What is SOL

Learned by 8.4k usersPublished on 2024.03.29Last updated on 2025.05.06

154.32

+2.32%

  • Last Price154.32
  • Turnover (24h)13.67M
  • All-Time High293.31
  • Total Supply602.55M
  • Fully Diluted Market Cap92.98B
  • Ranking6
  • Market Cap80.98B
  • All-Time Low0.5
  • Circulating Supply524.81M

Note: The project description is sourced from official materials provided by the project team. However, it is important to note that these materials may be outdated, contain errors, or omit certain details. The provided content is for reference purposes only and should not be considered investment advice. HTX does not assume any liability for any direct or indirect losses incurred as a result of relying on this information.

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1. Project Introduction
Solana is a Layer 1 blockchain utilizing a Proof of History (PoH) consensus mechanism, designed for high throughput, low fees, and energy efficiency. Written in Rust, Solana addresses the timestamp synchronization problem inherent in traditional consensus mechanisms. By introducing PoH as a global time source, Solana enables nodes to quickly reach consensus without the need for intensive communication, significantly reducing validation time and improving performance.
2. Team & Investment Info
Anatoly Yakovenko: Co-founder; previously a software engineer at Dropbox and Mesosphere, engineering manager at Qualcomm, and co-founder at Alescere.
Raj Gokal: Co-founder and President of Solana Labs, Board Member of Solana Foundation; former Director of Product at Omada Health, co-founder at Sano, and investor at General Catalyst.
Lily Liu: President of Solana Foundation; co-founder of Earn.com (acquired by Coinbase), contributor to Osmosis Labs, previously CFO at Chinaco Healthcare and senior manager at McKinsey & Company.
Funding:
Seed round (Apr 2018): $3.17M
Founding Sale (Jun 2018): $12.63M
Validator Sale (Jul 2019): $5.7M
Strategic Sale (Jan 2020): $2.29M
CoinList Sale (Mar 2020): $1.76M
Series (Jun 2021): $314M led by a16z and Polychain Capital
3. Social Media URLs
X: https://x.com/solana
Telegram: https://t.me/solana
Discord: https://solana.com/discord
GitHub: https://github.com/solana-foundation/solana-com
YouTube: https://www.youtube.com/SolanaFndn
4. Token Info
Token Symbol: SOL
Total Supply: 587,403,746
Token Type: Solana
Token Distribution: There is an inflationary model.
Block Explorer: https://explorer.solana.com/
Token Distribution:
Initial Supply: 500 million SOL
Seed Sale: 16.23%
Founding Sale: 12.92%
Validator Sale: 5.18%
Strategic Sale: 1.88%
CoinList Sale: 1.64%
Team: 12.79%
Foundation: 10.46%
Community: 38.89%
5. Related Links
Official Website: https://solana.com/
White Paper: https://solana.com/solana-whitepaper.pdf
LinkedIn: https://www.linkedin.com/company/solana-foundation/
Other Info: https://www.rootdata.com/Projects/detail/Solana?k=MTE3

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How to Buy SOL

Welcome to HTX.com! We've made purchasing Solana (SOL) simple and convenient. Follow our step-by-step guide to embark on your crypto journey.Step 1: Create Your HTX AccountUse your email or phone number to sign up for a free account on HTX. Experience a hassle-free registration journey and unlock all features.Get My AccountStep 2: Go to Buy Crypto and Choose Your Payment MethodCredit/Debit Card: Use your Visa or Mastercard to buy Solana (SOL) instantly.Balance: Use funds from your HTX account balance to trade seamlessly.Third Parties: We've added popular payment methods such as Google Pay and Apple Pay to enhance convenience.P2P: Trade directly with other users on HTX.Over-the-Counter (OTC): We offer tailor-made services and competitive exchange rates for traders.Step 3: Store Your Solana (SOL)After purchasing your Solana (SOL), store it in your HTX account. Alternatively, you can send it elsewhere via blockchain transfer or use it to trade other cryptocurrencies.Step 4: Trade Solana (SOL)Easily trade Solana (SOL) on HTX's spot market. Simply access your account, select your trading pair, execute your trades, and monitor in real-time. We offer a user-friendly experience for both beginners and seasoned traders.

5.1k Total ViewsPublished 2024.03.29Updated 2025.05.06

What is SOL

1. Project IntroductionSolana is a Layer 1 blockchain utilizing a Proof of History (PoH) consensus mechanism, designed for high throughput, low fees, and energy efficiency. Written in Rust, Solana addresses the timestamp synchronization problem inherent in traditional consensus mechanisms. By introducing PoH as a global time source, Solana enables nodes to quickly reach consensus without the need for intensive communication, significantly reducing validation time and improving performance.2. Team & Investment InfoAnatoly Yakovenko: Co-founder; previously a software engineer at Dropbox and Mesosphere, engineering manager at Qualcomm, and co-founder at Alescere.Raj Gokal: Co-founder and President of Solana Labs, Board Member of Solana Foundation; former Director of Product at Omada Health, co-founder at Sano, and investor at General Catalyst.Lily Liu: President of Solana Foundation; co-founder of Earn.com (acquired by Coinbase), contributor to Osmosis Labs, previously CFO at Chinaco Healthcare and senior manager at McKinsey & Company.Funding:Seed round (Apr 2018): $3.17MFounding Sale (Jun 2018): $12.63MValidator Sale (Jul 2019): $5.7MStrategic Sale (Jan 2020): $2.29MCoinList Sale (Mar 2020): $1.76MSeries (Jun 2021): $314M led by a16z and Polychain Capital3. Social Media URLsX: https://x.com/solanaTelegram: https://t.me/solanaDiscord: https://solana.com/discord GitHub: https://github.com/solana-foundation/solana-comYouTube: https://www.youtube.com/SolanaFndn4. Token InfoToken Symbol: SOLTotal Supply: 587,403,746Token Type: SolanaToken Distribution: There is an inflationary model.Block Explorer: https://explorer.solana.com/Token Distribution: Initial Supply: 500 million SOLSeed Sale: 16.23%Founding Sale: 12.92%Validator Sale: 5.18%Strategic Sale: 1.88%CoinList Sale: 1.64%Team: 12.79%Foundation: 10.46%Community: 38.89%5. Related LinksOfficial Website: https://solana.com/White Paper: https://solana.com/solana-whitepaper.pdfLinkedIn: https://www.linkedin.com/company/solana-foundation/Other Info: https://www.rootdata.com/Projects/detail/Solana?k=MTE3

8.4k Total ViewsPublished 2024.03.29Updated 2025.05.06

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