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Solana

Solana (SOL)

Rating4.1
  • Coin: Solana (SOL)
  • Launch Date: 2020-04-10
  • Address:
  • Platform:
  • Website: solana.com
  • Explorers: solscan.io, explorer.solana.com, solana.fm, solscan.io, solanabeach.io
  • Tags: PoS, Platform, Solana Ecosystem, CMS Holdings Portfolio, Kenetic Capital Portfolio, Alameda Research Portfolio, Multicoin Capital Portfolio, OKX Ventures Portfolio, Layer 1, FTX Bankruptcy Estate , SEC Security Token, Alleged SEC Securities, CMC Crypto Awards 2024
  • Reddit: solana
  • Facebook:
  • Twitter: solana
  • Ranking: 58
  • Rating: 4.1
  • # 4
  • Solana (SOL)
  • Current Price: $184.90
  • Market Capitalization: $88,739,377,129.00
  • 24h Trading Volume: $3,309,427,707.00

Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.
To learn more about this project, check out our deep dive of Solana.
The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain.
Because of the innovative hybrid consensus model, Solana enjoys interest from small-time traders and institutional traders alike. A significant focus for the Solana Foundation is to make decentralized finance accessible on a larger scale.