Solana crypto: Solana is a Layer 1 blockchain that

Solana is a Layer 1 blockchain that offers users fast speeds and affordable costs. It supports smart contracts and facilitates the creation of decentralized applications (dApps). Projects built on Solana include a variety of DeFi platforms as well as NFT marketplaces, where users can buy Solana-based NFT projects. Solana (SOL) is a type of digital cryptocurrency, utilizing peer-to-peer transactions, mining and other technological feats into a modern day asset. Use this page to follow news and updates regarding Solana live price, create alerts, follow analysis and opinion and get real time market data. Find here all you need to know about the Solana crypto current price. Solana has received much praise for its speed and performance, and has even been tipped as a rival that can compare to Ethereum and challenge the dominant smart contract platform. Solana is a public blockchain platform that uses a proof-of-stake consensus mechanism and provides smart contract functionality. The platform's native cryptocurrency is SOL. Solana was founded in 2018 by Anatoly Yakovenko and Raj Gokal, and the network was launched in March 2020 by their San Francisco-based company, Solana Labs. Designed to support decentralized applications and high-throughput transactions, Solana gained traction as a competitor to Ethereum, particularly during the rise of ...