What Is Solana (SOL)?
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.
Who Are the Founders of Solana?
What Makes Solana Unique?
How Many Solana (SOL) Coins Are There in Circulation?
How Is the Solana Network Secured?
Where Can You Buy Solana (SOL)?
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Solana Price Live Data
The live Solana price today is $83.84 USD with a 24-hour trading volume of $3,145,633,052 USD. We update our SOL to USD price in real-time. Solana is down 2.21% in the last 24 hours. The current CoinMarketCap ranking is #5, with a live market cap of $36,316,685,897 USD. It has a circulating supply of 433,153,620 SOL coins and the max. supply is not availabl #TradeNTell.
