Solana is a highly functional open source that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva.

Solana is a highly functional open-source blockchain platform that offers decentralized finance (DeFi) solutions for banks, leveraging the permissionless nature of blockchain technology. 
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