$## Solana/BTC Pair
The SOL/BTC pair represents the value relationship between Solana (SOL) and Bitcoin (BTC). In this pair, Solana, the native cryptocurrency of the decentralized computing platform Solana, acts as the base currency, while Bitcoin, the first and most well-known cryptocurrency, acts as the counter currency.
The SOL/BTC pair is influenced by a variety of factors. Solana aims to compete with centralized payment systems due to its speed and low fees, processing up to 50,000 transactions per second, while Bitcoin serves as a store of value. The historical link lies in their blockchain roots, although they target different markets and uses.
Solana is known for its scalability and proof of history, while Bitcoin is valued for its security and decentralization. The differences in goals and technologies can lead to different price dynamics.
The rapid rise of Solana as a major competitor to Ethereum has drawn attention to the pair. The revelation of Solana's proof-of-history technology or major moves within the Bitcoin ecosystem may have had a significant impact on the relationship: on November 7, 2021, for example, the pair reached a high of 0.0042 BTC.
Solana was launched in February 2018, while Bitcoin was created in 2009. Solana's cryptocurrency proof is a combination of proof of stake and proof of history. In the case of Bitcoin, it is a proof of work.