Welcome to the 60-second Crypto Gem by KuCoin. Today, we will be talking about Solana and its native token, SOL. Solana is a web-scale blockchain that provides fast, secure, and scalable Dapps and marketplaces. It was founded by Anatoly Yakovenko, who has previous experience at Dropbox as a software engineer. Since Solana created a highly efficient scalability solution to deal with traditional throughput problems, it has become a great choice for corporate adoption. So far Sonala has partnered with Circle, VISA, and Digital Assets AG, which offers tokenized stocks on Solana, with shares of Facebook, Google, Tesla, Netflix, and Nvidia. Solana is also expected to be the next big protocol to run central limit order books on-chain, which could put Visa and Nasdaq under threat. SOL, the native token, can be passed to nodes in a Solana cluster in exchange for running programs and validating output.
Trade SOL on KuCoin: https://trade.kucoin.com/SOL-USDT
Read more about Solana (SOL): https://www.kucoin.com/blog/en_US/what-is-sol-and-how-does-it-work