Solana
- Live from: 2017
About
Native Token
Blockchain Score
Overview
Solana is building the architecture of their blockchain based on Proof of History. This is a proof for verifying order and passage of time between events. Solana aims to improve blockchain scalability by using a combination of proof of stake consensus and proof of history. As a result, it claims to be able to support 50,000 transactions per second without sacrificing decentralisation and is positioned as a serious Ethereum competitor because of its speed and cost-effectiveness.
Pros
- It is currently the number one platform for DApps, especially DeFi.
- Largest developer community – 250,000 active developers (July 21).
- Ethereum is truly decentralised – there is no centralised authority with ultimate control.
- Great interoperability – DApps built on Ethereum can automatically connect to hundreds of existing protocols.
- Demonstrated security and proven reliability.
- A defined roadmap for improvement with EIP 1559, changing Eth to a deflationary asset and Eth 2.0 which will slash gas fees along with a number of very significant improvements.
Cons
- Many implementations still await their launch on the Mainnet Beta version.
- Satisfactory hardware setup for Solana is relatively costlier.
- Not fully decentralised with less than 200 validators.
Solana (SOL)
4.71%
$ 213.76
$ 10.07
⇣ 203.16
28 Aug
⇡ 214.73
Coins in the Solana Ecosystem
Solana Team
All Solana Projects
Solana Total Value Locked (TVL)
Solana Whitepaper
- Transactions Per Second (TPS)
- Transaction Speeds (Secs)
- Cost Efficiency ($USD)
- Energy Efficiency (Kwh)
30,000+
0.50 – 2.50
0.00001
low
Performance: 95/100
Ecosystem Map
Ecosystem
Explorer
DEX
Launchpad
NFT Marketplace
Bridge
Wallet
Solana Reviews
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- Launch your own letsbonkfun clone
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- How one random post became a turning point in my investing?
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- Wallet as a Service on Solana: 5 Practical Tips for Choosing an Infrastructure Partner
- SIMD Vote Status - Live Tracking Of Voting For "Alpenglow"
- If you were expecting the seeker in the USA
- Introducing Solana Bench: How well can LLMs build complex transactions?
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- I built an AI powered memecoin/crypto token quantitative analyst
- JUPITER LEND PUBLIC BETA NOW UP
- Solana trading feels different this month, how are you all playing it?
- Solana Seeker – did anyone actually get an invoice?