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Solana

< 1 min read

What is Solana? #

“Solana is a high-performance blockchain supporting builders around the world creating crypto apps that scale today.” #

Cost To StakeAPR 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​

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