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Solana
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The returns displayed do not include the fees and expenses that are charged. Please refer to our fees page and additional important disclaimers and risk disclosures.

Solana 

What is Solana?

Solana is a blockchain network that seeks to develop an ecosystem of cryptocurrency-powered products and services.

Solana offers similar features to Ethereum but differentiates itself by providing faster transaction settlement times, lower fees and a programming capability that focuses on flexibility.

Solana can currently handle over 50 000 transactions per second, more than Ethereum and Bitcoin combined, and at a fraction of the cost. Developers can also write and launch customisable applications, called Decentralised Applications (DApps) in multiple programming languages on the Solana blockchain.

Solana’s native cryptocurrency, SOL, is used to pay for executing custom programs and sending transactions.

Crypto risk disclosure

Solana 

What is Solana?

Solana is a blockchain network that seeks to develop an ecosystem of cryptocurrency-powered products and services.

Solana offers similar features to Ethereum but differentiates itself by providing faster transaction settlement times, lower fees and a programming capability that focuses on flexibility.

Solana can currently handle over 50 000 transactions per second, more than Ethereum and Bitcoin combined, and at a fraction of the cost. Developers can also write and launch customisable applications, called Decentralised Applications (DApps) in multiple programming languages on the Solana blockchain.

Solana’s native cryptocurrency, SOL, is used to pay for executing custom programs and sending transactions.

Crypto risk disclosure
Performancei
Solana
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The returns displayed do not include the fees and expenses that are charged. Please refer to our fees page and additional important disclaimers and risk disclosures.

Why Invest?

Scalability

Solana is built for speed and can currently execute over 50 000 transactions per second. Bitcoin and Ethereum, on the other hand, process 5 and 15 transactions per second respectively. For reference, Visa’s payment’s network is said to process over 1 700 per second. Faster transaction processing speeds are necessary for projects rebuilding the financial system as we know it through decentralised blockchain-based applications.

Low fees

Solana offers far lower fees when compared to what many other similar blockchain networks are charging today. For reference, Ethereum transaction fees are >200x more expensive when compared to the same transaction on the Solana network.

Ecosystem growth

Solana’s ecosystem is still reactively small, but has grown rapidly since its inception. It has seen a 130% growth in its projects over the last couple of months (up to 181 projects) and its total value locked into smart contracts is now north of $3.5Billion.

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Need help? Email us at
support@revix.com

Regions
Europe
Africa
Asia
America
Australasia
Language
EN
UK office

Senna Building

97 Hackney Road

E2 8JF, London

United Kingdom

SA office

Equinox Building

154 Main Rd, Sea Point

8005, Cape Town

South Africa

Follow

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