Solana

Solana stands out as a high-performance blockchain, celebrated for its scalability, speed, and minimal transaction expenses. Featuring a distinctive consensus mechanism dubbed Proof of History (PoH), Solana achieves remarkable scalability and efficiency. Tailored to accommodate dApps, it excels in processing a vast number of transactions swiftly, thereby slashing processing durations and fees. These attributes make it a compelling platform for developers within the cryptocurrency realm.

Token symbol:
SOL

Scalability Metrics:
Solana TPS is 1,196 transactions per second
Solana Max TPS is 6,284 transactions per second
Solana Max Theoretical TPS is 65,000 transactions per second
Solana transaction volume is 3,099,892,528 transactions
Solana block time is 399ms
Solana finality is 12.8s
Solana has 111,659,978,097 total transactions since its TGE
Solana is a layer 1 blockchain
Solana was launched on Mar 16, 2020 (6 years ago)

Decentralization Metrics:
Solana nakamoto coefficient is 18
Solana has 725 validators
Solana stake is $29.22B
Solana consensus mechanism is Proof of Stake (PoS)
Solana governance is off-chain

Developer Activity Metrics:
Solana has 10,782 developers
Solana has 149 repos
Solana has 91,720 commits
Solana has 39,571 stars
Solana has 518 watchers

Financial Metrics:
Solana revenue is $346.2K
Solana average transaction fee is $0.002556
Solana price is $68.74
Solana market cap is $39.77B
Solana fully diluted valuation (FDV) is $43.15B
Solana market cap to FDV ratio is 92.16%