The Future Of SOLANA (SOL)


Solana is an open-sourced and decentralized public blockchain platform that was developed by Anatoly Yakovenko, Alevtina Yakovenko. Solana was officially released in April to carry out transactions at a very high speed without compromising decentralization. Solana achieves consensus using “proof of stake” and “proof of history” and carries out peer-to-peer transactions with its native cryptocurrency, SOL.

The SOL is used for payment of transaction fees and staking. Solana is capable of processing 50,000 transactions per second. Solana, like Ethereum, is both a cryptocurrency and a versatile platform for operating crypto programs, including Degenerate Apes and the Serum decentralized exchange (or DEX). Additionally, its most significant innovation is its ability to process transactions fast with low congestion and transaction fees.


Since September 8, the price of Solana has fallen by over 48% from the all-time high of $215(3060202.50 Indonesian Rupiah).  It has regained about 20% of its losses in the past few days. The current Solana price is $151 (2,149,258.50 Indonesian Rupiah) per SOL.

Currently, there are over 297,144,874.615 SOL in circulations.

solana chart


Solana supports different types of wallets, the Solana native command-line app, and wallets from third parties. Depending on your experience and comfort level with commands (for advanced users) or app-based options. You can choose from a variety of crypto wallets. App-based Solana wallets like Trust Wallet, Coin 98, or Exodus Wallets allow most users to install an app for easy interaction instead of learning complex codes or commands that more experienced or tech-savvy users may prefer. You can use visit Blockchain for Bitcoin login.

Solana Supported Web Wallets:

Solana Supported App Wallets:


Generally, for keeping cryptocurrency, both hardware and paper wallets are typically secure. Both are regarded as secure due to their capacity to keep records offline, preventing hackers and malware from gaining access to crypto accounts. Because of the private keys and their security, hardware wallets keep your crypto accounts safe when your computer is offline and connected. In other words, you don’t need Ethereum and Bitcoin login details for this types of wallets

Security is one of the essential features of a Solana-compatible wallet, which is greatly improved with a hardware wallet. These devices are built to last, with features such as resistance to water, fire, and high voltage levels.


Many people believe that Solana, like Bitcoin, can be mined for coins. That is not possible with a Proof of Stake coin.

However, Solana provides two key opportunities for users to help the network in exchange for free Solana rewards:

  • Staking: Staking is a method of earning free Solana rewards by staking Solana you already own with a validator. A Validator on the Solana network will give you rewards of around 8% for allowing your Solana coins to be staked to help confirm transactions on the network. Similar to how a bank pays interest on your deposits in exchange for using your funds to support mortgages and other investments.
  • Validation: Validation is a service that allows you to run a powerful server in a data center to confirm transactions on the Solana network. You can earn a commission as a validator on all rewards generated by people who ‘stake’ their coins with you. However, the costs of starting up can be expensive for many.

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