Solana
SOL

$ 24.19 / Ƀ 0.00104425

Marketcap

$ 8,998,492,365

Volume

$ 612,917,831

Circulating

371,680,100 SOL

Total supply

539,683,540 SOL

All time high

$ 259.96

Difference between ATH

90.69%

Date last ATH

November 6, 2021

Days since ATH

451

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Latest Solana updates on January 24th

The Solana project has recently announced the launch of their new development platform, Hello Moon. The platform is designed to engage directly with on-chain Solana data, providing developers with the necessary tools to build on the Solana blockchain. Additionally, the team has recently hosted a community call to discuss the upcoming V2 runtime and has also opened up a global hackathon for builders to participate in and be notified about. Finally, the project has launched their Saga Pass Cards, exclusively for Saga Pass holders and which offer a random card every week until launch. Overall, the Solana project appears to be quite active and is continuing to build out their platform.

What is Solana ?

Solana is a revolutionary new blockchain technology that is set to revolutionize the way developers, users, and companies interact with blockchain technology. Solana is an open-source project that has been developed to bring blockchain to the masses and make it easier for everyone to use this technology. Solana is focused on providing scalability and speed to the blockchain network, enabling faster transactions and decentralized applications.

Solana is a web3 infrastructure platform that is designed to be fast, secure, and accessible to everyone. Solana has been designed to be energy efficient and can process thousands of transactions per second. Solana has block times of 400 milliseconds, and the fees for both developers and users remain less than $0.01. The network is also supported by thousands of independent validator nodes, ensuring that your data remains secure and censorship resistant.

The Solana platform is perfect for developers and companies building decentralized applications, as well as those looking to use blockchain technology for payments, gaming, and NFTs. The Solana community has come together to build an open-source order book which can power decentralized finance for everyone, and the Solana Foundation has hosted multiple Hacker Houses and Hackathons to promote the development of the platform.

Solana is also powering tools and integrations from companies all around the world. Companies like Toys’R’Us are using Solana to bridge the digital and physical worlds with NFTs, and ASICS accepted pre-orders for their Solana-inspired UI collection using Solana Pay. Games like Bladerite are using Solana to power their in-game item ownership system, and organizations like MonkeDAO are running validator nodes to support the Solana network.

With its fast transaction speeds and low transaction costs, Solana is poised to become the go-to blockchain technology for developers, users, and companies. Solana’s support of decentralized applications, NFTs, payments, gaming, and DeFi are just some of the reasons why developers and companies are turning to Solana for their blockchain needs.

This article was published on 2023-01-29 by Marc Endevor. Information shown in this article was gathered from the project’s website and Twitter account. Coinvestigate cannot guarantee the accuracy of this information, or any news that may have impacted the project in the meantime.

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What is the price & marketcap of Solana?

Solana is a cryptocurrency with a price of $ 24.19 and marketcap of $ 8,998,492,365. Solana’s market price has increased 2.55% in the last 24 hours. It ranks 12 amongst all cryptocurrencies with daily volume of $ 612,917,831.

SOL / USD Historical prices

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Past updates about Solana

Published on 2023-01-17 : Solana has had a busy start to the year, with updates and announcements rolling in. In the past few weeks, they have onboarded 70+ MDPs managing infrastructure, allowing them to submit north of 7M transactions per day. Additionally, they have enabled trading on a DEX that can be done fast. They have also opened a hackathon, encouraging developers to build what they would like to see. Furthermore, they have partnered with Jito Labs, who are operating a validator for the Bonk Inu community, and with Magic Eden to open a co-working space in Melbourne. Finally, they have released the Nakamoto Coefficient, an important differentiator for permissionless networks, and indexed every single NFT transaction that has ever happened on Solana.

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