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What is Solana (SOL)?

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Suba

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Solana was founded in 2017 Currently (June 28, 2022) the price of Solana (SOL) is $37.00, ATH $260 reached on 6/11/2022. Trading volume $1.2 million
 
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Solana is promising cryptocurrency otherwise most of crypto websites of airdrops are paying with solana.
 
When I came to know about SOL it was already around $50. I was thinking about investing but it continued being bullish and then it was beyond my reach. Interestingly, all the elan has passed and it is now about $13.
 
Based on the statistics supplied above it demonstrate that SOL has not performed incredibly well but I see Solana as a promising project in the future.
 
Solana is a high-performance blockchain platform that aims to provide fast and low-cost transactions for decentralized applications. It utilizes a unique consensus algorithm called "Proof of Stake Time" to validate transactions quickly and efficiently.

Solana's native cryptocurrency, SOL, is used to pay for transaction fees and access to network resources.
 
I remember that CoinpayU is offering such a feature for Solana staking add to other networks like Polygon or so many others like TRX so it is good for mining options.
 
saoussen5765 said:
I remember that CoinpayU is offering such a feature for Solana staking add to other networks like Polygon or so many others like TRX so it is good for mining options.
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Yes, coinpayu added staking options in various cryptocurrencies a long time ago, I haven't really used it yet, but it seems interesting to me, I do staking on other platforms, for example exodus.
 
Solana was one of the best crypto currencies and it was called Ethereum killer but what happened with FTX caused a crash in solana's price too but it still has the potential to recover.
 
Imran Noori said:
Solana was one of the best crypto currencies and it was called Ethereum killer but what happened with FTX caused a crash in solana's price too but it still has the potential to recover.
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After its fall to $9, it rebounded and almost tripled in value, but really I still won't enter until I see clear signs of a healthy recovery, and apart from that they begin to fix the network of so many congestions.
 
Suba said:
Solana was founded in 2017 Currently (June 28, 2022) the price of Solana (SOL) is $37.00, ATH $260 reached on 6/11/2022. Trading volume $1.2 million
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I have always heard a lot of people say that the future of Solana is very bright. I don't hold it but I believe so.
 
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