Solana Gains Momentum on Cloudbet’s High-Speed Transactions

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

Crypto Blog

, a leading crypto casino and sportsbook platform, is experiencing a significant surge in Solana-based transactions, as users increasingly recognize the benefits of the blockchain’s lightning-fast speeds and low fees. Whilerecently touted Solana’s impressive 46x transactions per second compared to Ethereum, Cloudbet’s users are taking full advantage of the blockchain’s capabilities to place bets, deposit funds, and receive payouts faster than ever before.

“When we first noticed the uptick in Solana usage on our platform, we assumed it was just following the currency’s market value,” a Cloudbet spokesperson explained. “But we found increased adoption was driving Solana’s value, not the other way around. So, where are all these new Solana users going, and what are they doing with their digital assets? Interestingly, we’ve seen a lot of Solana users betting on soccer, with just as many in the casino lobby.

As Solana continues to showcase its impressive performance and Cloudbet continues to integrate more tokens from the Solana blockchain, the platform is well-positioned to cater to the growing demand for high-speed, low-cost betting.is a proud pioneer of crypto betting.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 568. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Solana (SOL) Price Surges 12% as Major Metrics Go BullishSolana's key metrics are signaling strong momentum and potential for further gains
Source: Utoday_en - 🏆 295. / 63 Read more »

Ore wins Solana hackathon despite disrupting Solana’s network in AprilThe Solana-native cryptocurrency Ore won a Solana-backed hackathon despite playing a major role in the disruption of the blockchain last month.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Solana (SOL) Skyrockets 1,966% in Fund Flows: Is Solana ETF Possibility?Solana (SOL) has surged jaw-dropping 1,966% in fund inflows, sparking discussions about potential for Solana ET
Source: Utoday_en - 🏆 295. / 63 Read more »

Solana-Based Dogwifhat and Dogecoin Pare Gains as Bitcoin Struggles to Reclaim $64KMeme coins are among biggest laggards over past 24 hours
Source: Utoday_en - 🏆 295. / 63 Read more »

Solana validators to receive full priority fees as SIMD-0096 gains approvalSolana validators have approved Solana Improvement Document (SIMD)-0096, which proposes sending all transaction priority fees to validators.
Source: TheBlock__ - 🏆 464. / 53 Read more »

Solana FireDancer validator launches documentation website, SOL price holds 23% weekly gainsSolana network has been sensational since the fourth quarter (Q4) of 2023, making headlines with a series of successful meme coin launches that outperformed their peers.
Source: FXStreetNews - 🏆 14. / 72 Read more »