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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| SOL | -40.73% | +7,208.79% | +135.92% | +14,416% |
| S&P | +13% | +86.41% | +13.26% | +143% |
Solana (SOL) is a highly scalable blockchain platform designed to enable fast, low-cost, and decentralised applications. Its hybrid consensus model, combining Proof of Stake and Proof of History, ensures efficient transaction processing. SOL is the native cryptocurrency used for fees, staking, and governance. Solana was founded by Anatoly Yakovenko and launched in 2020 with a focus on mass adoption, supporting a wide array of use cases including DeFi, NFTs, and gaming.
Solana's high-speed and low-cost layer-one network appears to be in high demand today.
Ethereum might get all the attention from crypto investors, but don't sleep on Solana.
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