News and Analytics

What is Solana (SOL)? Solana Cryptocurrency Review

Jun 24, 2022
What is Solana. How the Solana Blockchain Works
0

Solana is a public and open source blockchain that supports smart contracts, including non-fungible tokens (NFTs) and various decentralized applications (dApps). The project supports many decentralized finance (DeFi) platforms. The blockchain is based on the SOL token, which provides network security through staking, and is also a means of transferring value.

Solana token (SOL) is among the top 10 cryptocurrencies. Current price 34$. Number of coins in circulation - 342,076,648.80 SOL. Capitalization - $9.6 billion.

The main directions in the Solana ecosystem:

1 DeFi
2 Dex
3 Marketplace NFT
4 Games

TOP DeFi by TVL on Solana:

  1. Solend (SLND);
  2. Atrix;
  3. Raydium (RAY);
  4. Serum (SRM);
  5. Marinade Finance (MNDE).

ТОР DEX on Solana:

  1. Serum (SRM);
  2. Raydium (RAY);
  3. Atrix;
  4. Orca (ORCA);
  5. Saber (SBR).

ТОР Marketplace NFT on Solana:

  • Magic Eden;
  • OpenSea;
  • Solanart;
  • Exchange Art;
  • Solsea.

TOP games on Solana by number of users: Gameta, SolaJump, DeFi, Land, SolChicks, LadderCaster.

Comments

Latest news

Binance Returns to Belgium After Summer Hiatus

Binance Returns to Belgium After Summer Hiatus

Earlier this summer, Binance was required to wind down operations in Belgium due to a warning from the FMSA, the country’s principal financial regulator.Previous Dispute With RegulatorThe FMSA
Open post >
Three Reasons Why Bitcoin (BTC) Could Be About to Fall Back to $20,000

Three Reasons Why Bitcoin (BTC) Could Be About to Fall Back to $20,000

Despite sharp downside in the US stock market on Tuesday amid a fresh push higher in long-dated US yields to new multi-decade highs as traders pricing in a policy of higher interest rates for longer f
Open post >
Shiba Inu Adoption: Texans Allowed to Pay Their Solar Panel Bills in SHIB

Shiba Inu Adoption: Texans Allowed to Pay Their Solar Panel Bills in SHIB

The residents of Texas can now settle their solar panel bills in various cryptocurrencies, including the popular memecoin Shiba Inu (SHIB). Numerous analysts have previously argued that mass adoption
Open post >
Crypto Outflows Continue Amid Market Downturn

Crypto Outflows Continue Amid Market Downturn

Crypto sentiment goes in different directions in Europe and America as fund outflows continue for 6th week amid ongoing market downturn.
Open post >
Show more

Latest Dapp Articles

Show more