What is Solana (SOL)

Solana Ecosystem

Solana is an open source blockchain protocol that uses a unique combination of proof of history and proof of stake mechanisms to achieve scalability. Trade SOL with MEXC Global.With Bitcoin’s verifiable delay implementation, Solana is able to implement optimistic concurrency control and is on track to reach the theoretical limit of 710,000 transactions per second.

Core Features of Solana

  • Scale for global adoption. Solana ensures composability between ecosystem projects by maintaining a single global state as the network scales.
  • Low Cost. Solana ensures transactions remain less than $0.01 for both developers and users by speeding up transactions.
  • Speed. Solana( Trade it here) is all about speed, with 400 millisecond block times. And as hardware gets faster, so does the network.
  • Decentralized and Secure. The Solana Network is spread over thousands of independent validator nodes.

SOL use cases

The native token of Solana is called SOL, and it is most frequently used in governance mechanisms such as transmitting data across nodes in a Solana cluster to run on-chain programs and/or validate results. Lamports, or fractional SOL payments, can be processed by Solana as micropayments. The value of a lamport is 0.000000001 SOL.

How to buy SOLANA (SOL)?

You can buy SOL on MEXC following the steps:

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