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.
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.
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?
ScalabilitySolana is a high-performance blockchain for building highly scalable smart contract applications. It's considered one of the most popular smart contract platforms after Ethereum, and one of the fastest-growing. With average transaction fees of $0.00025 and the ability to support more than 50,000 transactions per second, Solana has become a key competitor to Ethereum.
Low feesSolana 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 growthSolana’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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