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Buy Solana (SOL) in UK With GBP | CoinJar

Solana

SOL

£0.000GBP

Figures shown refer to the past. Past performance is not a reliable indicator of future results. Pricing data is provided by CoinJar.

SOL price calculator

GBP

SOL

Overview

#5Popularity

UtilityAsset type

2020Active since

Official site

What is Solana?

Looking to buy Solana (SOL)? Solana is a fast and efficient blockchain platform that is one of the fastest in the world. It is a competitor to , Polkadot, and Cardano.

Why buy SOL?

Solana is mainly known as being a highly scalable blockchain protocol. It also has cross-chain compatibility. This means that Solana seamlessly integrates with other blockchain networks, making it convenient to build and use dApps (apps built on blockchains) that work across multiple platforms.

Solana is also energy-efficient, which makes it more sustainable and eco-friendlier than proof-of-work (PoW) blockchains, like Bitcoin.

It uses a unique consensus mechanism called proof-of-history (PoH), which records the passage of time between events on the blockchain using hashed timestamps.

Solana and culture

Solana is useful because it offers a high-performance for dApps and digital currencies. It supports a wide range of dApps and projects, such as , a decentralised exchange; , a music streaming platform; and , a metaverse game.

Solana launched , which sold a collection of pictures of cartoon apes.

10,000 of them in the first 10 minutes, which then drove the SOL token higher as people needed the cryptocurrency to buy the cartoon apes.

There is also a community of digital artists and collectors who create and trade on various marketplaces on Solana. For example, is a curated NFT marketplace that features exclusive drops from known artists.

By the way, Solana is the name of a small Southern Californian coastal city, which the founder of the blockchain platform, Anatoly Yakovenko .

Cash, credit or crypto?

Buy Solana using Visa or Mastercard. Get cash in your account with Faster Payments Service (FPS). Convert crypto-to-crypto with a single click.

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