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 1,407 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 5,064,096 transactions
Solana block time is 0.39s
Solana finality is 12.8s
Solana has 106,760,892,536 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 19
Solana has 760 validators
Solana stake is $36.22B
Solana consensus mechanism is Proof of Stake (PoS)
Solana governance is off-chain

Developer Activity Metrics:
Solana has 10,937 developers
Solana has 136 repos
Solana has 92,076 commits
Solana has 43,939 stars
Solana has 1,971 watchers

Financial Metrics:
Solana revenue is $410K
Solana average transaction fee is $0.004517
Solana price is $85.44
Solana market cap is $49.15B
Solana fully diluted valuation (FDV) is $53.36B
Solana market cap to FDV ratio is 92.11%