What is Solana (Solana)?

. Solana is a type of cryptocurrency or digital currency that exists exclusively online. Solana was initially released in April 2019 and started trading at less than $1 per coin. Since then, its price has risen remarkably fast, rising to above $200 before falling alongside other cryptocurrencies for most of 2022.

Where to buy Solana stock?

If you would like to know where to buy Solana at the current rate, the top cryptocurrency exchanges for trading in Solana stock are currently Binance, OKX, Bybit, Cointr Pro, and DigiFinex. You can find others listed on our crypto exchanges page. The live Solana price today is $23.46 USD with a 24-hour trading volume of $360,135,818.79 USD.

What happened to Solana?

Solana was launched in 2020 by Solana Labs, which was founded by Anatoly Yakovenko and Raj Gokal in 2018. The blockchain has experienced several major outages, was subjected to a hack, and a class action lawsuit was filed against the platform. Solana's total market cap was US$55 billion in January 2022.

What will Solana do in 2023?

Solana continues to make headway in two key areas --NFTs and Web3 -- that could lead to rapid growth in 2023. Solana has doubled down on its support for blockchain developers and has a vibrant, global ecosystem to tap into for future growth.