What is Solana?

Solana is a blockchain technology that is being developed by scientists and technologists at the National Renewable Energy Laboratory. The Solana blockchain is designed to facilitate transactions of high volumes of data in a fast and secure way. This could have implications in many industries, including finance, information technology, health care and the internet of things (IOT).

Table of Contents

  1. Who created Solana?
  2. What is Solana's symbol?
  3. How fast is Solana?
  4. What is Solana's block time?
  5. Can you mine Solana?
  6. Does Solana support smart contracts?
  7. Is Solana EVM compatible?
  8. Is Solana dead?

Who created Solana?

Solana was created/founded by Anatoly Yakovenko.

What is Solana's symbol?

Solana's ticker is SOL.

How fast is Solana?

Solana can process an estimated 65000 transactions per second. Though, you should also consider block time in this equation too.

What is Solana's block time?

Solana's block time is approximately 0.4 seconds. This means that every 0.4 seconds, the Solana blockchain produces a new block.

Can you mine Solana?

No, you cannot mine Solana. Solana is a PoH blockchain.

Does Solana support smart contracts?

Yes, Solana has smart contracts. It can support DeFi, NFTs, gaming, and more.

Is Solana EVM compatible?

Yes, Solana is EVM compatible. You can use it with popular Web3 wallets like Metamask. It supports smart contracts, DeFi, NFTs, dApps, and more.

Is Solana dead?

Blockchains don't tend to "die"... They're designed to continue running without a centralize authority or provider. If there's still a node running, Solana will remain in use. Sure, there may be exploits, or luls in user activity, but generally it should keep running!

Solana comparisons

Compare Solana with other blockchains to see how it stacks up.

We've compared Solana with 18 other blockchains. Click on a comparison to learn more!

Solana's social links

Find out more about Solana by visiting their official channels!