem through the utilization of such technologies as the ZK-rollups and become the cornerstone of decentralized innovation. How Does Polygon Work? Layer2 solution for scaling the Ethereum, resolving the problem of high transaction costs and slow transactions. So, it processes transactions on its own network and submits them in a batch to Ethereum’s mainnet by “checkpoints,” where a Merkle root of transaction hashes is committed using core contracts. Security is ensured at the same time, and high throughput is enabled. One of the methods by which Polygon functions is through a proof-of-stake (PoS) consensus mechanism, where validators stake MATIC tokens to validate transactions and earn rewards. It has an architecture that supports sidechains, ZK rollups and optimistic rollups and caters to developers’ needs. For example, Polygon PoS offers EVM compatibility, with Polygon zkEVM taking the security further with zero-knowledge proofs, its near-zero gas fees and block times of around 2.3 seconds. Polygon and Other Cryptocurrencies Ethereum gets differentiated in focus for scalability over Bitcoin (decentralized store of value using proof of work—PoW). On Polygon, you can get faster transactions (up to thousands per second) and cheaper (average is $0.015 per transaction) compared to Ethereum. It is a Layer 2 scaling solution competing with others such as Optimism and Arbitrum, but boasts different scaling options for users, thanks to Polygon CDK for custom Layer 2 chains. Polygon inherits the security of ethereum for standalone blockchains like Solana, but will be obsolete in the long run if ever Ethereum solves the issue of scalability. While its market position is tethered to the future of Ethereum, its interoperability and partnerships give it an edge.   Cryptocurrency  Consensus Mechanism  Transaction Speed  Average Fee  Primary Use Case   Bitcoin  Proof-of-Work  ~7 TPS  ~$1-10  Store of Value   Ethereum  Proof-of-Stake  ~15-30 TPS  ~$0.5-20  Smart Contracts   Polygon  Proof-of-Stake  Thousands TPS  ~$0.015  Ethereum Scaling   Solana  Proof-of-History  ~65,000 TPS  ~$0.00025  High-Speed dApps   Technology Behind Polygon Polygon’s technology is based on improving the scalability of Ethereum with a myriad of tools. The Layer-2 framework used by it does all the processing of transactions off Ethereum’s main chain and then settles them periodically for security. Key components include: EVM-compatible sidechain, Polygon PoS, allows Ethereum dApps to comfortably run at lower transaction costs and much faster transactions. The zero knowledge rollup (zkEVM), which aims to provide EVM equivalence while providing high security along with close to zero gas fees. Polygon Miden is a decentralized rollup, which means that transactions are executed locally and private data is stored privately. A toolkit for building custom Ethereum Layer 2 chains using ZK technology – Polygon CDK. Proof of stake consensus on Polygon demands that validators stake MATIC tokens in order to secure the network. In January 2024, the project called AggLayer aims to aggregate ZK proofs across blockchains in order to make them more accessible to everyone. As of now, Polygon is healthy with around 2.44 trillion transactions and 1.17 million smart contracts already in deployment within its ecosystem. Is Polygon a Good Investment? As Polygon is the leading Ethereum scaling solution, it is an interesting investment, but has its risks. We could get some input from the cryptocurrency aisle on this. As a result, it does have a growing dApp ecosystem (over 28,000 contract creators) and relations with brands such as Starbucks and Instagram, indicating high adoption. As far as risks are concerned, there are scalability improvements on Ethereum, market volatility, and potential competition from other Layer 2 solutions. As a result, the crypto market is unpredictable, and the only thing investors can do is diversify and risk only what they can afford to lose. Legal and Regulatory Considerations 2025 However, worldwide, as cryptocurrency regulations have changed since April 2025, Polygon has not been able to escape. Polygon’s operations in Europe might be affected by the EU’s Markets in Crypto-Assets (MiCA) regulation, which comes into effect in January 2025 and requires crypto-assets to be transparent, disclosed, and regulated. The pro-crypto stance of the Trump administration in the US, featuring an executive order for the formation of a regulatory working group indicating a lighter touch for regulators, yet pending stablecoin legislation (e.g. Clarity Act) could have implications for Polygon’s ecosystem. In Polygon, the rules in regard to taxation, AML compliance and licensing apply on a global level and should be followed by both users and exchanges. Other regulatory shifts could also change the value or usability of MATIC, so investors should stay apprised of jurisdiction-by-jurisdiction rules. How to Buy and Trade Polygon? Just like CRO, MATIC can be bought directly on centralized exchanges like Coinbase, Binance, or Gemini with fiat (USD, or EUR) or other supported cryptocurrencies (BTC or ETH). Uniswap is one of these decentralized exchanges that facilitate trading via wallets like MetaMask. Steps include: