Solana
Blockchains
Lightning-Fast Blockchain, Limitless Possibilities.
Founders
Anatoly Yakovenko (Co-Founder & CEO)
Raj Gokal (Co-Founder & COO)
Greg Fitzgerald (Co-Founder & CTO)
Stephen Akridge (Co-Founder)
Eric Williams (Co-Founder & Chief Scientist)
Launch Date
Key Investors
Multicoin Capital
Slow Ventures
RockawayX
BlockTower Capital
About
Solana is a high-performance blockchain platform designed for mass adoption, offering lightning-fast transactions (400ms block times) with ultra-low fees ($0.00064 median). This energy-efficient, proof-of-stake network processes thousands of transactions per second while maintaining decentralization through thousands of independent validators. With 29.7M accounts and 340M+ NFTs minted, Solana powers diverse applications across payments, gaming, NFTs, and DeFi, supported by a thriving global community of developers and institutions like Franklin Templeton.
340M+
NFTs Minted
29M
Fee Paying Accounts
Use Cases
- Decentralized Payment Processing - Businesses can implement Solana Pay to process cryptocurrency payments with near-instant settlement, transaction fees under $0.01, and USDC integration for stable-value transactions.
- Blockchain-Based Loyalty Programs - Retailers can create token-based loyalty systems like Boba Guys' Passport program, increasing customer retention with verifiable digital rewards that users truly own.
- Real Estate Tokenization - Property developers can tokenize real estate assets on Solana's energy-efficient blockchain, enabling fractional ownership and increasing liquidity in property markets.
- High-Performance DeFi Applications - Financial institutions can build decentralized finance applications leveraging Solana's 400ms block times and throughput of thousands of transactions per second.
Solana's Technical Capabilities
- Speed: Solana has fast block times of 400 milliseconds
- Scalability: Solana is made to handle thousands of transactions per second
- Low Fees: Fees for both developers and users remain less than $0.0025
- Decentralization: The Solana network is validated by thousands of nodes
- Energy Efficiency: Solana's proof of stake network minimizes its impact on the environment
Solana's Ecosystem and Adoption
- Developer Growth: Solana is the fastest-growing ecosystem for new builders
- DEX Transactions: 81% of all DEX transactions come from the Solana ecosystem
- Fee Paying Accounts: Solana has 29.7 million fee-paying accounts
- NFT Minting: Over 340 million NFTs have been minted
- Validator Nodes: The network has 1,316 validator nodes
Trusted by
Circle, Discord, Google, Jump, Magic Eden, Meta, Shopify, Stripe, XPXP, Boba Guys, Homebase, Hivemapper
