Table of Contents
What is Solana? #
“Solana is a high-performance blockchain supporting builders around the world creating crypto apps that scale today.” #
Cost To Stake | APR Per Node |
$27k | 5.89%+ |
Profile #
- Launched in 2020
- Current Market Cap: $18,694,044,183
- Started as high-speed, low-cost alternative to Ethereum
- Currently has 1044 validator nodes staking
- Requires 402 SOL to stake a node (No max limit to staking)
- Staking produces 5.89% APR returns on SOL staked
- Natively supports delegated staking
- Destaking/Unbonding: 2 days to unstake
- Slashing/Penalties: Malicious activity removes some coins from circulation
- Supports Smart Contracts and NFTs
Node Requirements #
Looking to roll your own node? Here is what’s required. #
- 24 vCPU cores
- 128 GB RAM
- 500 GB SSD
- 1TB HDD
- 300 Mbps Up/Down
5 Year Outlook #
Based on our research at StaaS Fund, here are the long term expectations for this asset. #
- Cost to create/buy/sell NFTs is industry leading
- Second most popular smart contract and NFT platform rapidly growing
- Adoption will increase significantly