Ethereum Killer Solana (SOL) Joins Lending Platform Nexo By CoinQuora

• Solana (SOL) joins with lending platform Nexo.
• Users can now buy, swap, borrow against and earn up to 8% interest on their SOL.

Solana (SOL) joins with lending platform Nexo. Users can now buy, swap, borrow against and earn up to 8% interest on their SOL.

Solana is a high-speed, open-source blockchain platform for decentralized apps, supporting over 400 projects spanning DeFi, NFTs, Web3 and more. Solana uses a combined consensus mechanism based on Proof of Stake (PoS) and Proof of History (PoH).

Solana has recently drawn the attention of the crypto investors with a growth of nearly +8,800% in just a year. At the time of writing, the SOL price trades at $168.34 with a 24-hour trading volume of $3,100,962,252, according to CoinMarketCap.

On the other hand, Nexo is a blockchain-based lending platform that lets users …

Continue reading on CoinQuora

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.