$SOL ranking 05

Release date 11082020

Solana is a high-speed single-layer blockchain, currently supporting a maximum capacity of 65,000 transactions per second and a block time of 400ms by using a network timestamping system called Proof-of-History ("PoH").

The core technical team comes from Qualcomm (a chip manufacturer listed in the Fortune 500), where they managed projects such as Firefox OS and the BREW Operating System.