THE NETWORK BEHIND GREEN CANDLES SOLANA Solana is a blockchain designed for cryptocurrencies, smart contracts, and Dapps. It is known for its speed, cost-effectiveness, and scalability. With a capacity of 65,000 transactions per second (TPS), it surpasses Bitcoin's 7 TPS and Ethereum's 30 TPS. TEAM BEHIND SOLANA Solana was founded by Anatoly Yakovenko in 2017 and officially launched on mainnet in March 2020. The Solana Foundation is located in Switzerland, while Solana Labs, headquartered in San Francisco, developed the blockchain. Influenced by his experience at Qualcomm, Yakovenko designed Solana with a long-term vision. The Solana team comprises professionals from Qualcomm, Google, Apple, Microsoft, and Dropbox. STANDOUT FEATURES SOLANA’S Solana features Proof of History (POH) within its Proof of Stake consensus. POH timestamps transactions upon block addition. It creates a new block every 400ms—much faster than Ethereum (30 seconds) and Bitcoin (1O minutes). It provides users with the advanta e of Iow transaction fees, less than $0.00025. Solana ditches the mempool system, employing "Gulf Stream" to forward transactions to validators promptly. Gulf Stream enhances confirmation speed and enables concurrent, parallel handling of more transactions. Firedancer, an upcoming independent validator client for Solana, aims to enhance performance and scalability. TOKENOMICS $SOL is the native cryptocurrency of the Solana network. It is used for trading, P2P payments, and staking incentives. This data was taken during the second week of November. Current Price: $58 Market Cap: $24.6B Total Supply: 562M SOL Circulating Supply: 422M SOL Fully Diluted Market Cap: $32.8B $SOL PRICE ANALYSIS 2020 Launch: $SOL experiences volatility post-launch in 2020. July 2021: Initiates an impressive bull run, reaching $30. August 2021: Launch of Degenerate Ape Academ on Solana Marketplace drives SOL to $55. November 2021: Achieves an all-time high of $258. November 2022: FTX collapse causes a drop to a Iow of $8. Slow recovery since November 2022. November 2023: Significant gains, currently trading at $58. IS SOLANA A GOOD INVESTMENT? Solana has faced disruptions in network operations, resulting in temporary halts. Due to the outages, many projects departed from Solana, causing a decline in its value. However, Solana is now on a recovery path and has become a preferred choice for numerous NFT proJects due to its Iow fees and high speed. It boasts 11.5 million active accounts and nearly 22 million minted NFTs. It boasts 11.5 million active accounts and nearly 22 million minted NFTs. The emission schedule raises concerns as the supply is set to increase by approximately 43% over the next five years. REMEMBER Crypto investments demand thorough research and carry market volatility and uncertainties.