FIYA.NEUY
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   Solana: SOL $172.387725 USD   -3.894%
120 days
7 days
24 hours
1 hour
low: $171.253333
$179.713333 :high

ABOUT Solana
About Solana (SOL)? Solana (SOL) is a high throughput cryptocurrency based on the Proof of History (PoH) and Proof of Stake (PoS) consensus. Built by a team of networking engineers, Solana aims to become the blockchain infrastucture for modern internet applications. Who is the founding team behind Solana? Solana was founded by 4 co-founders, led by Anatoly Yakovenko. Anatoly Yakovenko wrote and published a whitepaper on the concept of Proof of History in November 2017. Proof of History is a concept introduced to keep time between computers in a network in sync which forms the basis of scaling the number of transactions. Greg Fitzgerald, whom used to be Anatolys colleague at Qualcomm participated in the project by suggesting and writing the Proof of History codebase in the Rust programming language.  Stephen Akridge and Raj Gokal joined the project shortly later and together the 4 individuals incorporated the new blockchain network called Solana in 2018. What Makes Solana Unique? Solana is a general purpose blockchain similar to Ethereum. It has a different technical underlying such that developers write applications using Rust instead of Solidity or Vyper. End user applications in the Solana ecosystem includes decentralized finance (DeFi), non-fungible tokens (NFT), marketplaces, games, e-commerce and more. One of its biggest feature is its scalability in which Solana is able to process over 700,000 transactions per second. Its high throughput capability appeals to high frequency traders, in which spearheaded by FTX and Alameda Research. What is the SOL currency used for? Solanas native currency is SOL. Solana (SOL) is used to pay for transaction fees and staking in order to support the network. Solana in 2022 Solana crypto price experienced a hyperbolic growth in 2021. With the advent of multichain and increased adoption of DeFi and NFT, Solana managed to capture a large market share. Developers were attracted by the technical underlying and started building dapps such as Star Atlas, Mercurial, Orca, Saber, and more. Yield farming on Solana caught on shortly after that as a way to attract liquidity and activities to the network. In 2022, it remains to be seen if Solana and its ecosystem of dapps is able to capture market share. While Solana has been on a high note, it did experienced some setback with network outages lasting as long as over 16 hours on September 15th, 2021. The Solana team and node operators coordinated a reset in order to revive the network. Despite that, Solana coin managed to remain steady above $150 after the incident occured.

Links:

Sector(s):
Solana
Blockchain

Contract Addresses:

CRYPTO INFO
Native Holders: 9154449
Ethereum Holders: 18031
Binance Holders: 7185
Polygon Holders: 13389

Type:
ERC20
Volume 24hrs: 23252578
Volume 24hrs: $4,008,459,021.81
FD Market Cap: $91.84 Bil
Avail Supply: 464505372
Total Supply: 532734194
EXCHANGE PRICES
Binance: $172.48
Coinbase: $172.47
Kraken: $172.57891
Crypto.com: $172.64
Ascendex: $171.9609
Liquidity Pools:

Symbol Chain Project TVL ($ USD) 1D APY 7D APY 30D APY
SOL-BODEN Solana orca $37908 5494.41% 6914.79% 7320.9%
SOL-SELFIE Solana orca $14264 170.31% 0% 950.65%
SOL-MANEKI Solana orca $19511 240.66% 735.37% 720.05%
SOL-RETARDIO Solana orca $315580 97.74% -42.39% 560.23%
SOL-SLERF Solana orca $116460 402.76% 530.68% 507.33%
SOL-$MICHI Solana orca $28975 21.62% -66.9% 402.26%
SOL-DITH Solana orca $129383 19.81% 361.8% 308.71%
SOLCAT-USDC Solana orca $89270 176.91% 689.65% 280.59%
SOL-BODEN Solana orca $15872 375.83% 290.07% 264.68%
SOL-CHONKY Solana orca $38968 6.11% 203.1% 254.04%
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