What is SOL?

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Solana is a high-performance blockchain platform designed to support decentralized applications (dApps) and crypto ecosystems. It was created by the Solana Foundation and uses a proof-of-history (PoH) consensus in conjunction with the underlying proof-of-stake (PoS) consensus to address the scalability and speed limitations faced by earlier blockchain networks.

Market cap

$0 0.00%

Circulating supply

0 SOL

Total supply

unlimited
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Mission

Solana’s mission is to build the most censorship resistant network in the world through equal access to read and edit information written to the Solana blockchain ledger.

SOL Markets

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SOL Use Cases

Travel

At Travala.com, we offer more than 3,000,000 travel products in over 230 countries available for purchase with SOL. Plus, you’ll receive a 2% giveback in the AVA rewards token on every accommodation booking.

Decentralized Finance (DeFi)

Solana powers a variety of decentralized finance applications, offering fast and low-cost transactions. Users can engage in activities like lending, borrowing, trading, and earning interest on digital assets.

Decentralized Apps (dApps)

Solana supports a broad range of decentralized applications across various sectors, including gaming, social media, and marketplaces. These dApps leverage Solana's speed and scalability to provide seamless user experiences.

NFT Infrastructure

Solana has become a hub for NFT creation, trading, and marketplaces. Platforms like Magic Eden and SolSea allow users to mint, buy, and sell NFTs, offering an alternative to Ethereum's more expensive gas fees. Examples include Star Atlas (a decentralized gaming metaverse) and Audius (a decentralized music streaming platform). Solana's low costs and high speed make NFT minting and transactions more accessible to creators and collectors.

How to Pay with SOL

Visit Travala.com and search for a hotel, home, flight, or other travel product by entering your destination and dates.

Select your desired choice from the available options.

Enter the required traveller details.

Select Crypto as your payment method, then select SOL.

Click Complete Reservation. In your SOL Wallet, input the generated address by scanning the provided QR code or by copying the text. Ensure that the exact SOL amount is entered and send the payment.

Click Payment sent. Your transaction will be processed and you will receive a confirmation email once your voucher or e-ticket is available.

Buy, Sell and Trade SOL

Exchanges where you can buy, sell and trade SOL:

Store SOL

Store your SOL securely with the following wallets:

Are you an exchange or wallet provider that supports SOL? Contact us to have your platform added to the lists above.

FAQs

What makes Solana different from other blockchains?

Solana stands out for its high transaction throughput, low fees, and unique Proof of History (PoH) consensus mechanism. These features enable Solana to process thousands of transactions per second, making it faster and more scalable than many other blockchain networks like Ethereum. This efficiency makes Solana an attractive choice for decentralized finance (DeFi), NFTs, and decentralized applications (dApps).

What is the SOL token used for?
How secure is the Solana network?