What Is Solana (SOL)?

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Table of contents

  1. Empty
  2. What Is Solana?
  3. SOL
  4. Solana’s Consensus Method
  5. What Makes Solana Different From Other Blockchains?
  6. Final Thoughts

Empty

{"blocks":[{"key":"etfmk","text":"More people are becoming interested and involved in the world of cryptocurrency with each passing year. As the number of users grows, a slew of altcoins, or coins that aren't Bitcoin, continue to emerge in the top 20 rankings, each attempting to fill its own niche.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":265,"style":"color-rgb(0,0,0)"},{"offset":0,"length":265,"style":"bgcolor-transparent"},{"offset":0,"length":265,"style":"fontsize-11pt"},{"offset":0,"length":265,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"a7qsa","text":"Solana, one of these altcoins, has seen tremendous growth since its launch. It’s a new high-performance, public blockchain that enables fast, low-cost, and scalable transactions.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":178,"style":"color-rgb(0,0,0)"},{"offset":0,"length":178,"style":"bgcolor-transparent"},{"offset":0,"length":178,"style":"fontsize-11pt"},{"offset":0,"length":178,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"2stmt","text":"In this article, we’ll dive deep into what Solana is, its native cryptocurrency SOL, and its consensus method. We also go over how Solana differs from other blockchains, so be sure to stick around!","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":197,"style":"color-rgb(0,0,0)"},{"offset":0,"length":197,"style":"bgcolor-transparent"},{"offset":0,"length":197,"style":"fontsize-11pt"},{"offset":0,"length":197,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}}],"entityMap":{}}

What Is Solana?

{"blocks":[{"key":"a284g","text":"Solana is a public, open-source third-generation Proof of Stake blockchain with smart contract capabilities, including non-fungible tokens (NFTs) and decentralized finance decentralized applications.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":199,"style":"color-rgb(0,0,0)"},{"offset":0,"length":199,"style":"bgcolor-transparent"},{"offset":0,"length":199,"style":"fontsize-11pt"},{"offset":0,"length":199,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"f1csi","text":"Solana was founded in 2017 by Solana Labs' Anatoly Yakovenko and current Solana board member and COO Raj Gokal. Their mission was to create a new blockchain paradigm that would allow for faster processing speeds.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":212,"style":"color-rgb(0,0,0)"},{"offset":0,"length":212,"style":"bgcolor-transparent"},{"offset":0,"length":212,"style":"fontsize-11pt"},{"offset":0,"length":212,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"dc181","text":"Around the time Solana was created, most blockchain speeds were limited to around 15 transactions per second (TPS).","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":115,"style":"color-rgb(0,0,0)"},{"offset":0,"length":115,"style":"bgcolor-transparent"},{"offset":0,"length":115,"style":"fontsize-11pt"},{"offset":0,"length":115,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"ftir9","text":"To exponentially increase this number, the Solana creators developed a blockchain that manages and tracks the currency while verifying and recording every single transaction, similar to a long-running receipt.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":209,"style":"color-rgb(0,0,0)"},{"offset":0,"length":209,"style":"bgcolor-transparent"},{"offset":0,"length":209,"style":"fontsize-11pt"},{"offset":0,"length":209,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"8scn1","text":"Solana now claims to be able to process 65,000 TPS with near-zero fees.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":71,"style":"color-rgb(0,0,0)"},{"offset":0,"length":71,"style":"bgcolor-transparent"},{"offset":0,"length":71,"style":"fontsize-11pt"},{"offset":0,"length":71,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"75m5g","text":"Solana, like almost any other blockchain, isn’t without controversy. Skeptics argue that the blockchain's phenomenal transaction speed comes at the expense of its decentralization.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":180,"style":"color-rgb(0,0,0)"},{"offset":0,"length":180,"style":"bgcolor-transparent"},{"offset":0,"length":180,"style":"fontsize-11pt"},{"offset":0,"length":180,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}}],"entityMap":{}}

