While Polygon had a higher number of daily active addresses compared to Solana, the situation varied when it came to the number of transactions. This raises the question of whether there is a definitive winner between the two.
The Solana-based project, Cardinal Protocol, intended to enrich the functionality of non-fungible tokens (NFTs), is winding down its operations as a result of challenging economic circumstances.
Solana Foundation, the non-profit organization responsible for the layer-1 blockchain, has revealed that ChatGPT has been integrated into its network. The update stated that a new plugin will enable users to interact with Solana directly from ChatGPT. Solana made an official announcement via its Twitter, revealing that the ChatGPT plugin is now available for download on GitHub.
Despite their initial goal of challenging Ethereum (ETH), a rivalry has emerged between Cardano and Solana as they both rank among the top 10 smart contracts. As the competition heats up, the question arises: which network holds greater potential for growth?
To support projects that combine blockchain and artificial intelligence (AI), the Solana Foundation has announced a $1 million small-scale grant program.
Since its launch in 2021, Magic Eden has undergone rapid growth, raising $130 million in Series B funding in July 2022 with a valuation of $1.6 billion. It is currently the largest NFT marketplace in the Solana ecosystem.