3 Must-Know Facts About Solana, Before You Buy the Cryptocurrency [Yahoo! Finance]
MercadoLibre, Inc. (MELI)
Last mercadolibre, inc. earnings: 2/10 04:01 pm
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Source: Yahoo! Finance
There might be no better beneficiary of this positive momentum than Solana (CRYPTO: SOL) This cryptocurrency has skyrocketed 800% just in the past 12 months. A $1,000 investment would be worth $9,000 today. Good luck finding a better-performing asset. Before you rush to buy Solana, make sure you take the time to understand these three facts about it. 1. Transaction mechanism Like Ethereum , Solana operates a proof-of-stake consensus mechanism. This means that token owners are the ones who help approve transactions and validate the blockchain. Solana also has functionality for smart contracts But this innovative cryptocurrency has a unique feature known as proof-of-history. This system changes how time is recorded on the blockchain, reducing the need to carry extra data and resulting in faster throughput. It helps explain why Solana can theoretically process 50,000 transactions per second (TPS). That's astronomically higher than Ethereum's 14 TPS or Bitcoin 's 5 TPS. 2. Bui
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News
- Want $1 Million in Retirement? 3 Stocks to Buy Now And Hold for Decades. [Yahoo! Finance]Yahoo! Finance
- MercadoLibre (MELI) Stock Moves -0.45%: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Up 6,326% Since IPO, Is It Too Late to Buy MercadoLibre (NASDAQ:MELI) Stock? [Yahoo! Finance]Yahoo! Finance
- MercadoLibre (MELI) to Report Q1 Results: Wall Street Expects Earnings Growth [Yahoo! Finance]Yahoo! Finance
- MercadoLibre, Inc. (NASDAQ: MELI) had its price target lowered by analysts at Wedbush from $2,000.00 to $1,800.00. They now have an "outperform" rating on the stock.MarketBeat
MELI
Earnings
- 2/22/24 - Miss
MELI
Sec Filings
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- 4/23/24 - Form 8-K
- MELI's page on the SEC website