SOL

{"blocks":[{"key":"e72bc","text":"SOL is Solana’s native cryptocurrency. At the moment, there are over 315 million SOL coins in circulation with an unlimited supply.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":131,"style":"color-rgb(0,0,0)"},{"offset":0,"length":131,"style":"bgcolor-transparent"},{"offset":0,"length":131,"style":"fontsize-11pt"},{"offset":0,"length":131,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"6q1rk","text":"This token has two uses:","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":24,"style":"color-rgb(0,0,0)"},{"offset":0,"length":24,"style":"bgcolor-transparent"},{"offset":0,"length":24,"style":"fontsize-11pt"},{"offset":0,"length":24,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"21itl","text":"SOL holders can stake their tokens and receive rewards","type":"unordered-list-item","depth":0,"inlineStyleRanges":[{"offset":0,"length":54,"style":"color-rgb(0,0,0)"},{"offset":0,"length":54,"style":"bgcolor-transparent"},{"offset":0,"length":54,"style":"fontsize-11pt"},{"offset":0,"length":54,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"1vdom","text":"Users use SOL as payment for smart contracts and other transactions.","type":"unordered-list-item","depth":0,"inlineStyleRanges":[{"offset":0,"length":68,"style":"color-rgb(0,0,0)"},{"offset":0,"length":68,"style":"bgcolor-transparent"},{"offset":0,"length":68,"style":"fontsize-11pt"},{"offset":0,"length":68,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}}],"entityMap":{}}

