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Solana Price (SOL)

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About Solana

Solana is a highly active open-source project that provides decentralised finance (Defi) solutions by banks on blockchain technology. In March 2020, the Solana Foundation started officially with a Headquarters in Geneva, Switzerland, while the idea and initial work on the project began in 2017.

The Solana protocol facilitates the creation of a decentralised application (DApp). It aims to improve scalability by establishing proof of history (PoH) consensus and the proof-of-stake consensus (PoS) underlying the blockchain.

Solana Price INR History

Time Price in INR Change in %
2021-03-31 1408.37 -0.58%
2021-01-01 110.74 -19.15%
2020-12-01 145.43 -14.35%
2020-06-01 43.48 -50.33%

Solana Price History and Analysis

Solana Price in India (SOL Price in INR)

The Solana Foundation has announced the release of a total of 489 million SOL tokens. Roughly 260 million have entered the market at present.

The distribution of the SOL token is the following: Initial seed sales went 16,23%, founding tokens 12,92%, SOL coins were distributed amongst team members 12,79% and Solana Foundation 10,46%. Tokens were distributed to team members 12,79% of the tokens. The rest of the tokes have been published or will still be released for public and private sales.

Solana Price in India (SOL to INR) in 2020

From April to June in the year 2020, the price of Solana remained in the range of 40 to 80 INR where a surge to 132.92 INR happened on 27th July where the price remained in the range of 200 to 250 INR. An all-time high price of 352.09 INR was recorded on 1st September 2020.

Solana Price in India (SOL to INR) in 2021

From January 1 to 31, the price jumped from 110 INR to 308.65 INR. The price dramatically increased to 1000 INR within a month, where an all-time high price was recorded on February 25, where the price is notably 1,263.81 INR.

Solana Features

Scalable

Solana uses proof of history to allow the network to scale up in compliance with the Moore Law and several other breakthrough innovations.

Low Cost

Don't worry about increasing charges when your user base is growing. Solana is designed to maintain low fees with billions of users for applications.

Composable

The single global state of Solana ensures that projects are compositional. Do not deal with multiple shards or systems in layer 2.

Exchange

Price of 1 SOL ~ 600,000 INR
For 100 INR you will get 0.00045 SOL

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