Networks
A single fast chain built for cheap, high volume activity. Solana bet that one very fast chain beats many slow ones. Fees are fractions of a cent, which changes what kinds of apps make sense.
Live market data
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What Solana is for
Solana bet that one very fast chain beats many slow ones. Fees are fractions of a cent, which changes what kinds of apps make sense.
Technical summary
| Property | Value |
|---|---|
| Layer | Layer 1 |
| Launched | 2020 |
| Consensus | Proof of stake with proof of history |
| Throughput | Thousands |
| Finality | Under 13 seconds |
| Native token | SOL pays fees, is staked, and pays rent for account storage |
Block explorers
An explorer lets you verify any transaction, address or contract on this network yourself. Learning to read one is the fastest way to stop taking anyone's word for anything.
Wallets that support it
What to be aware of
- Validator concentration varies widely between layer 1s and is worth checking rather than assuming.
- Newer chains have shorter track records under real adversarial pressure.
- Crypto assets are volatile. Drawdowns of seventy percent or more have happened on every network in this list, including the largest.
- Sending to an address on the wrong network can lose funds permanently. Always send a small test amount first.
Nothing on this page is investment advice. We describe how networks work, not whether you should buy anything.
Where to go next
New to Solana?
We can get you set up with the right wallet, funded, and through a first transaction on this network in about an hour, on a screen share.