Is Solana a decentralized?

Solana is one of the world’s most popular cryptos, but many believe it isn’t decentralized like Bitcoin or Ethereum. So, what’s the deal? Bitcoin set the standard for a decentralized blockchain asset, designed to tackle the centralized monetary policies of the Federal Reserve.

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What is Solana coin used for?

Solana is a public, open-source blockchain that supports smart contracts, including non-fungible tokens (NFTs) and a variety of decentralized applications (dApps). Native to Solana’s blockchain is the SOL token which provides network security through staking as well as a means of transferring value .

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What exchanges are on Solana?

Solana (SOL) exchanges ExchangesSOL price24h trade volume1 Binance$ 85.73$ 322.99 million2 Coinbase Pro$ 85.61$ 118.03 million3 FTX$ 85.53$ 98.76 million4 Kraken$ 85.83$ 57.84 millionSolana (SOL) Exchanges List & Rates | Coinranking coinranking.com › coin › zNZHO_Sjf+solana-sol › exchanges

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