#SECETFApproval uede permitirse asumir un riesgo elevado de perder su dinero.



Invest

Save

Card and payments

Training

About XTB

Client Corner

Web app

Andorra•Spanish

Change

Download the app

What is Solana?

Related topics:

Cryptocurrencies

Reading time: 5 minute(s)

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

Index

What is Solana? 

Features of Solana

What factors can affect the price of Solana?

Investing in XTB

Where your money works for you

Investing involves risks

Become a Client

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 cryptocurrency with the largest market capitalization, there are other currencies that may also be of interest to users. One of them is Solana, a crypto launched to the market in 2020 that has been gaining popularity in recent years. But what exactly is it?

What is Solana? 

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