What types of projects can be built on Solana?

As Solana is a high-performance layer one blockchain, similar to Ethereum, any type of project can be built on Solana. Solana supports DeFi lending projects like Tulip, DEXs like Serum, Automated Market Makers (AMMs) like Raydium, Cross-margin trading platforms like Mango, Phantom is a Solana ecosystem DeFi wallet that supports NFTs and Staking.

What is Solana and how does it work?

Solana is an open-source blockchain project similar to Ethereum, developers can use it to build energetic projects and create decentralized ecosystems. With the features of high throughput and low costs, some people even call Solana "Ethereum-Killer". Till now, there are more than 500 projects built on Solana.

Which Solana projects are taking over the crypto market?

Solana projects are taking over the crypto market. Solana ( SOL) is a fast-growing smart-contract blockchain that enables fast and cheap transactions and high throughput. It ticks all the boxes for developers looking to launch a scalable DApp. We cover some of the top Solana projects with high potential here. 1. Serum 2. Mango 3. Solarians 4.

What decentralized projects have moved from Ethereum to Solana?

Another interesting project that moved from Ethereum to Solana is Helium, a decentralized internet project looking to bring decentralized WiFi to the world. What makes Audius unique from anything we’ve ever seen is its creator friendliness. You might have read about how poorly artists on Spotify get compensated for their work.