Select a provider: Find a reputable service provider (Bybit, Uphold). Complete KYC requirement and register &amp; verify. Fund the account: At the moment, you can either fund the account with a fiat currency or with a crypto. You can place a market or limit order to buy MATIC. Trade: Use spot trading or derivatives, including CFDs, on IG International. As far as tools are concerned when it comes to trading, OKX is solely platform with advanced tools, whereas eToro is a platform that supports MATIC investment via fiat. Also, always enable two-factor authentication and use secure platforms. Polygon Wallets and Security For storing MATIC, Polygon supports a variety of wallets in such a way that the user has control of private keys. Popular options include: Trust Wallet, AlphaWallet and Zengo have ease of use and native support for Polygon. Hardware wallets are represented by the Ledger and Trezor devices, which store your crypto offline for security reasons. Multi-Chain Wallets: MetaMask and Phantom support Polygon alongside other blockchains. Security features are self-custody, secure enclaves, and multi-party computation (MPC). To mitigate such risks as phishing and hacks, users should verify wallet sources, not share private keys, and hold most into a hardware wallet. How to Secure Your Polygon Holdings? Securing POL involves robust practices: Use Trusted Wallets: Trust Wallet, AlphaWallet or hardware wallet such as Ledger. Store Keys Offline: Private keys should be stored offline in a secure place such as a hardware or software wallet vault. Most exchanges and wallets should be enabled with 2FA or activate 2FA. Do not fall victim to Phishing: Check URLs and steer clear of unsolicited messages asking for wallet info. Wallet software should regularly as well be updated to fix vulnerabilities. Regularly keep a check on unauthorised transactions. It provides for multi-signature wallets, which require multiple approvals for high-value transactions. These also help reduce the risk associated with hacks, scammers and software-specific flaws while allowing the safe storage of MATIC. Polygon Adoption and Use Cases Adoption across industries has taken place due to Polygon’s scalability. Key use cases include: Lending and trading lend themselves well to the low fees of Polygon, with examples being found on Aave and SushiSwap. Polygon has NFT marketplaces, restaurants and digital collectibles such as Disney’s collaborations. High-throughput gaming supports blockchain games and Metaverse projects. Partnerships with Mastercard and Mercedes-Benz are looking into the scope of loyalty programs and supply chain management. Examples of initiatives with Instagram and Reddit involve social media and Web3: they enable the inclusion of blockchain features. The ecosystem of Polygon is thriving with more than 12.8 billion in NFT sales volume, as well as partnerships with Google Cloud, and it is leading the robust Web3 adoption. Polygon’s Future Outlook &amp; Growth Potential Based on the technological improvements and the ecosystem growth, the future of Polygon looks rather bright. With MATIC, the integration with staking and governance is made possible, and transition to MATIC gives it more utility, further scaled up by Polygon 2.0 and ZK technology. The key (or rather challenging) ones are competition from Optimism and Arbitrum as well as the fact that Ethereum’s own upgrades could make Polygon less relevant. However, the partnerships it has, the support it gives to its developers, and 2.44 billion transactions paint a picture that it may still be a serious player in blockchain scalability. Pros and Cons of Investing in Polygon Pros: Scalability Leader: Enhances Ethereum with fast, low-cost transactions. Robust Ecosystem: Supports thousands of dApps and major brand partnerships. Growth is driven by innovative Technology: ZK-rollups, Polygon 2.0. Interoperability: Seamless integration with Ethereum and other chains. Strong Community: Backed by developers and a vibrant user base. Cons: Risks obsolescence because if Ethereum scales independently, we are an Ethereum dependency. What varies is market volatility, due to the crypto markets it operates in. Evolving Global Regulations: Regulatory uncertainty due to evolving global regulations may affect operations. It competes with other Layer-2 solutions. Properties of Sentiment Risks: Market sentiment can push prices up and down, massively. Final Thoughts A force to be reckoned with in the world of blockchain, Polygon acts as a vital link between the current model of Ethereum, which is struggling with scale issues, as well as providing a flexible and interoperable platform. It also has extensive dApp ecosystem, a partnership with global brands and its MATIC token, all adding up to excellent growth potential. However, investor risks exist in the Ethereum dependency, market volatility, as well as potential regulatory shifts. As a result, the ongoing innovations of Polygon 2.0 and the supporting community make them perfectly positioned to drive the adoption of Web3. Given that Polygon’s future lies in both its technological advantage and the wider crypto landscape, anyone thinking of investing should do their research and be sure to manage risk.