Solana’s Consensus Method

{"blocks":[{"key":"8gqbh","text":"Scalability and speed have been a problem for many cryptocurrencies and blockchains since almost their inception. With so many transactions taking place every second, time becomes a critical factor in maximizing efficiency.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":223,"style":"color-rgb(0,0,0)"},{"offset":0,"length":223,"style":"bgcolor-transparent"},{"offset":0,"length":223,"style":"fontsize-11pt"},{"offset":0,"length":223,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"blr2d","text":"Many blockchains, however, end up taking a long time to verify and add new transactions to provide optimal decentralized security to users.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":139,"style":"color-rgb(0,0,0)"},{"offset":0,"length":139,"style":"bgcolor-transparent"},{"offset":0,"length":139,"style":"fontsize-11pt"},{"offset":0,"length":139,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"an4ld","text":"The more users and transactions there are on the network, the slower it becomes as it tries to maintain its security and decentralization.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":138,"style":"color-rgb(0,0,0)"},{"offset":0,"length":138,"style":"bgcolor-transparent"},{"offset":0,"length":138,"style":"fontsize-11pt"},{"offset":0,"length":138,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"114ie","text":"As a result, Solana uses a hybrid system of Proof of Stake (PoS) and an algorithm called Proof of History (PoH).","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":112,"style":"color-rgb(0,0,0)"},{"offset":0,"length":112,"style":"bgcolor-transparent"},{"offset":0,"length":112,"style":"fontsize-11pt"},{"offset":0,"length":112,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"mdep","text":"Proof of History","type":"header-three","depth":0,"inlineStyleRanges":[{"offset":0,"length":16,"style":"color-rgb(67,67,67)"},{"offset":0,"length":16,"style":"bgcolor-transparent"},{"offset":0,"length":16,"style":"fontsize-14pt"},{"offset":0,"length":16,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"3prmc","text":"Proof of History is a computation sequence that uses cryptography to verify the passage of time between two events.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":115,"style":"color-rgb(0,0,0)"},{"offset":0,"length":115,"style":"bgcolor-transparent"},{"offset":0,"length":115,"style":"fontsize-11pt"},{"offset":0,"length":115,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"dctql","text":"It essentially means that the algorithm gets to keep historical records of events or transactions, allowing the system to easily track transactions and keep track of the event order.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":182,"style":"color-rgb(0,0,0)"},{"offset":0,"length":182,"style":"bgcolor-transparent"},{"offset":0,"length":182,"style":"fontsize-11pt"},{"offset":0,"length":182,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"a2l5m","text":"How Solana’s PoS and PoH Mechanism Work","type":"header-three","depth":0,"inlineStyleRanges":[{"offset":0,"length":39,"style":"color-rgb(67,67,67)"},{"offset":0,"length":39,"style":"bgcolor-transparent"},{"offset":0,"length":39,"style":"fontsize-14pt"},{"offset":0,"length":39,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"737rk","text":"Solana’s blockchain is broken into slots of time where a node or validator continues a count of the passage of time. It begins with a node taking input and producing the next transaction block.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":193,"style":"color-rgb(0,0,0)"},{"offset":0,"length":193,"style":"bgcolor-transparent"},{"offset":0,"length":193,"style":"fontsize-11pt"},{"offset":0,"length":193,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"ck00a","text":"Then, the second node takes the block and uses it as input for the next slot. This sequence is typically called a hash function.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":128,"style":"color-rgb(0,0,0)"},{"offset":0,"length":128,"style":"bgcolor-transparent"},{"offset":0,"length":128,"style":"fontsize-11pt"},{"offset":0,"length":128,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"5t94v","text":"It generates distinct transaction sequences without the use of a traditional timestamp. It also takes a certain limit, so validators can easily see how much time has passed.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":173,"style":"color-rgb(0,0,0)"},{"offset":0,"length":173,"style":"bgcolor-transparent"},{"offset":0,"length":173,"style":"fontsize-11pt"},{"offset":0,"length":173,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"9qrvu","text":"Through the PoS mechanism, leaders of each slot are chosen ahead, which saves time. Solana's use of this system in tandem with the PoS allows for near-instantaneous completion of thousands of TPS.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":196,"style":"color-rgb(0,0,0)"},{"offset":0,"length":196,"style":"bgcolor-transparent"},{"offset":0,"length":196,"style":"fontsize-11pt"},{"offset":0,"length":196,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"9mah4","text":"Benefits of PoS and PoH Hybrid","type":"header-three","depth":0,"inlineStyleRanges":[{"offset":0,"length":30,"style":"color-rgb(67,67,67)"},{"offset":0,"length":30,"style":"bgcolor-transparent"},{"offset":0,"length":30,"style":"fontsize-14pt"},{"offset":0,"length":30,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"d33nh","text":"Solana’s surge in popularity is due to a number of factors, including:","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":70,"style":"color-rgb(0,0,0)"},{"offset":0,"length":70,"style":"bgcolor-transparent"},{"offset":0,"length":70,"style":"fontsize-11pt"},{"offset":0,"length":70,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"381ps","text":"Fast Transactions and Low Fees","type":"header-four","depth":0,"inlineStyleRanges":[{"offset":0,"length":30,"style":"color-rgb(102,102,102)"},{"offset":0,"length":30,"style":"bgcolor-transparent"},{"offset":0,"length":30,"style":"fontsize-12pt"},{"offset":0,"length":30,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"c0laq","text":"Solana's system is capable of handling up to 65,000 TPS. Given that Ethereum can currently only process 14 TPS, this number of TPS is enormous.