Pulsar Finance made a significant announcement on May 28 regarding its integration with the Solana blockchain. Pulsar Finance, a multi-chain portfolio tracker, aims to provide users with solutions for managing their assets across various chains. With the integration of Solana, users can now track their positions in Solana, EVMs, Cosmos, Sui, and more, all in one dashboard. This is especially important as the decentralized nature of Web3 often results in investments being spread across multiple platforms and networks, making portfolio tracking challenging and confusing. Pulsar Finance solves this problem by offering the broadest coverage of networks and protocols in the market, supporting tokens, meme coins, DeFi, and NFTs.
The integration of Solana into the Pulsar Finance platform allows for the tracking of web3 assets across 113 blockchains, providing users with a comprehensive solution for managing their digital assets in different ecosystems. This development is significant due to Solana’s unique speed and low transaction rate compared to other blockchains. In fact, Solana has been recognized as the fastest blockchain in the world, processing an impressive 95 million transactions in a single day. This sets Solana apart from its competitors and solidifies its status in the cryptocurrency market. At the time of writing, the price of SOL was valued at US$170.40, with a slight decrease of 1% in the last 24 hours.
In comparison to other established blockchains, Solana’s technical capabilities are superior. It achieves an average of 1,053 transactions per second (TPS), while Sui and Binance Smart Chain (BSC) recorded 854 and 378 TPS, respectively. On the other hand, Ethereum and Bitcoin face limitations with much lower speeds of 22.8 and 10.7 TPS, respectively.
It is important to note that the views and opinions expressed in this article are for informational purposes only and should not be considered as financial or investment advice. Investing or trading cryptocurrencies carries a risk of financial loss.
In other news, Aptos has achieved a new transaction record, surpassing Solana. The cryptocurrency Solana (SOL) is listed on HashKey Global.