Solana (SOL) today as of Friday, December 22, 2023, 15:34 +06.

Solana (SOL)

Current price: $14.01 USD

Change in the last 24 hours: -3.09%

Change in the last 7 days: -12.92%

Market cap: $5.06 billion USD

Circulating supply: 362.94 million SOL

Total supply: 1 billion SOL

Max supply: 1 billion SOL

Solana is a blockchain platform designed for scalability and security. It uses a unique hybrid consensus mechanism called Proof of Stake with Proof of History (PoH). This allows Solana to process transactions quickly and efficiently, with a theoretical throughput of 50,000 transactions per second.

Solana has been gaining traction in the cryptocurrency market in recent months, due to its fast transaction speeds and low fees. However, the recent downturn in the cryptocurrency market has also impacted Solana, and its price has fallen significantly in the past week.

Despite the recent price decline, Solana remains a promising blockchain platform with a lot of potential. Its scalability and security features make it well-suited for a variety of applications, including decentralized finance (DeFi), non-fungible tokens (NFTs), and gaming. #BinanceWish #sol $SOL