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":143,"style":"color-rgb(0,0,0)"},{"offset":0,"length":143,"style":"bgcolor-transparent"},{"offset":0,"length":143,"style":"fontsize-11pt"},{"offset":0,"length":143,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"52rjl","text":"What’s more, Solana is Proof of Stake, and its transaction fees are usually less than one cent, making it less expensive than PoW consensus.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":140,"style":"color-rgb(0,0,0)"},{"offset":0,"length":140,"style":"bgcolor-transparent"},{"offset":0,"length":140,"style":"fontsize-11pt"},{"offset":0,"length":140,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"1sdc7","text":"Minimal Environmental Impact","type":"header-four","depth":0,"inlineStyleRanges":[{"offset":0,"length":28,"style":"color-rgb(102,102,102)"},{"offset":0,"length":28,"style":"bgcolor-transparent"},{"offset":0,"length":28,"style":"fontsize-12pt"},{"offset":0,"length":28,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"bgfij","text":"Many of the earlier cryptocurrency generations have a significant negative impact on the environment.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":101,"style":"color-rgb(0,0,0)"},{"offset":0,"length":101,"style":"bgcolor-transparent"},{"offset":0,"length":101,"style":"fontsize-11pt"},{"offset":0,"length":101,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"5agit","text":"That’s why those who are concerned about climate change go for greener alternatives, such as Solana.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":100,"style":"color-rgb(0,0,0)"},{"offset":0,"length":100,"style":"bgcolor-transparent"},{"offset":0,"length":100,"style":"fontsize-11pt"},{"offset":0,"length":100,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"eaddv","text":"Solana's PoS and PoH consensus mechanisms eliminate the need for miners, which, in turn, eliminates the need for excessive computing power.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":139,"style":"color-rgb(0,0,0)"},{"offset":0,"length":139,"style":"bgcolor-transparent"},{"offset":0,"length":139,"style":"fontsize-11pt"},{"offset":0,"length":139,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"6dasv","text":"Disadvantages of PoS and PoH Hybrid","type":"header-three","depth":0,"inlineStyleRanges":[{"offset":0,"length":35,"style":"color-rgb(67,67,67)"},{"offset":0,"length":35,"style":"bgcolor-transparent"},{"offset":0,"length":35,"style":"fontsize-14pt"},{"offset":0,"length":35,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"e2lp4","text":"While Solana has one of the fastest transactions and lowest fees, it still has its downsides.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":93,"style":"color-rgb(0,0,0)"},{"offset":0,"length":93,"style":"bgcolor-transparent"},{"offset":0,"length":93,"style":"fontsize-11pt"},{"offset":0,"length":93,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"6od8d","text":"Not Fully Decentralized","type":"header-four","depth":0,"inlineStyleRanges":[{"offset":0,"length":23,"style":"color-rgb(102,102,102)"},{"offset":0,"length":23,"style":"bgcolor-transparent"},{"offset":0,"length":23,"style":"fontsize-12pt"},{"offset":0,"length":23,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"ckfig","text":"The general rule is that the more validators a network has, the more secure it becomes. Solana currently only has 1,000 validators, whereas Ethereum has 200,000.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":161,"style":"color-rgb(0,0,0)"},{"offset":0,"length":161,"style":"bgcolor-transparent"},{"offset":0,"length":161,"style":"fontsize-11pt"},{"offset":0,"length":161,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"3rv6l","text":"However, because the blockchain is still relatively new, we can expect the number of validators to grow over time.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":114,"style":"color-rgb(0,0,0)"},{"offset":0,"length":114,"style":"bgcolor-transparent"},{"offset":0,"length":114,"style":"fontsize-11pt"},{"offset":0,"length":114,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"54ikl","text":"Not Enough Projects","type":"header-four","depth":0,"inlineStyleRanges":[{"offset":0,"length":19,"style":"color-rgb(102,102,102)"},{"offset":0,"length":19,"style":"bgcolor-transparent"},{"offset":0,"length":19,"style":"fontsize-12pt"},{"offset":0,"length":19,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"alahp","text":"One of the main reasons for Solana's rise is that it’s a popular alternative to Ethereum. Yet, according to the State of the dApps website, Ethereum has the lion’s share of dApps, with over 2,000 active projects.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":212,"style":"color-rgb(0,0,0)"},{"offset":0,"length":212,"style":"bgcolor-transparent"},{"offset":0,"length":212,"style":"fontsize-11pt"},{"offset":0,"length":212,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"c4suk","text":"Solana, on the other hand, claims to have over 350 projects on its network. This total amounts for just a little over 10% of Ethereum’s projects","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":144,"style":"color-rgb(0,0,0)"},{"offset":0,"length":144,"style":"bgcolor-transparent"},{"offset":0,"length":144,"style":"fontsize-11pt"},{"offset":0,"length":144,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"fgeu1","text":"Still, it’s worth mentioning that Solana is still in its early stages, yet it has made rapid progress in a short time. As word spreads about the blockchain's low transaction fees and fast speed, it’s likely to attract more projects, putting it on par with Ethereum.\n","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":265,"style":"color-rgb(0,0,0)"},{"offset":0,"length":265,"style":"bgcolor-transparent"},{"offset":0,"length":265,"style":"fontsize-11pt"},{"offset":0,"length":265,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}}],"entityMap":{}}

