Solana
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Overview
Solana is an open-source project focused on implementing a high performance and permissionless blockchain. Solana runs on a hybrid protocol of proof-of-stake and proof-of-history. With the implementation of proof-of-history the ecosystem can easily track transactions and the order in which these occur. The blockchain coordinates with decentralized computers across the globe into a fully unified user-owned and operated cloud platform. It supports high-speed and low-cost transactions on a single layer blockchain. Focusing on scalability and speed, Solana had a peak capacity of 65,000 transactions per second.
Solana supports smart contracts, including non-fungible tokens (NFTs) and a variety of decentralized applications (dApps). Native to Solana’s blockchain is the SOL token which provides network security through staking as well as a means of transferring value
Solana supports 50,000s TPS with a peak capacity of 65,000, making it one of the world’s fastest blockchains. With the addition of Proof of History Solana has a block creation time of 400ms and a ledger size in the petabytes.
Solana’s implemented Proof of History (PoH) is a cryptographic clock which allows nodes to agree on time and order of events happening within the blockchain without having to communicate.
Solana was designed for low-cost transactions. The fees equate to $10 for every million transactions.
Solana enables multiple smart contracts to run at the same time. This saves time and makes Solana a cost efficient blockchain network. The technology is known as “sealevel”.
Network Economics
Token holders earn rewards for staking their tokens and validating transactions
40.79 USD
Token Price
14,059m USD
Market Capitalization
1.96b USD
Total Value Locked
10 – 20%
Network APR
9.78%
Avg commission fee
0 SOL
Minimum stake
5 Days
Lockup period
Stake With Us
Join us in supporting innovative blockchain networks
Security is our top priority. We only ask for the necessary information from clients. Our team makes sure that our infrastructure stays secure.
We provide regular updates on the performance of our nodes. Our clients are able to access statistics on their staked tokens at any time.
We use the most competitive equipment for our services. With our node operators, you are guaranteed top performance.
Our team is always monitoring our infrastructure and we are prepared to handle any issue the moment that it arises.
Frequently Asked Questions
Have more questions about staking? Check out the FAQ below and feel free to reach out to us with any unanswered questions