Solana meaningfully appeared on the scene in 2021 and experienced an explosive rise as it positioned itself as the ultimate Ethereum killer.
Solana is a layer 1 smart contract platform that is very similar to Ethereum in that it can power a wide variety of applications; these can be anything from DeFi to Web3.
Solana was created in 2017 by Anatoly Yakovenko with a focus on high-throughput and low fees.
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