Solana’s market price increased significantly in November

Solana’s market price increased significantly in November. The chart above shows Solana’s monthly adjusted opening price from January until December 2021. While the price of a SOL in January 2021 was about $1.51, the price in the beginning of December was $208.39. The all-time high was reached on November 06, 2021 ($260.06).

What is Solana?

Solana describes itself as a decentralized blockchain built to enable scalable, user-friendly apps for the world. Solana was founded in 2017 and is an open-source project that is run by the Solana Foundation, based in Geneva (See also: Solana History Documentation). The Solana blockchain is designed to be much faster in terms of the number of transactions it can process compared to other networks such as Bitcoin or Ethereum.

The Solana (SOL) cryptocurrency, which runs on the Solana blockchain and has grown by almost 12,000% in 2021, and is currently the fifth largest cryptocurrency with a market cap of over $60 billion (December 2021).

How to I buy Solana (SOL)?

You can buy Solana (SOL) and other cryptocurrencies on so-called cryptocurrency exchange platforms, like Binance, Kraken or Coinbase.

Table & Chart Data

Source

Survey/Poll by

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Region

Worldwide

Release date

December 2021

Survey time period

January 1 to December 1, 2021

Additional Notes

Last updated December 07, 2021.

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