DeFi Intel

Solana blockchain

l1-blockchain · PageRank 0.0201

Overview

Solana is a general-purpose blockchain designed for high throughput and low transaction costs. It uses a hybrid consensus mechanism combining Proof of History (PoH) and Proof of Stake (PoS) to enable parallel transaction processing. Solana supports decentralized applications, DeFi, NFTs, and other Web3 use cases.

Within the DeFi Intel graph, Solana connects to 27 tracked entities, most strongly to USD Coin, Visa, Wormhole.

Relations

View all relations

Top connections in the DeFi Intel knowledge graph (confidence-weighted, 9 of 27 total).

RelationConnected entityConfidence
deployed_onUSD Coin95%
integratesVisa95%
supports_chainsWormhole95%
deployed_onPayPal USD95%
deployed_onOndo US Dollar Yield95%
deployed_toWormhole Foundation (2023 spinout)95%
hostsHivemapper95%
hostsGrass95%
hostsio.net95%

In-depth guides on Solana

Frequently asked questions

What is Solana?

Solana is a Layer 1 blockchain that aims to provide high scalability and low fees through its unique Proof of History consensus combined with Proof of Stake.

How does Solana achieve high throughput?

Solana uses a global clock (Proof of History) to order transactions before consensus, allowing the network to process transactions in parallel across multiple validators.

What consensus mechanism does Solana use?

Solana uses a hybrid consensus model: Proof of History timestamps events to create a historical record, while Proof of Stake selects validators to confirm blocks.

What is Solana connected to?

In the DeFi Intel knowledge graph, Solana is linked to 27 other tracked entities, most strongly to USD Coin, Visa, Wormhole.

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