Solana, positioning the fastest network

SOL Basic

Symbol: SOL
Chain Name: Solana
Application: Coin, Enhanced smart contract
Category: Chain
Subcategory: coin, smart contract
Mechanism: PoS
Additional: PoH
Speed: Solana Max Theoretical TPS is 65,000. It produces one block every 0.4 seconds.
Max Supply: ∞

Anatoly Yakovenko

Founder

Corporate Investors

Investors

Solana Foundtion

Foundation

High Speed: Solana by having 65,000 theoretical TPS and producing a block in 0.4s was the first fastest blockchain. However nowadays faster networks has been born but Solana positioning itself as a leader of high speed network, we should wait & see others like SUI or Sonic can occupy this position or not.
High DEX Volume: Solana, has lots of daily transactions in DEXs because of its popularity among crypto community.
Backers: Solana obtain $314M in 9 Jun 2021 from known investors like Andreessen Horowitz (a16z), Polychain Capital, Multicoin Capital, CMS Holdings, Alameda, and more.
High liquidity: Tradable in all known DEX and CEX.
Innovator: Innovator of PoH (Proof of History) to higher speed achievement.

System down: Solana network had few downtime in past years, this caused price fall during those incidents.
High volatility: Although it is one of the top 5 famous cryptocurrencies, it still has very high volatility.