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The creators of Solana aimed to create a brand new blockchain that could scale to global adoption. It is one of the fastest-performing cryptocurrencies that can execute up to or more than 15 transactions per second. Solana runs on a hybrid protocol of proof-of-stake (PoS) and another concept that Solana calls proof-of-history (PoH). The success of crypto is mainly due to its fast transaction speeds and low costs, making it quite a popular choice for hundreds of blockchain developers. Within a period of just two years, Solana has been able to attract a considerable amount of developer talent and wealth, which resulted in its integration of several useful projects. In this article, we have listed the top Solana blockchain projects that investors should follow in 2022.
Star Atlas is a blockchain-based multiplayer exploration game that aims to build an open economy within its metaverse. The game will enable its players to earn ATLAS tokens simply from players and succeed in the game. Star Atlas claims to be the 'universe of opportunities' due to its dual economy, which uses ATLAS tokens as its main currency and POLIS tokens for governance.
Raydium is an automated market maker that has many use cases. Since the project is built on Solana, it allows for much faster and cheaper transactions when compared to its Ethereum-based competitors.
Serum is a DEX and provides the backend for multiple products on Solana. Serum enables projects to build applications using the Serum on-chain central liquidity pools. Additionally, it also allows developers to share middleware, which is extremely helpful.
The GARI network is behind the development of Chingari, one of the most popular social media apps in India. Chingari created GARI to facilitate a massive digital economy. Users will earn GARI tokens for creating and sharing content that goes viral and to tip other users if they enjoy their videos.
Audius is a blockchain-enabled music streaming platform that gives creators complete control over the content they produce, so it is no surprise that Audius is instantly gain popularity in recent years. The project was initially launched on the Ethereum blockchain before migrating to Solana.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
