Solana (SOL)
Price: $143.40
Market cap: $66.4 billion
Year-over-year return: 646%
Solana launched in March 2020. Like ethereum, its network supports dApps, smart contracts and nonfungible tokens. But solana’s unique, hybrid proof-of-stake and proof-of-history verification system makes it faster and cheaper than ethereum.
Unfortunately, outages have plagued the network since it launched, undermining solana’s credibility. In fact, it has suffered several major and partial outages since early 2022. Solana supporters see the crypto as a potential long-term threat to the ethereum network. But solana’s stability must improve if it wants to live up to its hype as an “ethereum killer.”
Invest 5% to 8% of your portfolio
#solonapumping #Solana_Blockchain #solonameme #IntroToCopytrading #VanEck_SOL_ETFS