Solana is revolutionizing the crypto market with its speed and low energy consumption.
Buy Solana with confidence with Coinhouse and benefit from a dynamic and expanding ecosystem.
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Buy Solana with ease on Coinhouse. Invest in SOL securely with minimal fees. Enjoy the 1st French platform approved by the AMF.
Buy
SOL
Quantity
1.000
1.000 SOL =
€ 205,55
Buy SOL
What is Solana (SOL) ?
Introduction
What is Solana?
The Solana project white paper was written in 2017.
The two people behind the creation of the Solana network are Anatoly Yakovenko and Greg Fitzgerald.
After working together on behalf of Qualcomm, they launched Solana Labs, the firm in charge of developing Solana.
The Solana blockchain is created in 2020.
The aim of Solana is to develop decentralized applications (dApps).
In this respect, Solana is one of the “Ethereum killers”, i.e. blockchains that compete with Ethereum.
Solana’s technology is based on a hybrid consensus protocol.
In addition to POS (Proof-Of-Stake), the Solana network also uses POH, Proof-Of-History.
POH involves a “calendar” that lets validators know when they need to perform their task.
The combined use of these two consensuses gives the Solana blockchain significant scalability.
With an alpha version released in 2021, Solana lands on the crypto market at a key moment.
The crypto bull run is about to kick off, boosting crypto adoption.
In particular, Ethereum killers such as Solana are proving highly successful.
In fact, the Solana corner was one of the big winners of the bull run, with a price that exploded by 10,000% in 2021.
Since then, the Solana has been in the news for the performance of its network, its price and its innovative technology.
In early 2024, the token’s performance was phenomenal: +725.17% in March 2024.
SOL is the utility token of the Solana ecosystem.
It can be used to pay transaction fees, perform staking and become a network validator.
In some cases, it can also be used to participate in the governance of the Solana protocol.
Why choose Solana?
With a price around €180 (as at July 30, 2024), Solana is a more accessible cryptocurrency than Bitcoin or Ethereum.
But Solana’s popularity is also due to its high scalability.In the face of the slowness of the Ethereum blockchain, Solana stands out with a scalability of around 50,000 TPS (transactions per second)!
According to the Solana team, theoretical scalability could even reach 700,000 TPS.
In addition to scalability, the Solana features low transaction fees and a block finality of 400 ms.
Another strategic advantage of Solana over other blockchains is its low energy costs.
According to a study carried out by the Solana Foundation, one transaction involves energy of 1,836 joules (or 0.00051 kWh).By way of comparison, this energy cost is similar to that generated by a Google search.
It also uses 25 times less energy than a computer switched on for an hour!
At a time when some blockchains, such as Bitcoin, are being criticized for their energy consumption, Solana is a (very) good example!
Given its innovative technology and performance, many projects are joining Solana.
Today, the Solana ecosystem boasts over 900 projects , including 157 in DeFi, 313 in digital objects (NFT) and 99 in gaming.
The capitalization of the Solana network is $79 billion, placing the SOL crypto in the top 5 worldwide.
Why buy Solana on Coinhouse?
Secure crypto trading: Coinhouse implements a range of security barriers and processes to ensure that your crypto activities run smoothly. An intuitive interface: Whether you’re a beginner or an expert, the platform’s interface caters for all levels!
With its left-hand menu and Buy, Sell and Trade buttons in the center of the home page, your navigation will be fluid and efficient. Customer service that makes the difference: Coinhouse is the most appreciated crypto platform on the market, with a 4.7/5 rating on TrustPilot.
In particular, users highlight the quality of the French-based customer service. First French player registered with the AMF : The quality and reliability of Coinhouse’s services are attested by the PSAN registration received from the AMF in 2020.
How to buy Solana on Coinhouse?
- Registration: To buy Solana, the first thing to do is open a Coinhouse account.
After entering your email address, you’ll need to click on the link sent by email, then enter your name, address and so on. - Verification: Before allowing you to trade, Coinhouse will verify your identity.
You’ll be asked to take a selfie with an identity document in evidence. - Deposit funds: To buy Solana on Coinhouse, you need to deposit euros on the account.
Deposits can be made by credit card or bank transfer. - Buying SOL: On the home page, you’ll find the “Buy” and “Exchange” buttons.
You can buy Solana using euros deposited in the account or by exchanging USDC stablecoins(buy USDC easily). - Secure storage: To secure your SOLs, you need to transfer them to a wallet.
Coinhouse’s wallet is directly integrated into the platform.
You can deposit your SOL cryptos in just a few clicks. - Staking: Coinhouse lets you stake Solana to earn passive income.
Staking is available by clicking on “Yield” in the left-hand menu.
On Coinhouse, Solana staking yields 4% APY.
To sell Solana on Coinhouse, simply click on the “Sell” button on the home page.
After following the various steps, all you have to do is confirm the sale.
The proceeds of the sale will be transferred to your bank account in less than three working days.
News Solana in 2024
The strong momentum of SOL.
The price of Solana has exploded in recent weeks.
The price of Solana has risen by 80% in the last 90 days. Growing adoption of Solana.
Its high scalability, innovative technology and low transaction costs all contribute to its appeal.
In addition to developers and users, Solana is now attracting many institutional investors and big names in finance.
Solana is making its mark in NFT.
If Solana’s growth is strong in DeFi, it’s also strong in the NFT sector.
Solana is now one of the top 3 NFT blockchains in terms of sales volume, overtaking Ethereum by December 2023. A crypto market in great shape. The crypto year got off to a flying start with the approval of the first Bitcoin spot ETFs.
Since then, the market has gained momentum, buoyed by Bitcoin’s 30% rise in February.
This bullish trend also benefits Solana.
During the last crypto bull run in 2021, the Solana price exploded by 10,000%.
Price Solana (SOL)
€ 205,55-4.4 %
Buy
SOL
Quantity
1.000
1.000 SOL =
€ 205,55
Buy SOL