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 787.4 transactions per second
Solana Max TPS is 4,709 transactions per second
Solana Max Theoretical TPS is 65,000 transactions per second
Solana transaction volume is 2,834,767 transactions
Solana block time is 0.4s
Solana finality is 12.8s
Solana has 92,209,928,796 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 20
Solana has 970 validators
Solana has no data for stake
Solana consensus mechanism is Proof of Stake (PoS)
Solana governance is off-chain

Developer Activity Metrics:
Solana has 10,708 developers
Solana has 108 repos
Solana has 85,328 commits
Solana has 38,094 stars
Solana has 1,922 watchers