A QUICK INTRO TO SOLANA

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Watch this video to be taught about predict Solana crypto market tendencies.
Below are the links to the web sites we went via within the video.
These components provide a fast overview to your preliminary evaluation of any token.

0:00 Introduction to Crypto Financial Analysis
0:55 History of Solana
1:50 Solana Whitepaper
2:45 Market Capitalization & Circulating Supply & Tokenomics
4:30 Solana Community & Ecosystem
5:10 News & Trending

Market capitalisation
Solana’s market cap is the entire worth of all of the tokens which were minted. It is calculated by multiplying the entire variety of cash which were mined by the value of a single coin at any given time.
Large-cap cryptocurrencies are typically thought-about to be protected or conservative crypto investments. They typically have lesser volatility and extra steady prices comparatively.
https://coinmarketcap.com/currencies/solana/

Circulating provide and whole provide of tokens
The circulating provide refers back to the cash which might be accessible to the general public and shouldn’t be confused with the entire provide or max provide.
So is Solana a hard and fast provide?
No, Solana shouldn’t be a hard and fast provide coin. More Solana tokens are launched into circulation with time via the method of inflation. The variety of tokens launched shall be decreased beginning at an preliminary charge of 8% right down to 1.5% over ten years.

Check whether or not the token is listed in main exchanges
https://www.statista.com/statistics/864738/leading-cryptocurrency-exchanges-traders/

SOL Token utility and use instances
Solana claims to be essentially the most performant permissionless blockchain on the planet.
https://solana.com/ecosystem/explore

Community & Ecosystem
Community size – a big metric for reaching wider adoption of cryptocurrencies
https://www.solana.com/community

Team
Solana is backed by the founders of a very talked-about crypto change referred to as FTX. One of the founders of FTX is Sam Bankman, who is without doubt one of the youngest crypto billionaires on the planet.
They additionally obtained funding from A16Z: https://www.wsj.com/articles/crypto-startup-solana-raises-314-million-to-develop-faster-blockchain-11623240001

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