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What is Solana?

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Cryptocurrencies

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Image with the logo of the Solana cryptocurrency in an article about what Solana is

Solana is a cryptocurrency launched in the market in 2020 that has been dubbed 'the Ethereum killer'. In this article, we explain what Solana is and its main features.

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What is Solana?

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Since the launch of Bitcoin in 2009, the cryptocurrency sector has diversified thanks to the incorporation of new titles. Among these, the most prominent is Ethereum, which marked a before and after with its launch in 2015 and the incorporation of blockchain technology and smart contracts. But although Ethereum has managed to position itself as the second largest cryptocurrency by market capitalization, there are other currencies that may also be of interest to users. One of them is Solana, a crypto launched in the market in 2020 that has been gaining popularity in recent years. But what is it exactly?

What is Solana?

Solana is an open-source platform designed to host scalable and decentralized applications securely. Created by Anatoly Yakovenko and launched in the market in 2020, this platform shares multiple similarities with Ethereum, to the point of being dubbed the 'Ethereum killer'.