*Solana is a decentralized protocol for building dApps with a reported throughput of 65,000 transaction per second (TPS) thanks to its distributed computing system.
*Solana uses the proof of history(PoH)- a new cryptographic mechanisim that amplifies scalability while maintaining network security, unlike most protocols that run with the proof of stake(PoS) or proof of work(PoW) mechanism.
*Solana is among the few layer-one solution capable of supporting thousands of transaction per second without having to implement second layer or off-chains.
Founders of Solana?
*The most important person behind Solana is (Anatoly Yakovenko) his professional career started at Qualcomm, after some time Yakovenko entered a new position as a software engineer at Dropbox.
*Yakovenko started working on a project in 2017 which would later materialize as Solana. He made a team with Qualcomm colleague Gerg Fitzgerald, and they found a project called Solana Labs.
*The Solana protocol and SOL token were released to the public in 2020.
Circulation of Solana
*Solana has a total supply of 569,706,678 Solana tokens and there are 440,604,312 Solana tokens that are circulating in market.
What does Solana do?
*Solana is designed to address wide range of problems in market. Its architecture was designed to be scalable While being resilient to censorship.
*It is distributed and trustless blockchain. Its designed allows it's to handle bandwidth and speed concerns related to transaction settlement.
Where you can buy Solana tokens
*Anybody can buy Solana token from- Binance, OKX, Coinbase exchange, Kranken, KuCoin.
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Technical and future of Solana
*As I have shown below in my chart about Solana that Solana has fell in November 2022 and went up in October 2023 by doing liquidity swap.
*Solana has created a order block at the level of 32$ and that order block is not filled till now.
*So there is a high chance to be filled it's order block in next 2-3 months before it goes up.
*So anyone want to invest in Solana they can buy at it's order block level at 32$.
*Investing in Solana at it's level that I have given can multiply your investment and you can earn a good return from it.
