Research Study

Coin Report: Solana (SOL)

An overview of Solana and its potential use cases

by Fidelity Digital Assets®

Executive Summary

Solana launched in 2020 with the goal of creating a high-performance blockchain capable of supporting scalable decentralized applications (dApps). Created by Anatoly Yakovenko and a team of engineers, Solana introduced a novel approach to blockchain architecture through its proof-of-history mechanism. This innovation enables the network to process thousands of transactions per second, positioning Solana as a more attractive platform for developers.

Fidelity Digital Assets’ “Coin Report” series provides readers with a foundational understanding of a unique asset and examines its strengths and weaknesses. Each installment is updated on an ongoing basis as warranted by significant changes in data and developments across the digital assets market.

This report specifically highlights Solana and explores its long-term potential in the digital asset market, covering topics including: 

  • An overview of Solana’s unique blockchain infrastructure and its enhanced trading experience—and how this differentiator is central to its investment thesis

  • How Solana is building network effects through developer activity and growth

  • A high-level comparison of Solana’s architecture and trade-offs relative to other networks

For institutional investors, Solana represents a potential opportunity for portfolio diversification as a high-performance blockchain. As the broader digital assets ecosystem evolves, Solana’s distinct technical approach and growing developer community position it as a notable contender within the smart contract platform space.

Download the report now to uncover in-depth insights about Solana’s potential, market trends, and strategic opportunities. 

The information herein was prepared by Fidelity Digital Asset Services, LLC (“FDAS LLC”) and Fidelity Digital Assets, Ltd (“FDA LTD”). It is for informational purposes only and is not intended to constitute a recommendation, investment advice of any kind, or an offer to buy or sell any asset. Perform your own research and consult a qualified advisor to see if digital assets are an appropriate investment option. Digital assets are speculative and highly volatile, can become illiquid at any time, and are for investors with a high-risk tolerance. Investors in digital assets could lose the entire value of their investment.

Custody and trading of digital assets are provided by Fidelity Digital Asset Services, LLC, which is chartered as a limited purpose trust company by the New York State Department of Financial Services to engage in virtual currency business (NMLS ID 1773897). FDA LTD relies on FDAS LLC for these services. FDA LTD is registered with the Financial Conduct Authority under the U.K.’s Money Laundering Regulations. The Financial Ombudsman Service and the Financial Services Compensation Scheme do not apply to the cryptoasset activities carried on by FDA LTD. Views expressed are as of the date indicated, based on the information available at that time, and may change based on market or other conditions. Unless otherwise noted, the opinions provided are those of the speaker or author and not necessarily those of Fidelity Digital Assets or its affiliates. Fidelity Digital Assets does not assume any duty to update any of the information

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