MATIC Archives

MATIC Archives | Coinfomania

Lucky Ebosele

Polygon Labs, the firm behind the layer-2 blockchain Polygon, has downsized its workforce by 20%, impacting various teams and around 100 positions, according to a statement from the firm on Tuesday.  The company stated that the job cut is part of its business consolidation that took place earlier this year. &#8220;Earlier this year, we consolidated multiple ... Read more

Polygon Labs Downsizes Workforce by 20%, Impacting 100 Positions

Polygon Labs, the firm behind the layer-2 blockchain Polygon, has downsized its workforce by 20%, impacting various teams and around 100 positions, according to a statement from the firm on Tuesday.  The company stated that the job cut is part of its business consolidation that took place earlier this year. &#8220;Earlier this year, we consolidated multiple ... <a title="Polygon Labs Downsizes Workforce by 20%, Impacting 100 Positions" class="read-more" href="https://coinfomania.com/polygon-labs-downsizes-workforce-by-20/" aria-label="Read more about Polygon Labs Downsizes Workforce by 20%, Impacting 100 Positions">Read more</a>

https://coinfomania.com/wp-content/uploads/Layoffs.webp

Crypto Scam Alert News

Latest scam alerts in the cryptocurrency and blockchain industry

OTH Archives

OTH Archives | Coinfomania

Another day, another DeFi exploit. This time, the Arbitrum-based decentralized finance (DeFi) protocol Hope Finance is the victim of a smart contract exploit, with attackers draining approximately $2 million from the platform at launch. Hope Finance Suffers Smart Contract Exploit at Launch Hope has identified the attacker as a Nigerian who goes by the name ... Read more

Arbitrum-Based Hope Finance Suffers $2M Hack at Launch

Another day, another DeFi exploit. This time, the Arbitrum-based decentralized finance (DeFi) protocol Hope Finance is the victim of a smart contract exploit, with attackers draining approximately $2 million from the platform at launch. Hope Finance Suffers Smart Contract Exploit at Launch Hope has identified the attacker as a Nigerian who goes by the name ... <a title="Arbitrum-Based Hope Finance Suffers $2M Hack at Launch" class="read-more" href="https://coinfomania.com/hope-finance-suffers-2m-hack-at-launch/" aria-label="Read more about Arbitrum-Based Hope Finance Suffers $2M Hack at Launch">Read more</a>

https://coinfomania.com/wp-content/uploads/Hacker-Hope-finance.webp

Crypto Startup News

ACH Archives

ACH Archives | Coinfomania

Alchemy Pay (ACH) surges after integrating with Google Pay. Discover how this partnership impacts the token’s future...

