The live Solana price today is $166.24 with a 24-hour trading volume of $1.47 billion. Solana is down 1.78% in the last 24 hours. Its price is about to explode according to analysts. If you are attracted to unique features and want to learn how and where to buy Solana, this guide is for you.
Top places to buy Solana now
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What is Solana?
Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain. Because of the innovative hybrid consensus model, Solana enjoys interest from small-time traders and institutional traders alike.
Should I buy Solana today?
Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never take any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.
Solana price prediction
According to FX Street, more than 76% of Solana’s tokens are staked, reducing the circulating supply of SOL across exchanges. While it is currently in a downtrend, the analysts are bullish on Solana, predicting that the price could go up to $200 pending a massive rally.
Solana on social media
Invariant in nutshell ⤵️ pic.twitter.com/JzYY94pP5p
— Invariant (@invariant_labs) December 10, 2021