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DIBU
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Market value The value of Solana tokens has fluctuated greatly since the system's inception. The market capitalization of the Solana blockchain surpassed $63 billion in September 2021,[17] and reached $74 billion in early November 2021, having risen by nearly 12,000% that year to a price of $259.96.[2] The blockchain's popularity at this time was due in part to interest in NFTs.
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MAL
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GM Everybody.
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Lava
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History Solana was first opened to the public in March 2020,[2] with its first block being created on 16 March 2020.[5][independent source needed] The Solana blockchain was designed to support smart contracts and decentralized apps in particular.[2][6] Large numbers of simultaneous transactions have contributed to several outages of the Solana blockchain.
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Solana was launched in 2020 by Solana Labs, which was founded by Anatoly Yakovenko and Raj Gokal in 2018. The blockchain has experienced several major outages, was subjected to a hack, and a class action lawsuit was filed alleging that Solana sells unregistered securities, and misled investors about the number of tokens. The SEC has also filed a lawsuit against a cryptocurrency exchange alleging that Solana should be regulated as a security.
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Solana is a blockchain platform which uses a proof-of-stake mechanism to provide smart contract functionality. Its native cryptocurrency is SOL.
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GM
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Further reading Chayka, Kyle (2 July 2013). "What Comes After Bitcoin?". Pacific Standard. Retrieved 18 January 2014. Guadamuz, Andres; Marsden, Chris (2015). "Blockchains and Bitcoin: Regulatory responses to cryptocurrencies" (PDF). First Monday. 20 (12). doi:10.5210/fm.v20i12.6198. S2CID 811921. Haynie, Dana L.; Duxbury, Scott W. (2024). "Online Illegal Cryptomarkets". Annual Review of Sociology.
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