What Makes Solana Different From Other Blockchains?

{"blocks":[{"key":"e83nv","text":"The biggest difference between Solana and other blockchains is its consensus method. Many of the top blockchains use either PoW or PoS. Solana, however, uses a combination of PoS and its unique algorithm PoH, making it one of the fastest blockchains in the industry.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":266,"style":"color-rgb(0,0,0)"},{"offset":0,"length":266,"style":"bgcolor-transparent"},{"offset":0,"length":266,"style":"fontsize-11pt"},{"offset":0,"length":266,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"67bng","text":"Still, Solana remains part of the volatile world of cryptocurrency, so you need to tread with caution if you consider investing in the blockchain.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":146,"style":"color-rgb(0,0,0)"},{"offset":0,"length":146,"style":"bgcolor-transparent"},{"offset":0,"length":146,"style":"fontsize-11pt"},{"offset":0,"length":146,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"ag9s","text":"What’s more, you should only invest money that you can afford to lose. It's best to keep your cryptocurrency investments to no more than 5% to 10% of your total income.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":168,"style":"color-rgb(0,0,0)"},{"offset":0,"length":168,"style":"bgcolor-transparent"},{"offset":0,"length":168,"style":"fontsize-11pt"},{"offset":0,"length":168,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}}],"entityMap":{}}

Final Thoughts

{"blocks":[{"key":"2pikm","text":"Solana, like other newer cryptocurrencies, aims to address the various issues that previous blockchains experience.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":115,"style":"color-rgb(0,0,0)"},{"offset":0,"length":115,"style":"bgcolor-transparent"},{"offset":0,"length":115,"style":"fontsize-11pt"},{"offset":0,"length":115,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"7uhqc","text":"It employs a hybrid consensus algorithm that makes transaction verification much more efficient and faster. This unique structure makes the blockchain a strong competitor to larger cryptocurrencies such as Bitcoin and Ethereum.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":227,"style":"color-rgb(0,0,0)"},{"offset":0,"length":227,"style":"bgcolor-transparent"},{"offset":0,"length":227,"style":"fontsize-11pt"},{"offset":0,"length":227,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"atcge","text":"That said, it’s essential to understand the risks of investing in any kind of cryptocurrency. It's critical to understand the risks of investing in any type of cryptocurrency. The crypto market is not only speculative, but it’s also rarely backed by assets or cash flow.","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":270,"style":"color-rgb(0,0,0)"},{"offset":0,"length":270,"style":"bgcolor-transparent"},{"offset":0,"length":270,"style":"fontsize-11pt"},{"offset":0,"length":270,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}},{"key":"bpeuk","text":"One piece of sound advice is to assess Solana's gains and losses before developing a long-term strategy with an eye toward the future. ","type":"unstyled","depth":0,"inlineStyleRanges":[{"offset":0,"length":135,"style":"color-rgb(0,0,0)"},{"offset":0,"length":135,"style":"bgcolor-transparent"},{"offset":0,"length":135,"style":"fontsize-11pt"},{"offset":0,"length":135,"style":"fontfamily-Arial"}],"entityRanges":[],"data":{}}],"entityMap":{}}