Why Is Alchemy Pay (ACH) Pumping? Startup Integrates with Google Pay

ACH, the native crypto for payments infrastructure company Alchemy Pay, saw a significant price hike overnight after the firm announced its partnership with Google Pay to facilitate crypto-to-fiat payments across different countries.  According to CoinMarketCap data, the token rallied over 70% to $0.0459 after trading around $0.0244 in the last 24 hours. The latest surge ... <a title="Why Is Alchemy Pay (ACH) Pumping? Startup Integrates with Google Pay" class="read-more" href="https://coinfomania.com/why-is-alchemy-pay-ach-pumping/" aria-label="Read more about Why Is Alchemy Pay (ACH) Pumping? Startup Integrates with Google Pay">Read more</a>

Why Is Alchemy Pay (ACH) Pumping? Google Pay Integration?

https://coinfomania.com/wp-content/uploads/rocket.webp

ZKS Archives

ZKS Archives | Coinfomania

Nwani Mishael

Matter Labs, the blockchain developer team behind zkSync, has finally opened the gates of its zero-knowledge Ethereum Virtual Machine (zkEVM) mainnet to registered crypto projects. zkSync is a layer-2 Ethereum scaling solution that seeks to eliminate the network congestion faced on Ethereum through zero-knowledge proofs. Through the zkEVM, zkSync offers fast and cheap transactions. On ... Read more

Matter Labs Opens zkSync 2.0 to Crypto Projects

Matter Labs, the blockchain developer team behind zkSync, has finally opened the gates of its zero-knowledge Ethereum Virtual Machine (zkEVM) mainnet to registered crypto projects. zkSync is a layer-2 Ethereum scaling solution that seeks to eliminate the network congestion faced on Ethereum through zero-knowledge proofs. Through the zkEVM, zkSync offers fast and cheap transactions. On ... <a title="Matter Labs Opens zkSync 2.0 to Crypto Projects" class="read-more" href="https://coinfomania.com/matter-labs-opens-zksync-2-0-to-crypto-projects/" aria-label="Read more about Matter Labs Opens zkSync 2.0 to Crypto Projects">Read more</a>

https://coinfomania.com/wp-content/uploads/2019/08/Blockchain-tech.webp

COIN

COIN Archives

COIN Archives | Coinfomania

With the United States Securities and Exchange Commission (SEC) going after crypto staking services across the country, Coinbase executives are ready to fight back in court to defend the product if need be. In a Twitter post on Sunday, the company&#8217;s CEO, Brian Armstrong, disclosed that its staking program is not a security and will ... Read more

Coinbase Ready to Fight in Court to Defend Staking Service, Says CEO

With the United States Securities and Exchange Commission (SEC) going after crypto staking services across the country, Coinbase executives are ready to fight back in court to defend the product if need be. In a Twitter post on Sunday, the company&#8217;s CEO, Brian Armstrong, disclosed that its staking program is not a security and will ... <a title="Coinbase Ready to Fight in Court to Defend Staking Service, Says CEO" class="read-more" href="https://coinfomania.com/coinbase-ready-to-fight-in-court-to-defend-crypto-staking/" aria-label="Read more about Coinbase Ready to Fight in Court to Defend Staking Service, Says CEO">Read more</a>

Crypto Regulation News

Gideon Geoffrey

Gideon Geoffrey is an enthusiastic writer. He admires everything about cryptocurrencies and their underlying blockchain technology.

Deutsche Bank&#8217;s asset management arm, DWS, recently expressed interest in investing in two cryptocurrency firms. The arm selected two German-based platforms in a bid it dubbed an &#8220;effort to revive growth and investor confidence.&#8221; Led by the group&#8217;s CEO, Stefan Hoops, talks are ongoing with Frankfurt-based crypto exchange Deutsche Digital Assets in a bid to ... Read more

