The decentralized exchange Jupiter launched its JUP token yesterday, Wednesday, January 31. The free distribution of the token, an event called airdrop, caused congestion in Solana and a curious bump and dump by mistake.
The issuer of stablecoins announced that from now on its token EURC is active on the blockchain Solana (SOL ), known for its low cost, fast transactions and a vast ecosystem of decentralized applications.
The term “Solana” has seen a staggering 250% increase in Google searches in the period between October and December. This increase coincides with the outstanding performance of this digital asset and the growing interest in memecoins.
In this article, we delve into the underlying technology of Solana, shedding light on the blockchain it employs and the innovative features that set it apart.
Solana is a cryptocurrency that was launched in April 2020, that is, relatively recently. Its popularity has exploded recently as its price has grown exponentially in recent months.