Solana (SOL) is a high-performance Layer 1 blockchain designed for decentralized applications (dApps) and crypto projects. Launched in 2020 by Anatoly Yakovenko, it utilizes a unique Proof of History (PoH) combined with Proof of Stake (PoS) to achieve transaction speeds exceeding 50,000 per second, significantly outpacing Ethereum. SOL is used for staking, transaction fees, and governance. As of April 2025, SOL ranks among the top five cryptocurrencies by market capitalization, reflecting its growing adoption and developer interest. The platform's scalability and low fees make it a strong candidate for future crypto exchange-traded funds (ETFs) .
Coinbase
+1
Binance Academy
+1
Financial Times
In March 2025, U.S. President Donald Trump announced the inclusion of Solana in a proposed national crypto reserve, alongside Bitcoin, Ethereum, XRP, and Cardano. This move aims to bolster the U.S.'s position in the global digital asset space .
Latest news & breaking headlines
+1
reuters.com
+1
For real-time updates on SOL's price and market data, visit CoinMarketCap.
CoinMarketCap
+1
CoinMarketCap
+1
#Solana #CryptoInnovation #BlockchainTechnology #DeFi #SmartContracts
