Solana (SOL) is a rapidly moving cryptocurrency and a potential alternative to Ethereum. Here’s where to buy it today.
Top places to buy SOL now
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What is SOL?
Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. There are several projects running on its network. One of its main selling points is the transaction speed. It can process around 50,000 transactions per second (TPS). In comparison, Ethereum processes between 15 and 45 TPS.
Should I buy SOL today?
Solana’s price can be volatile. You must be prepared for it to go down or up. Don’t invest more than you can afford to lose.
SOL price prediction
After a strong breakout from the $216 resistance barrier, a slight downswing will likely prepare the start for an 88% upswing for Solana. If it drops below the $200 psychological barrier, it will invalidate the bullish thesis.
SOL on social media
— Solana Breakpoint 2021 (@SolanaConf) November 8, 2021