$SOL : Solana was launched officially in 2020, and its main founder is Anatoly Yakovenko. Its Layer 1 blockchain favours the fast speed and affordable costs to users. It supports also smart contracts and dApps. Several projects are operating Solana (SOL) coins for DeFi platforms and NFTS market places.

Solana based NFT projects are capable of high performance without the Layer 2 solution. But Layer 2 on Solana creates interoperability with other chains ⛓️. The blockchain of Solana gives high performance in comparison with Ethereum. Solana is used for fast ⏩ transactions and low gas ⛽ fees. Solana Ecosystem is used in the big projects like DEXs, Radium, DePIN, Jito, and Meme coins like dogwifhat and Book of Meme.

Solana Outrages happened in Feb 24 due to Bot Transactions and Bugs 🪲. Solana Ecosystem was upgraded by a new data protocol called QUIC. Jito Labs, Firedancer and Sig are using Solana Ecosystem for blockchain resilience and Decentralisation. New compiler 'Solang' is compatible with Ethereum blockchain mechanics.

In 2023, Solana introduced its own Web3 Smart phone 📱 Saga (process ) but couldn't influenced the Users because the Ecosystem couldn't adjust with dApps properly.

Solana tokens can be traded on centralised crypto exchanges. 1 Solana price is $SOL 148.02, and Rs 12468.13 and Binance traded SOL/USDC about the trading volume $ 33.58 B in 24 hours. 1 SOL/USD price is $ 148.75. Its Market Cap is around $ 76.65 B USD, and 24 hours trading volume is $ 3.016 B USD. The circulation supply is 517.86 million SOL. Its Diluted Valuation is $ 89.18 B USD, and its total supply is 59.976 crores.