Deutsche Bank's Asset Management Arm to Invest in Crypto Firms

Deutsche Bank&#8217;s asset management arm, DWS, recently expressed interest in investing in two cryptocurrency firms. The arm selected two German-based platforms in a bid it dubbed an &#8220;effort to revive growth and investor confidence.&#8221; Led by the group&#8217;s CEO, Stefan Hoops, talks are ongoing with Frankfurt-based crypto exchange Deutsche Digital Assets in a bid to ... <a title="Deutsche Bank&#8217;s Asset Management Arm to Invest in Crypto Firms" class="read-more" href="https://coinfomania.com/deutsche-banks-asset-management-arm-to-invest-in-crypto-firms/" aria-label="Read more about Deutsche Bank&#8217;s Asset Management Arm to Invest in Crypto Firms">Read more</a>

Deutsche Bank&#8217;s Asset Management Arm to Invest in Crypto Firms

https://coinfomania.com/wp-content/uploads/2018/09/Investing.webp

Solana is one of the cryptocurrencies designed to work similar to Ethereum which hosts decentralized and scalable applications. It is an open-source network initially proposed by Anatoly Yakovenko in the year 2017. Later, in March 2020, San Francisco-based Solana Labs officially launched Solana as one of the digital assets in the crypto market. How Does Solana Work? Based on current market sentiment, today, Solana has set its stage in the crypto world, ranking as the 11th largest crypto coin in market capitalization. As a beginner, you might be wondering how Solana works. Here we go. Every blockchain functions in its unique way, and Solana is no exception. This unique blockchain can be operated on a decentralized computer network, which aims to manage databases, track the currency, and effectively record each transaction to verify the data&#8217;s integrity. Without any intermediaries, this decentralized network calls itself the fastest blockchain in the crypto world as it verifies over 65000 transactions per second at low-cost fees.  Solana Vs. Ethereum As Solana was designed to work similarly to Ethereum, this rapidly evolving crypto asset is frequently known as Ethereum killer. Ethereum, the king of the Smart contract platforms, has dominated the decentralized application (dApp) for several years. However, after Solana&#8217;s emergence, market participants suspect SOL as a formidable competitor of ETH. Because Solana boasts multiple speedy transactions per second, Ethereum&#8217;s Proof-of-Work mechanism limits its capacity to around 15 transactions per second. SOL Vs. ETH Technical Perspectives Solana employs Proof-of-Stake (PoS) and Proof-of-History (PoH) mechanisms.  Ethereum employs a Proof-of-Stake mechanism, which makes ETH expensive. This PoS mechanism allows users to create and build decentralized applications by leveraging smart contracts.  Solana&#8217;s Technology The heart of Solana is its innovative blockchain technology, built with a blend of delegates&#8217; Proof-of-Stake and Proof-of-History consensus mechanisms. Solana uses these consensus models to remove the performance bottlenecks caused by blockchain software, making the Solana ecosystem more scalable, secure, and decentralized.  PoS &#8211; This consensus model allows validators to verify transactions PoH &#8211; This consensus model permits the verified transactions to be time-stamped, contributing to speedy performance.  Is Solana a Good Investment in 2025? As you have gained basic knowledge of Solana, you might be puzzled whether Solana is a good investment. Right? Undoubtedly, Solana is one of the fast-growing ecosystems offering incredible speedy transactions at low-cost fees. Experts predict that Solana prices could grow consistently and hover around $750 by the end of 2025. Hence, investing in Solana&#8217;s (SOL) has strong potential growth in the future. Like other digital assets, Solana has its riskiness. From centralization concerns to crypto regulatory challenges, several causes could affect its progress. Always be sure to accept the riskiness involved in any asset before investing. Solana&#8217;s Investment Strategies Are you planning to invest in Solana? Then, a sound investment strategy is crucial. Here are a few essential factors you should consider before investing in SOL.  Deep Market Research: The foremost thing you should do is do deep research to understand Solana&#8217;s blockchain, market sentiment, and potential risks and rewards  Set Funding Goal: Determine the fund you are ready to afford your losses. Diversify Crypto Portfolio: To mitigate risks, it is always a good idea to invest in different assets instead of a single token. Dollar-Cost Averaging: Traders should invest a fixed price regularly. Because this strategy might help you navigate during market volatility.   Secure Wallet: Use a reputable wallet to store your assets and prevent them from being hacked.  