Question 1

What is Solana (SOL)?

Accepted Answer

Solana is a Layer-1 blockchain known for its high transaction speed and low fees. The Solana coin (SOL) is utilized to pay transaction fees, power smart contracts, and support a wide range of dApps, DeFi platforms, and NFT projects within the Solana ecosystem.

Question 2

Who founded Solana?

Accepted Answer

Solana was founded in 2017 by Anatoly Yakovenko and his team. They designed Solana to address scalability issues faced by other blockchains like Ethereum.

Question 3

What is the price of Solana today?

Accepted Answer

The price of Solana today changes in real-time based on global market activity. You can check the latest Solana price in IDR (SOL/IDR) directly on the Mobee app.

Question 4

What is Proof of History in Solana?

Accepted Answer

Proof of History (PoH) is Solana’s unique consensus mechanism that records the sequence of transactions over time. This makes transaction validation faster and more efficient compared to traditional methods.

Question 5

What is the utility of the Solana coin (SOL)?

Accepted Answer

SOL can be used to:
- Pay transaction fees on the Solana network.
- Stake to secure the network and earn rewards.
- Access various DeFi applications, NFT marketplaces, and Web3 projects built on Solana.

Question 6

How do you store Solana coin safely?

Accepted Answer

SOL can be stored in a Solana wallet, either via software wallets, hardware wallets, or exchanges that support SOL/IDR trading. The official Solana wallet also supports staking and dApp interaction.

Question 7

Is Solana a good long-term investment?

Accepted Answer

Solana is one of the leading blockchain projects with fast transactions, low costs, and a growing ecosystem. However, the price of Solana is still volatile, so investors should carefully consider the risks before treating it as a long-term investment.

FAQ