Solana

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Solana

Solana ($SOL) is a decentralized blockchain built to enable scalable, user-friendly apps, at a much lower cost compared to Bitcoin or Ethereum — in part by utilizing an innovative Proof-of-History (PoH) timing mechanism for consensus.

Quick Facts

Solana is a Layer 1 blockchain
Solana utilizes a “Proof of History” (POH) consensus mechanism
Solana is purpose built with fundamental scalability, powered by its PoH consensus mechanism; it has a theoretical limit of 50,000 Transactions Per Second (TPS)
Solana’s average Cost Per Transaction (CPT) is $0.00025
Solana’s White Paper 📄

Technical Specifications

(as of 3/24/22)

Performance Data

Metric	Value
Active Transactions Per Second (TPS)	3,096 TPS
Max Theoretical TPS	50,000 TPS
Average Cost Per Transaction (CPT)	$0.00025 USD
Block Height	113,447,331
Environmental Impact	∙ Solana is carbon neutral as of Dec. 2021 thanks to carbon offsets
Bridges	∙ Wormhole ∙ REN VM Bridge ∙ APYSwap All Bridge

Github Activity

Metric	Value
Repository Name	solana-labs
Stars	6,254
Watchers	64
Forks	362
Contributors	233
Merged Pull Requests	12,133
Closed vs Total Issues	2,123 out of 6,262

Financial Ecosystem

(as of 3/24/22)

Metric	Value
SOL Price	$88.98
Market Cap	$47.45B
Ecosystem Ranking by Market Cap	#8
Token Trading Volume – 24hr	$1.7B
Total Value Locked (TVL)	$11.95B
Liquidity	$61.5M
Number of Active Wallets	7,891,052
Number of Unique Wallets	2,324,126
Circulating Supply	323,086,651.57 SOL
Total Supply	511,616,946 SOL
Node Count	1,609 validator nodes
Inflation Rate	9.63%