What is Solana max supply?

This issuance is based off the year-to-year inflation rate, and can therefore vary. When SOL fist launched, there was a maximum supply of around 500 million but the blockchain burned (erased from the blockchain) 11 million of them. By December 2021, the maximum supply was around 510 million SOL.

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What is sol coin?

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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Is Solana a good investment 2021?

Solana (SOL) was one of the top-performing cryptocurrencies of 2021 . It started the year in 120th position in terms of market cap and finished in 5th, overtaking heavy hitters like Cardano (ADA) and Polkadot (DOT). Solana is a smart contract cryptocurrency that some believe could rival Ethereum (ETH).

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