Solana (SOL)
Risk: HighAn ultra-fast Layer-1 blockchain with low fees.
Layer-1 / High performance · launched 2020 · market cap #5
What is Solana (SOL)?
Solana (SOL) is a high-performance Layer-1 blockchain known for its speed and low fees — up to 65,000 transactions per second and fees below $0.001. Solana was created in 2020 by Anatoly Yakovenko and uses a unique Proof of History mechanism together with Proof of Stake.
Solana has grown into one of the largest DeFi and NFT ecosystems after Ethereum. Popular protocols such as Jupiter, Raydium and Marinade run on the platform. SOL is used to pay transaction fees and for staking (~7% APY).
Solana key facts
Solana use cases
Fast and cheap payments
Transactions confirm in a fraction of a second and fees are practically non-existent — ideal for micropayments.
DeFi and DEX
Jupiter, Raydium and Orca offer fast decentralised trading with low fees.
Staking
SOL staking yields ~7% APY — one of the highest among large-cap coins.
How to buy Solana (SOL) in Estonia
Buying Solana in Estonia is easy on a MiCA-licensed exchange: register, complete KYC, make a SEPA deposit in euros and buy SOL. Best platforms:
SOL/EUR pair, low fees, SOL staking ~7% in Earn.
High liquidity, many SOL pairs.
Built-in Web3 wallet for Solana DeFi.
See also our how to buy crypto guide and exchange comparison.
Solana risks
- • High volatility — SOL has fallen 90%+ in a bear market (2022).
- • Network outages — Solana has had several downtime incidents in its history.
- • Competition from other fast Layer-1s (Sui, Aptos).
Crypto investing carries high risk. This is not financial advice — only invest what you can afford to lose.
Other cryptocurrencies
Buy Solana (SOL)
Bybit — MiCA-licensed, SEPA in euros, low fees.
Buy SOLAffiliate link. Commission does not increase your costs.