Solana&#8217;s Legal and Regulatory Consideration 2025 On March 02, 2025, US President Donald Trump announced the creation of a &#8220;Strategic Crypto Reserve&#8221; for the top-leading tokens like Solana. Further, on February 28, 2025, CME Group unveiled that they plan to roll out future contracts on the Solana network on March 17. If the US Securities and Exchange Commission approves this regulatory framework, Solana could reach a new high in the upcoming days. How to Buy and Trade Solana? In recent market volatility, Solana has rapidly gained popularity among traders as it leads the blockchain platform in the crypto world with high-speed and low-cost transactions. Hence, many newbies and long-term traders are looking to invest in it. So, do we buy or trade Solana&#8217;s SOL? Let&#8217;s delve into finding the best way to invest and trade SOL. How to Buy Solana? To buy Solana, it is essential to sign up for a reputable account on the regulated crypto exchange and fund it to buy Solana&#8217;s SOL. Some of the conventional platforms to purchase Solana are: Robinhood Revolut eToro Binance Jupiter Orca How to Trade Solana?  The first step to trading Solana is to create an account on a secure Solana wallet on Phantom, Sollet, and more. These types of wallets allow traders to send, receive, and store your crypto assets more safely. The next step is connecting it with DEX and start trading. Best Exchanges to Trade Solana There are two types of exchanges available on the market for trading: Centralized and Decentralized exchanges.  Centralized Exchanges Don&#8217;t have a Solana Wallet yet? The best places to buy and sell SOL on the centralized exchanges are: Binance Coinbase Kraken Robinhood Revolut  eToro Decentralized Exchanges Some of the decentralized crypto wallets that traders can use to buy and sell Solana are: Raydium Orca Jupiter  Solana&#8217;s Transaction Fees Upon Trading One of the most significant aspects that attracts investors&#8217; attention to Solana is its low transaction fees. On average, a single SOL transaction costs about $0.00025. Who pays the transaction fees? Traders who initiate a SOL transaction should pay the transaction fees. Solana Wallets and Security Choosing the best Solana Wallet is always essential when looking to securely manage the SOL tokens engaged with the Solana ecosystem. With Software or Hot wallets, users can store their private keys and seed phrases online to prevent security risks like hacking and unauthorized access. On the other hand, some traders and crypto investors prioritize self-custody or hardware wallets to generate private keys in secure chips and store them offline, ensuring secure asset management. Some of the Hardware wallets that support Solana SOL are: Ledger Flex  Ledger Stax Ledger Nano S Plus Trezor Tangem Some of the Software Wallets that support Solana SOL are: Phantom Exodus Solflare MetaMask Atomic How to Secure Solana Holdings? Every investor seeks to secure the crypto assets in their wallet to avoid getting drained by hackers. How? Choose the Wallet type: Browser, Mobile, Desktop, or Hardware. Get the respective wallet form from the official source. Create a wallet account with the Solana wallet address. Back up your Private key and seed phrases. Fund the wallet. Start purchasing and trading SOL. Solana Adoption and Use Cases Solana is used by various decentralized applications (dApps) across multiple web3 sectors. Furthermore, Solana&#8217;s SOL is becoming more potent in the NFT market, enabling efficient minting and sales of digital arts. As the gaming industry is the next-generation digital economy, many gamers look for speedy, scalable, and secure infrastructure in the online world. With high speed and scalability, Solana supports decentralized gamings built on its blockchain network.  Solana&#8217;s Future Outlook and Potential Growth Based on the Solana price analysis, Solana&#8217;s current market activity projects a bearish sentiment in the marketplace. But that&#8217;s not a red flag for its future potential. As of now, Solana is attempting to swing upside to break the key resistance. If it succeeds in its attempt, Solana could encounter bullish momentum and reach a new high in the upcoming days.  Pros and Cons of Investing in Solana Pros Scalability Low transaction fees Fast transaction fees Rapid economic growth Cons Complexity Security risks Network outages Legal and regulatory concerns Final Thoughts  Whether you are a skilled professional or a beginner at Solana, this detailed outlook might have provided valuable insights. Based on today&#8217;s market analysis, Solana is projecting a bearish momentum. But if it breaks the key resistance and climbs upward, SOL could encounter an upward price trajectory that leads to a new high. Keep monitoring the key levels to find its next move and invest accordingly. Since the crypto investment involves risks of losing your fund, we suggest doing a market analysis with technical indicators on the daily chart to determine the right time to invest in Solana. 

