XREX listed Solana (SOL) on 8 April 2022. This further diversifies the list of tokens and coins that users can buy, sell, convert, and trade on the XREX platform. We are glad to offer more investment options to our users after detailed analysis conducted by our security and risk management teams. Factors taken into consideration include (but not limited to) tokenomics, utility, developer team, roadmap, potential, and liquidity.

In this article, we've prepared some basic information about one of our listed cryptocurrency on the XREX crypto-fiat exchange – SOL.

Basic information:

Coin name: Solana (SOL)

Issuer: Solana Labs

Supply: Total supply: 511,616,946 SOL; Circulating supply: 325,728,069 SOL

Description:

Dubbed by some as “Ethereum Killer”, Solana adopters like it for its proof-of-stake protocol, structured around decentralization, which allows scalability and the building of decentralized aplications (dApps). The Solana ec3osystem now hosts over 300 DeFi projects, including a wide variety of applications spanning across crypto exchanges, NFTs, payments, web browsers, and more.

Right after Ethereum, Solana is the second most popular blockchain network for NFTs. The popular “move-to-earn” NFT game, StepN, is built on the Solana network.

Important links

Whitepaper: https://Solana.com/Solana-whitepaper.pdf

Official website: https://Solana.com/

We are glad to offer more coins and tokens to our users on the XREX crypto-fiat exchange. However, before investing in any cryptocurrency, it is important to do one’s own research and have a comprehensive understanding as cryptocurrency trading is subject to high market risk.

Happy trading!

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