SolanaSwap Defines a New DeFi Platform on the Solana Blockchain

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According to the statements made, SolanaSwap is defined as a DeFi tool, an autonomous community, and a non-profit organization on the Solana blockchain. The platform’s existence on the Solana chain stands out notably.

What is Solana Swap?

Solana Swap aims to be a robust and fast platform, especially for developers. Additionally, the platform intends to make blockchain accessible to everyone while supporting strong experiences.

According to its website, Solana Swap has four key features:

• Fast: Solana boasts block times of 400 milliseconds, with expectations for increased speed as hardware improves.
• Decentralization: The Solswap network is validated by thousands of independently operating nodes, ensuring data security and resistance to censorship.
• Scalability: Solswap is designed to handle thousands of transactions per second, with fees under $0.0025 for both developers and users.
• Energy Efficiency: The team claims Solswap’s proof of stake network and other innovations minimize environmental impact, using energy comparable to a few Google searches for each Solana transaction.

What is SOS Coin?

SOS coin is the native cryptocurrency of the Solana Swap platform. According to Coinmarketcap data, 1 SOS Coin is trading at $4.87. In the last 24 hours, SOS coin has seen approximately a 6% increase, ranking it as the 3,106th cryptocurrency by market capitalization.

Additionally, SOS reached an all-time high of $5.08 on November 12, 2024, and recorded an all-time low of $1.47 on October 22, 2024.

How to Purchase SOS Coin?

You can purchase SOS coin through its website or via Raydium.

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