What is Solana (SOL)?

Modified on Sat, 18 Feb 2023 at 02:02 PM

Solana (SOL) is a blockchain network that stands out for its transaction speed. It can handle up to 50,000 transactions per second and takes only 400 milliseconds per block to create. This makes Solana recognized as one of the fastest blockchain networks to date.

In addition, Solana currently has over 400 projects built on the network, including DeFi, NFTs, Web3, and more. For example, Serum, Raydium, as well as the most popular stablecoins: USDT and USDC, can be used on Solana.

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select atleast one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article