Can Solana be hacked?

Preliminary analysis from CertiK shows that the attacker exploited a vulnerability on the solana side of the Wormhole bridge to create 120,000 so-called “wrapped” ethereum tokens for themselves . (Wrapped etherum tokens are pegged to the value of the original coin but are interoperable with other blockchains.)

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What is special about Solana?

Solana now boasts a theoretical peak capacity of 65,000 transactions per second and has become one of the most highly used blockchains today due to its speed and cheap transaction costs. Like almost any blockchain system today, Solana is still very new and not without controversy.

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Which Crypto is better than Solana?

Axie Infinity . Another cryptocurrency that’s handily outpaced Solana in the dApp revenue department is play-to-earn blockchain-based game Axie Infinity ( AXS 17.25% ). Axie has brought in $105 million over the past 30 days — it’s the aforementioned No. 2 behind Ethereum — and $1.26 billion over the trailing year.

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Why should you buy Solana?

Solana is the only major cryptocurrency blockchain which utilizes a proof-of-history (PoH) consensus. However, despite Solana’s uniqueness, it has some serious issues to consider before you buy it. Solana promises high scalability, security and stability .

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