Solana (SOL) exchange rate

Price for today
USD 1.98
+2.44% arrow up
BTC 0.00015538
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Market Cap
$ 87 361 569.32
Volume (24h)
$ 21 137 594.87

About Solana

Launched in December 2018 by Anatoly Yakovenko, Solana offers an innovative approach to achieving higher throughput and greater scalability of blockchain-based platforms. The project utilizes innovative proof-of-history consensus algorithm in order to effectively address the scaling issue faced by the majority of modern blockchains. PoH encodes an eternal pass of time into a blockchain register. Thus, any node in the system can be nominated as a “Leader” to achieve a PoH sequence. According to Solana CTO Greg Fitzgerald, the test platform ensures sufficient transaction processing speeds from 140 to 170 000 Tps with or without a validator node. 


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