SOL Project Overview
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SOL Assessment
solana Highly Positive
Project Overview
Solana is an open-source project leveraging blockchain technology to offer decentralized finance (DeFi) solutions. Officially launched in March 2020 by the Solana Foundation in Geneva, Switzerland, the project began in 2017. The Solana protocol facilitates decentralized app (DApp) creation and enhances scalability through a unique proof-of-history (PoH) consensus, combined with proof-of-stake (PoS). This innovative hybrid consensus model attracts both small and institutional traders, with a key focus on making decentralized finance more accessible.
