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 $21.280 USD. In the past 24 hours, Solana's price has increased by +5.5 percents..
SOL
Name (Ticker)
Solana (SOL)
Price (USD)
$21.28
Rank
7
Active Supply
413.0 million
Total Supply
558.8 million
Volume(24H)
389.2 million
Market cap
8.8 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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