Solana
Solana is a high-performance blockchain known for fast transaction speeds and low fees, making it a popular choice for NFTs and DeFi apps. It uses a unique Proof of History mechanism to enhance scalability. Despite past network reliability issues, Solana continues to grow in adoption. It appeals to investors seeking exposure to next-gen blockchain infrastructure.
| Solana | |
|---|---|
| Market Cap Rank | 8 |
| Sector / Use Case | High-Speed Blockchain |
| Consensus Mechanism | Proof-of-Stake |
| Year Launched | 2020 |
| Current Price Range | $15-$200 |
| All-Time High | $259 (Nov 2021) |
| Staking Rewards (%) | 6-8% |
| Developer Activity Level | High |
| Institutional Adoption | High |
| Notable Features | High transaction speed, low fees |
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