DeFi Intel

Solana chain

Chain · PageRank 0.4377

Also known as: Solana network

Source: solana.com

Overview

Solana is a public blockchain platform designed for high throughput and low transaction costs. It employs a proof-of-history (PoH) consensus mechanism combined with proof-of-stake (PoS) to enable parallel transaction processing. The network is used for decentralized applications, DeFi, and other crypto projects.

Within the DeFi Intel graph, Solana connects to 581 tracked entities, most strongly to Solana token, USD Coin, Visa.

Relations

Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 581 total).

RelationConnected entityConfidence
supports_tokenSolana token99%
hostsUSD Coin97%
hostsVisa96%
grew-onUSD Coin95%
hostsTether USD95%
hostsLido95%
hostsRenzo95%
hostsPyth Network95%
hostsDai95%
hostsWormhole95%

More on Solana

In-depth guides on Solana

Frequently asked questions

Who founded Solana?

Anatoly Yakovenko and Raj Gokal, in 2018; Solana Labs launched the network in March 2020.

What consensus does Solana use?

Proof of stake, with a design aimed at high throughput and low fees.

Has Solana had reliability problems?

Yes; the network has suffered multiple outages attributed to high transaction volumes.

Sources

Facts on this page were verified against the following sources.