The Coin Detective
Coins:
1995
Market cap:
$ 4026.33B
Volume 24h:
$ 202.01B
BTC dominance:
58.2%
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28-07-2025 22:41 28-07 22:41 cointelegraph.com Here’s what happened in crypto today
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21-07-2025 22:09 21-07 22:09 cointelegraph.com Here’s what happened in crypto today
Information
Description Founded by former Qualcomm, Intel, and Dropbox engineers in late-2017, Solana is a single-chain, proof-of-Stake protocol whose focus is on delivering scalability without sacrificing decentralization or security. Core to Solana's scaling solution is a decentralized clock titled Proof-of-History (PoH), built to solve the problem of time in distributed networks in where there is not a single, trusted, source of time. By using Verifiable Delay Functions, PoH allows each node to locally generate timestamps with SHA256 computations. This eliminates the need for the broadcasts of timestamps accross the network, improving overall network efficiency. Solana’s mission is to support all high-growth and high-frequency blockchain applications, and to democratize the world’s financial systems.
Development status Working product
Hash algorithm Tower BFT
Open source true
Org structure Centralized > Hierarchical
Proof type Delegated Proof of Stake
Started at 2020-04-10T00:00:00Z
Type token
Links
Blog https://medium.com/solana-labs
Explorer https://solanabeach.io
Reddit https://reddit.com/r/solana
Source code https://github.com/solana-labs/
Telegram https://t.me/solanaio
Twitter https://twitter.com/solana
Website https://solana.com
Whitepaper https://static.coinpaprika.com/storage/cdn/whitepapers/10608577.pdf
General (click metric to see the graph on the left side)
Github (click metric to see the graph on the left side)
Reddit (click metric to see the graph on the left side)
Search results (click metric to see the graph on the left side)
Technical Indicators (moving averages) (click metric to see the graph on the left side)
Technical Indicators (oscillators) (click metric to see the graph on the left side)
Twitter (click metric to see the graph on the left side)