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Solana

InfraLayer1
Solana is a high-performance blockchain protocol designed to enable scalable, user-friendly applications for the world.
About
Latest News
Upcoming Events
FAQ
What is Solana?
Solana is a high-performance, open-source blockchain platform designed to support scalable, user-friendly decentralized applications (DApps). Launched in 2020 by Solana Labs, it aims to provide fast, secure, and scalable infrastructure for DApps, addressing the limitations of earlier blockchains like Bitcoin and Ethereum. (en.wikipedia.org)
How Does Solana Work?
Solana utilizes a unique combination of proof-of-stake (PoS) and proof-of-history (PoH) consensus mechanisms. PoH introduces a cryptographic clock that enables the network to process transactions in a specific order, significantly enhancing throughput and efficiency. This architecture allows Solana to process thousands of transactions per second with low fees. (chainalysis.com)
What Makes Solana Unique?
Solana's key features include high scalability, low transaction costs, and rapid processing times. Its innovative PoH consensus mechanism enables the network to handle massive transaction volumes efficiently. Additionally, Solana's developer-friendly environment, supporting languages like Rust, and its cross-chain interoperability through the Wormhole protocol, set it apart from other blockchain platforms. (geeksforgeeks.org)
Who Are the Founders of Solana?
Solana was founded by Anatoly Yakovenko and Raj Gokal in 2017. Yakovenko, a former Qualcomm executive, brought extensive experience in distributed systems design, while Gokal contributed his entrepreneurial expertise. Together, they aimed to create a scalable and efficient blockchain platform. (cointelegraph.com)

Latest News

What Key Events Have There Been for Solana?
In recent developments, several major banks and financial institutions have partnered with the Solana Foundation through UK-based software firm R3. This collaboration allows institutions like HSBC, Bank of America, and the Monetary Authority of Singapore to integrate Solana’s blockchain into their operations, highlighting the increasing acceptance of public blockchains in traditional finance. (ft.com)
Project Announcements
In April 2023, Solana Mobile, a subsidiary of Solana Labs, began selling the Solana Saga, an Android smartphone with several Solana-based decentralized apps preinstalled. (en.wikipedia.org)

Upcoming Events

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Where to Buy Solana?
Solana (SOL) is available for trading on various cryptocurrency exchanges, including Binance, Coinbase, and Kraken. These platforms offer multiple trading pairs, with SOL/USDT being among the most popular due to its liquidity.
Solana Price
Daily Trading Volume
As of July 4, 2025, Solana's daily trading volume is approximately $2.5 billion, reflecting active market participation.
All-Time High
Solana reached an all-time high of $260 on November 6, 2021. Comparatively, the current price is $148.17, representing a decrease of approximately 43%.
All-Time Low
The all-time low for Solana was $0.50 on May 11, 2020. Compared to the current price, this marks a significant increase of over 29,000%.
Market Cap and Valuation
Market Cap
Solana's current market capitalization is approximately $50 billion, ranking it among the top five cryptocurrencies by market cap.
Fully Diluted Valuation
The fully diluted valuation (FDV) of Solana is estimated at $65 billion, considering the total supply of SOL tokens. This metric provides insight into the potential market cap if all tokens were in circulation.
Solana Price Prediction
While specific price predictions are speculative, factors influencing Solana's price include network adoption, technological advancements, and overall market sentiment. Notably, the integration of Solana's blockchain by major financial institutions and partnerships with companies like Visa and Stripe may positively impact its valuation. (ft.com, ovoro.com)
How to buy Solana?
To purchase Solana (SOL), follow these steps using the Bitget Wallet: Download the Bitget Wallet: If you haven't already, download the Bitget Wallet app from the official website or your app store. Create an Account: Open the app and create a new account by following the on-screen instructions. Ensure you secure your account with a strong password. Fund Your Wallet: Deposit funds into your Bitget Wallet by transferring cryptocurrencies or purchasing crypto using fiat currency through supported payment methods. Navigate to the Market: In the Bitget Wallet, go to the market section and search for Solana (SOL) to view available trading pairs. Place Your Order: Select the desired trading pair (e.g., SOL/USDT), enter the amount you wish to buy, and confirm your order. Once the transaction is completed, SOL will be added to your wallet.

FAQ

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.