Solana
SOL
$ 156.35
0.00258152 BTC
Marketcap
$ 47,400,549,297
Volume (24h)
$ 1,756,785,282
Circulating Supply
300,427,658 SOL
Total Supply
488,630,611 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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