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Solana is a high-performance blockchain protocol designed to enable scalable, user-friendly applications for the world.
What is Solana?
Solana is a high-performance blockchain platform designed to support scalable, user-friendly decentralized applications (dApps). Launched in 2020 by Solana Labs, it aims to address the limitations of earlier blockchains like Bitcoin and Ethereum, particularly in terms of scalability, speed, and cost. (developers.metaplex.com)
How Does Solana Work?
Solana employs a unique combination of Proof of History (PoH) and Proof of Stake (PoS) consensus mechanisms. PoH provides a verifiable sequence of time, allowing the network to process transactions in parallel, while PoS ensures network security and decentralization. This architecture enables Solana to process thousands of transactions per second with low fees. (developers.metaplex.com)
What Makes Solana Unique?
Solana's key features include high throughput, with the capability to process over 65,000 transactions per second; low transaction fees, averaging around $0.00025 per transaction; and a developer-friendly environment utilizing the Rust programming language. Additionally, Solana's architecture supports cross-chain interoperability through its Wormhole protocol, facilitating asset transfers between different blockchains. (geeksforgeeks.org)
Who Are the Founders of Solana?
Solana was founded in 2017 by Anatoly Yakovenko, a former engineer at Qualcomm, along with Greg Fitzgerald and Eric Williams. Yakovenko's background in distributed systems and compression algorithms played a pivotal role in developing Solana's high-performance blockchain. (pt.wikipedia.org)

Latest News

What Key Events Have There Been for Solana?
In May 2025, several major banks and financial institutions, including HSBC and Bank of America, partnered with the Solana Foundation through UK-based software firm R3 to integrate Solana's blockchain into their operations. This collaboration signifies the increasing acceptance of public blockchains by traditional finance for tokenizing assets like stocks and bonds. (ft.com)
Project Announcements
In February 2025, CME Group announced plans to launch Solana futures on March 17, pending regulatory approval. This move responds to increasing client demand for regulated products to manage cryptocurrency price risk and could pave the way for exchange-traded funds (ETFs) tied to Solana. (reuters.com)

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Where to Buy Solana?
Solana (SOL) can be purchased on major cryptocurrency exchanges such as Binance, Coinbase, and Kraken. These platforms offer various trading pairs, including SOL/USD and SOL/BTC, providing liquidity and accessibility for traders.
Solana Price
Daily Trading Volume
As of September 11, 2025, Solana's daily trading volume is approximately $2.5 billion, indicating robust market activity.
All-Time High
Solana reached an all-time high of $259.96 in November 2021. Comparatively, the current price is $223.19, reflecting a decrease of approximately 14% from its peak. (en.wikipedia.org)
All-Time Low
Solana's all-time low was $0.50 in May 2020. Compared to the current price of $223.19, this represents a significant increase, highlighting substantial growth over time.
Market Cap and Valuation
Market Cap
Solana's current market capitalization is approximately $75 billion, ranking it among the top cryptocurrencies by market cap.
Fully Diluted Valuation
The fully diluted valuation of Solana, considering the total supply of SOL tokens, is estimated at $100 billion. 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. Recent partnerships with major financial institutions and the introduction of regulated financial products like futures contracts may positively impact Solana's valuation. However, potential risks such as network outages and regulatory challenges should also be considered.

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.

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