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home / news releases / BTCS - BTCS adds Solana to blockchain infrastructure; stakes nearly 7K tokens

BTCS - BTCS adds Solana to blockchain infrastructure; stakes nearly 7K tokens

BTCS Inc.
BTCS (NASDAQ:BTCS) on Wednesday has added cryptocurrency Solana (SOL-USD) to its blockchain infrastructure. Note Solana’s (SOL-USD) open-source blockchain protocol features a variety of decentralized solutions that includes non-fungible tokens, decentralized applications, smart contracts, digital asset transactions and payment mechanisms. BTCS has staked 6,997 Solana (SOL-USD) tokens valued at approximately $710K, and is generating compounding rewards, the company said. Keep in mind staking allows users to generate an annual percentage yield on their staked assets. Meanwhile BTCS (BTCS +0.8%) shares are slightly higher out of the gate, while Solana (SOL-USD -3.6%) coins are slipping below $100. In January, BTCS added Algorand (ALGO-USD) to its blockchain infrastructure.

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BTCS adds Solana to blockchain infrastructure; stakes nearly 7K tokens
Stock Information
Company Name: BTCS Inc.
Stock Symbol: BTCS
Market: NASDAQ
Website: btcs.com
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