SOL Archives

SOL Archives | Coinfomania

MixMob, a Solana-based play-to-earn (P2E) game, announced Tuesday it is launching its new in-game cryptocurrency dubbed SUD$.

MixMob Debuts New In-Game Cryptocurrency and Mobile App

MixMob, a Solana-based play-to-earn (P2E) game, announced Tuesday it is launching its new in-game cryptocurrency dubbed SUD$. MixMob also confirmed that its native gaming activity is now accessible on Android mobile devices. The latest updates will be rolled out in its latest Alpha release – Alpha V3. The new release trails the ecosystem’s last release ... <a title="MixMob Debuts New In-Game Cryptocurrency and Mobile App" class="read-more" href="https://coinfomania.com/mixmob-debuts-new-in-game-cryptocurrency-and-mobile-app/" aria-label="Read more about MixMob Debuts New In-Game Cryptocurrency and Mobile App">Read more</a>

https://coinfomania.com/wp-content/uploads/Mixmob-Game.webp

Guides

Charles Harrison

Charles Harrison is a technophile, a methodical and astute fellow, with a passion for content development and creative writing. He is also a fan of Bitcoin and blockchain technology. Charles is personable and pleasant, and definitely his own self, ever ready to follow through to the end what he has started. His boundless humor and mercurial temperament cloaks a deeply philosophical mind.

A decentralized marketplace is one type of trustless network that does not depend on any mediator. Learn more in this article!

Decentralized Marketplace Development: A Complete Guide for 2023

A decentralized marketplace is a trustless network that does not depend on any mediator. As these marketplaces are built on Blockchain technology instead of a middleman, the transactions are carried out by smart contracts. Smart contracts are also responsible for managing the rules and regulations of the decentralized marketplace. Types of Decentralized Marketplace Decentralized Exchanges ... <a title="Decentralized Marketplace Development: A Complete Guide for 2023" class="read-more" href="https://coinfomania.com/decentralized-marketplace-development-guide/" aria-label="Read more about Decentralized Marketplace Development: A Complete Guide for 2023">Read more</a>

https://coinfomania.com/wp-content/uploads/2019/10/decentralized.webp

Beginner Guides

Hong Kong-based venture capital (VC) firm Hashkey Capital has announced the closing of its third fund, dubbed HashKey FinTech Investment Fund III (“Fund III”), with $500 million in committed capital. The HashKey FinTech Investment Fund III was backed by institutional investors including sovereign wealth funds, corporations, and family offices.  Fund III to Support Crypto and Blockchain ... Read more

HashKey Raises $500M to Build Web 3 Applications

Hong Kong-based venture capital (VC) firm Hashkey Capital has announced the closing of its third fund, dubbed HashKey FinTech Investment Fund III (“Fund III”), with $500 million in committed capital. The HashKey FinTech Investment Fund III was backed by institutional investors including sovereign wealth funds, corporations, and family offices.  Fund III to Support Crypto and Blockchain ... <a title="HashKey Raises $500M to Build Web 3 Applications" class="read-more" href="https://coinfomania.com/hashkey-raises-500m-to-build-web-3-applications/" aria-label="Read more about HashKey Raises $500M to Build Web 3 Applications">Read more</a>

https://coinfomania.com/wp-content/uploads/Funding-XanPool.webp

Search Results