Solana
SOL
$ 209.91
0.00366450 BTC
Marketcap
$ 63,803,713,417
Volume (24h)
$ 2,749,309,081
Circulating Supply
305,863,144 SOL
Total Supply
508,180,964 SOL

What is Solana?

Solana (SOL) is a web-scale blockchain that provides fast, secure, scalable, decentralized apps and marketplaces. Solana ensures composability between ecosystem projects by maintaining a single global state as the network scales. The network introduces various new and unique technologies to provide users with unmatched transaction speeds and enterprise-level security.

Solana is a high-performance cryptocurrency blockchain which supports smart contracts and decentralized applications. It uses a proof of stake consensus mechanism with a low barrier to entry along with timestamped transactions to maximize efficiency. Solana (SOL) is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance solutions.
Solana can process 50k transactions per second.

SOL is a cryptocurrency native to the Solana blockchain. It is burned to pay for fees on the Solana network. SOL can also be staked to become a blockchain node.


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