Home Latest Cryptocurrency News Solana, the coin of the rising sun: See how and where to buy now

Solana, the coin of the rising sun: See how and where to buy now

By - min read
04 November 2021

The price of Solana’s token, SOL, has grown 13,300% since the start of the year. It is in the top 10 most valuable cryptocurrencies by market capitalization. This short article will tell you all you need to know before buying Solana.

Top places to buy SOL token now

Plus500

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Buy SOL with Plus500 today 82% of retail CFD accounts lose money.

eToro

eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.

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What is SOL token

Solana is a rapidly moving cryptocurrency and a potential alternative to Ethereum. There are several projects running on its network. One of its main selling points is the transaction speed. It can process around 50,000 transactions per second (TPS). In comparison, Ethereum processes between 15 and 45 TPS.

Should I buy SOL token today?

Like most cryptos, Solana’s price can be volatile. You must be prepared for it to go down or up. Don’t invest more than you can afford to lose. Make sure cryptocurrency investments only account for 5% to 10% of your overall portfolio.