Energy Impact Report: September 2024.
As a proof-of-stake blockchain, Solana uses less energy than conventional proof-of-work networks. Less energy consumption means lower carbon emissions. Since the last Energy Use report in December 2023, the Solana network has reduced its carbon footprint by 69% through onchain purchase of carbon credits and innovative biodiversity credits.
Users can observe the networkâs energy performance directly through a real-time emissions dashboard, recently updated to comply with new Markets in Crypto Assets (MiCA) regulations. These efficiencies, coupled with the Solana Foundationâs dedication to sustainability and a burgeoning decentralized environmental sector, make Solana a popular solution for environmental projects.
