Learn the facts about Solana before you start. Discuss investment options with others in the Webull community, review market research, and get real-time updates.

• SOLUSD is an open-source blockchain network that utilizes both proof-of-history and proof-of-stake consensus mechanisms to validate transactions. The unique consensus mechanisms support the network's scalability, allowing the network to handle upwards of 50,000 transactions per second. Solana supports smart contracts and has a wide range of use cases, spanning DeFi projects to NFT minting. SOL is the native token of the Solana network and it is used to pay for the Solana network's gas fees.
• Solana was founded in 2017 by Qualcomm alumni Anatoly Yakovenko and Greg Fitzgerald, while SOL tokens began circulating in 2020. The project is based in Switzerland.
• It does not have a maximum supply cap.