Sol cmc

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Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure. While the idea and initial work on the project began in , Solana was officially launched in March by the Solana Foundation with headquarters in Geneva, Switzerland. To learn more about this project, check out our deep dive of Solana.

Sol cmc

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All-time high Nov 06, 2 years ago.

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SOL market cap The total market value of a cryptocurrency's circulating supply. It is analogous to the free-float capitalization in the stock market. SOL 24H trading volume A measure of how much of a cryptocurrency was traded in the last 24 hours. SOL diluted market cap The market cap if the max supply was in circulation. SOL circulating supply The amount of coins that are circulating in the market and are in public hands.

Sol cmc

Solana is an independent Layer 1 blockchain created as a fast and efficient network with an underlying smart contract protocol. The Solana network focuses on high transaction throughput and short processing time, which it achieves via its Proof-of-History PoH technology. Solana claims to be able to process 65, transactions per second, making it one of the fastest in the industry. The Solana blockchain linearly hashes transactions to create a verifiable order of all the network's activity in order to reach the aforementioned speed. Because of this, there's no need to rely on a block creator's timestamp, or for network validators to check the transaction order. The network operates on the PoH timing mechanism, which was implemented prior to the consensus layer that now operates on a proof-of-stake PoS algorithm. Solana's native token, SOL, is primarily used for staking to support the validation process, and in transaction fees for peer-to-peer P2P payments. It best fulfils these functions through an unlimited token supply. Anyone holding enough SOL is able to become a network validator or a delegator to a validator and support the consensus process needed to run the independent blockchain.

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You can find others listed on our crypto exchanges page. Solana is up 1. How Is the Solana Network Secured? Anatoly Yakovenko is the most important person behind Solana. All pairs. While the idea and initial work on the project began in , Solana was officially launched in March by the Solana Foundation with headquarters in Geneva, Switzerland. Volume 24h. All-time low May 11, 4 years ago. Curious about the crypto space? The remaining tokens were already released for public and private sales or are still to be released to the market.

Currently, it's down

Halving: 41D. There have been periods of rapid growth followed by sharp declines, a pattern common in the crypto world. However, the network has been plagued by repeated outages that have impaired its price and aspirations to be the " Visa of crypto. Learn more about Decentralized Finance DeFi. Total supply. Watchlist Portfolio. Solana Price Live Data. Cryptocurrencies Cryptocurrencies. The market cap is a reflection of the total value of all the coins in circulation and is often used as an indicator of a cryptocurrency's success. While the idea and initial work on the project began in , Solana was officially launched in March by the Solana Foundation with headquarters in Geneva, Switzerland. Proof-of-history is the main component of the Solana protocol, as it is responsible for the bulk of transaction processing. You can find others listed on our crypto exchanges page. Exchanges: