Solana (SOL), a crypto asset developed by Anatoly Yakovenko and Greg Fitzgerald in 2017, is the fastest blockchain in the world. Integrated with its 8 core innovations, it enables the transaction to be faster and cheaper (65.000 transactions per second at less than a penny each). Solana (SOL) is a home for countless projects, such as DeFis, NFTs, lending protocols, Web3 Apps, games, staking, and many others.
What Makes SOL Unique?
- The fastest blockchain in the world (65.000 TPS)
- Ultra-low fees (less than $0.01)
- Third-largest future market, especially in NFT ecosystems
What Affects the Price of SOL?
- Market's supply and demand
- Project news and development details
What Gives SOL Value?
The only blockchain that uses eight core innovations (PoH, Tower BFT, Turbine, Gulf Stream, Sealevel, Pipelining, Cloudbreak, Archivers) for faster transactions and cheaper fees.
How Secure Is the Solana (SOL) Network?
Solana (SOL) utilizes a unique combination of Proof-of-History (PoH) and Proof-of-Stake (PoS) consensus mechanisms to secure the network.
How many SOL tokens are there?
There are 354,913,715 tokens in total (Oct 2022).
What projects are on Solana?
Since it has smart contracts, developers can build DApps with ease. Solana's top projects include Audius, Raydium, and Star Atlas.
Should you invest in Solana (SOL)?
Solana (SOL) is quickly stabilizing and expanding after its drop in 2022. It recently launched Solanart as the new NFT marketplace and continues to construct future innovations. By investing, you contribute to the improvement of blockchain technology.