The blockchain industry has been thoroughly disrupted by the Solana blockchain over the past year. In addition to the instant speed and lower cost of transactions, the network has burst into the public eye with its solutions supporting high-frequency trading strategies. Today, the network is home to projects such as the Serum decentralized exchange and the Raydium liquidity provider and aggregator.

The protocol has been designed to guarantee scalability and fast processing at low transaction costs, making it a popular target for NFT projects.

They have fundamentally redesigned the standard blockchain technology by implementing Proof of History (PoH) technology alongside the Proof of Stake (PoS) consensus mechanism, which can guarantee decentralized verification and auditability of transactions up to 40,000 transactions per second.

The Solana blockchain is not only faster but also safer and performs better than its competitors. Most of the latest generation of blockchains sacrifice conclusiveness on the altar of scaling, which often means that it takes 10-20 minutes for a transaction to be truly final. With Solana, this is reduced to less than a second.

Integrating the Solana network was also a particularly complex task for Inlock. Csaba Csabai, the company’s managing director, said the following about the process:

Although the integration is basically identical to other blockchains, the speed of the network has forced us to completely redesign our existing blockchain processing technologies. The SOL network generates 2-3 blocks per second, which often contain 2000-3000 transactions, and a single transaction can contain up to several hundred units of so-called “programs”. These parameters are far beyond the usual processing frameworks, so they cannot be processed with the usual tools.

The price of Solana blockchain’s native token (SOL) has steadily risen so far, largely due to higher developer activity in the Solana ecosystem, greater institutional interest, the growing DeFi ecosystem, and NFTs and games built on the platform.

The most prominent tokens in the Solana chain are currently SOL, FTX’s token (FTT), Serum (SRM) and Raydium (RAY) – all of which have now been launched on the Inlock platform alongside the Solana network and SOL token.

The tokens in Inlock can be deposited and swapped in the same way as the previous 15 tokens, so you now have 19 different cryptos to choose from.

Serum runs on the Solana chain and is the fast and cost-effective currency of the decentralized DEX exchanges.

Raydium (RAY) is an automated market maker (AMM) and a liquidity provider coin on the Solana blockchain. Raydium has the advantage of being integrated with Serum in addition to its own supply, making it currently the largest marketplace in the Solana ecosystem. Raydium’s most popular service is “AcceleRaytor”, which has already completed several successful Initial Dex Offerings (IDOs). Most recently, the Raydium community assisted in creating the ATLAS and POLIS tokens, which have since been listed on the exchange.

FTT is the native token of the FTX exchange. is the largest and fastest-growing centralised exchange recently. The own token of the exchange (FTT) is very similar to Inlock’s token, as holding and staking them can provide important benefits.