Right this moment we’re diving deeper into the Solana Ecosystem to grasp the hype, the technicals, and the basics on this Newbies information to Solana in 2024.
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It’s really Solana Memecoin season and the Solana ecosystem continues to froth – with TVL, buying and selling volumes, and the worth of SOL having elevated dramatically since final October, when $SOL traded for simply $20 per token. Regardless of a slight pullback yesterday, $SOL reached as excessive as $209 and the ATH of $259 shouldn’t be far off.
The Solana community, which is normally quick, low-cost, and scalable, has been experiencing congestion and withdrawal points as degens pile in for the memecoin buying and selling frenzy sending tokens like $WIF, $BONK, $BOME, and $SLERF parabolic!
However there’s truly much more than meets the attention in terms of the Solana Blockchain and its vibrant ecosystem of dApps, its initiatives, and its communities which you’ll nonetheless discover.
So take a deep breath, as a result of right this moment we’re diving deeper into the Solana Ecosystem to grasp the hype, the technicals, and the basics on this Newbies information to Solana in 2024.
0:00 Why is Solana hyped?
1:20 Why is Solana distinctive?
1:28 $SOL Token
1:33 Proof of Historical past
1:57 Solana Basis
2:10 Solana TPS
2:26 Break Solana
2:50 Solana Ecosystem
3:06 Solana Pockets
3:50 Jupiter Swap
4:13 MarginFi
4:24 Liquid Staking Tokens
4:49 NFTs & Digital Artwork
5:32 Step Finance
6:08 Warning
