Solana was in the news this week after OpenSea revealed an integration with the leading ecosystem, which is an important player in the NFT industry. Since the announcement, Solana added over 8% to its value.
Its price retreated slightly in Asian hours. At press time, it was worth almost $123, its highest point since early February.
If you want to know more about Solana, if it can give you good returns, and the top places to buy Solana, you’ve come to the right place.
Top places to buy Solana now
eToro is one of the world's leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It's social copy trading features make it a great choice for those getting started.
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
What is Solana?
Solana is a 3G blockchain that supports the development of smart contracts, dApps, and other DeFi solutions. It is different from other blockchains because it uses a hybrid consensus algorithm that combines proof of stake with proof of history.
This allows the ecosystem to process up to 50k transactions per second. The open source network uses several hundred nodes, which allow far greater efficiency than most existing models.
Due to the composability of the Ethereum Mainnet, it still hosts a myriad of dApps. Many of them are finding Solana a better alternative because it’s faster and less expensive.
Should I buy Solana today?
Solana can be a lucrative investment, but take the time to read at least several price predictions from leading analysts and do market research before making a commitment. Take all investment advice with a grain of salt.
Solana price prediction
According to FX Street, Solana’s native crypto SOL could trigger another run-up to $136 after a slight dip. However, the bull run will end with a daily candlestick slightly below $78.
Solana on social media
Hello eversolers! Come join our high performance stake pool, while supporting the decentralization of #Solana. Delegate tokens to the stake pool like you usually do with one validator and achieve the best staking conditions.
— Eversol (@eversol_pool) March 30, 2022