Solana is a public blockchain. It is open-source and decentralised, and achieves consensus using a proof-of-stake algorithm together with a novel algorithm called proof-of-history. Its internal cryptocurrency has the symbol SOL. Bloomberg considers the platform "a potential long-term rival to Ethereum." Like Ethereum, Solana can interact with smart contracts. On 14 September 2021, Solana's blockchain went offline after a wave of transactions caused discord between network participants and a subsequent split into multiple blocks. The network was successfully restored early on 15 September. Solana can likely handle 50,000 transactions per second, making it faster than Ethereum, but still lower than the 400,000 transactions seen during the peak. (The price of Solana is $103.49188)
The price of Solana is currently $103.491882
1 hour % | 12 hour % | 24 hour % | 7d % | 30d % | 1y % |
---|---|---|---|---|---|
BTC 0.36% USD 0.67% ETH 0.16% |
BTC 0.4% USD 0.17% ETH -0.56% |
BTC -0.17% USD 0.05% ETH -2.52% |
BTC -8.47% USD -8.85% ETH -15.69% |
BTC -9.6% USD 11.2% ETH -17.22% |
BTC 103.13% USD 350.26% ETH 137.21% |
The all time high price of Solana was $259.704602081 on 2021-11-06 21:50:00
Development Status: | Working product |
---|---|
Proof Type: | Delegated Proof of Stake |
Hash Algorithm: | Tower BFT |
Hardware Wallet: | No |
Circulating Supply: 441,081,532 SOL
Beta Value: 0.000