Solana (SOL) Review, Price, Market Cap and more | Coinopsy

Solana (SOL)

Solana (SOL) - Fast And Scale

Solana is a fast, secure, and censorship resistant blockchain providing the open infrastructure required for global adoption.
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Solana's current price is $126.060 USD. In the past 24 hours, Solana's price has decreased by -7.9 percents..
SOL
Name (Ticker)
Solana (SOL)
Price (USD)
$126.06
Rank
6
Active Supply
314.5 million
Total Supply
508.2 million
Volume(24H)
2.2 billion
Market cap
39.6 billion
Fun Name
Fast And Scale
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Summary

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.

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.

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