Founded by former Qualcomm, Intel, and Dropbox engineers in late-2017, Solana is a single-chain, delegated-Proof-of-Stake protocol whose focus is on delivering scalability without sacrificing decentralization or security.
Core to Solana's scaling solution is a decentralized clock titled Proof-of-History (PoH), built to solve the problem of time in distributed networks where there is not a single, trusted, source of time. By using Verifiable Delay Functions, PoH allows each node to locally generate timestamps with SHA256 computations. This eliminates the need for the broadcasts of timestamps accross the network, improving overall network efficiency.
| Solana Price | $0.563183 USD |
|---|---|
| Solana ROI | -32.86% |
| Market Rank | #364 |
| Market Cap | $9,715,379 USD |
| 24 Hour Volume | $1,675,287 USD |
| Circulating Supply | 17,250,829 SOL |
| Total Supply | 488,630,524 SOL |
| Max Supply | No Data |
| All Time High | $1.31 USD (Apr 10, 2020) |
| All Time Low | $0.505153 USD (May 11, 2020) |
| 52 Week High / Low | $1.31 USD / $0.505194 USD |
| 90 Day High / Low | $1.31 USD / $0.505194 USD |
| 30 Day High / Low | $0.705812 USD / $0.505194 USD |
| 7 Day High / Low | $0.611087 USD / $0.552294 USD |
| 24 Hour High / Low | $0.589725 USD / $0.552294 USD |
| Yesterday's High / Low | $0.587839 USD / $0.567348 USD |
| Yesterday's Open / Close | $0.573472 USD / $0.577495 USD |
| Yesterday's Change | $0.004023 USD (0.70%) |
| Yesterday's Volume | $2,159,877 USD |