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 1,198 transactions per second
Solana Max TPS is 5,289 transactions per second
Solana Max Theoretical TPS is 65,000 transactions per second
Solana transaction volume is 3,104,453,107 transactions
Solana block time is 0.4s
Solana finality is 12.8s
Solana has 102,324,518,289 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 784 validators
Solana stake is $44.26B
Solana consensus mechanism is Proof of Stake (PoS)
Solana governance is off-chain

Developer Activity Metrics:
Solana has 10,770 developers
Solana has 122 repos
Solana has 86,923 commits
Solana has 39,975 stars
Solana has 1,874 watchers

Financial Metrics:
Solana revenue is $910.5K
Solana average transaction fee is $0.006163
Solana price is $104.2
Solana market cap is $59.02B
Solana fully diluted valuation (FDV) is $64.56B
Solana market cap to FDV ratio is 91.42%