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Solana Coin (SOL)

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What Is Solana Coin (SOL) ?


Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.

To learn more about this project, check out our deep dive of Solana.

The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain.

Because of the innovative hybrid consensus model, Solana enjoys interest from small-time traders and institutional traders alike. A significant focus for the Solana Foundation is to make decentralized finance accessible on a larger scale.

  • Solana Price Prediction 2024

    According to the technical analysis of Solana Coin (SOL) prices expected in 2024 Minimum $300. Maximum $800

  • Solana Price Prediction 2025

    After the analysis of the prices of Solana Coin (SOL) in previous years, it is assumed that in 2025, the minimum price of Solana will be around $1000 The maximum expected Solana price may be around $1500

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