Rise and fall of the sun: how much does it cost that day?

Solana is one of the cryptocurrencies that has gained the most importance in recent years in the digital currency market, so it is important to know your movements within this unregulated market.

Created in 2017 by Anatoly Yakovenko It has a unique Proof-of-Stake consensus mechanism, which solana says improves its scalability without sacrificing decentralization and security. To maintain a set level of inflation each year, it burns 50% of your used cryptocurrency in each fee.

Solana also has a high transaction throughput and short processing time so much so that it manages to perform 50,000 transactions per second, this is achieved by linearly processing transactions to create a verifiable order of all network activity.

This cryptocurrency claims to guarantee low transaction costsless than $0.01 for developers and users, thanks to its scalability.

Solana Award

The value of solana cryptocurrency for today at 3:55 p.m. (UTC time) is $21.43 per share.

This means that the digital currency had a variation of 2.92% over the last 24 hours as well as a variation of -0.28% in the last 60 minutes .

Cryptocurrencies appeared in 2008 as an alternative to the devaluation of various currencies following the economic crisis of that year.

The first digital asset created was the bitcoins and over time others have emerged like litecoin, ethereum, bitcoin, cash, ripple, dogecoinsome of the most popular.

Cryptocurrencies work through a cryptographic encryption that guarantees the security of transactions, as well as the control of the creation of your units .

To make transactions, cryptocurrencies use a decentralized database, blockchain or shared ledger.

The latter has made cryptocurrencies frowned upon by the formal market, accusing them of being unreliable, volatile, promoting fraud, not having a legal framework that supports their users, allowing the exploitation of illegal activities, among others.

Yet, little by little the passage has opened up to such an extent that companies, millionaires and even states have encouraged or legalized its use.

One of the world’s richest men, Elon Musk, has made comments in favor of virtual currencies such as bitcoin and dogecoin, temporarily allowing their use by electric car company Tesla, causing their value to rise.

In The Savior, President Nayib Bukele legalized bitcoin, being the first country to do so. In the case of Mexicoone of the richest businessmen in the country, Ricardo Salinas Pliego, has made public his intention to accept cryptocurrencies in his companies, one of his main ones – the Elektra store – already does so.

For his part, the President of Argentina, Alberto Fernández, suggested using its use to fight inflation. Even in Peruthe Central Reserve Bank has warned that it is working on its own digital currency project.