Many cryptos have been launched in the market in the recent past. If you are also an investor, you must keep track of the coins that are being launched. Many coins can be changed to another crypto. Also, many investors want to check the rate of their coin in some other currency to make out the price and prediction of the coin easily. If you have been an active investor, you must have already heard about Solana, known for many of its features such as speed, low cost, etc. In this article, we will talk about Solana and how to convert Solana to PHP.
This coin has been very famous in the Philippines that is why this article focuses on conversion into the Philippines currency.
What is Solana?
Solana is a unique and new platform that has been launched in the market. It is a decentralized blockchain that has been built to allow scalable, user-friendly apps for the world. A total of 1,444 transactions take place per second on Solana, and the average cost per transaction is $0.00025. There are a total of 877 validator nodes. Solana has been growing very fast and has become the fastest-growing ecosystem in crypto. As of now, over 400 projects are going on in Solana. Before moving to Solana to PHP, let us see who the makers of this blockchain are.
Who are the makers of Solana?
The team of makers of Solana consist of Anatoly Yakovenko, the creator of Solana, GlobaliD, co-founder of Solana and Greg Fitzgerald, the CEO of Solana. Anatoly Yakovenko started his career at Qualcomm, and later on, he became a software engineer at Dropbox. Greg Fitzgerald was Anatoly’s colleague at Qualcomm. They started the Solana labs together in 2017. But the Solana protocol and SOL tokens were released in 2020.
How to convert Solana to PHP?
The full form of PHP is Philippine Peso. In this part, we will provide you with an exchange rate of Solana to PHP with the coin’s current price. The price given below are the live currency market price of Solana coins in pesos.
- 1 Solana = 3610.1402Philippine Pesos
- 0.0001 SOL= 0.3610 PHP
- 0.001 SOL= 3.6101 PHP
- 0.002 SOL= 7.2203 PHP
- 0.01 SOL= 36.1014 PHP
- 0.02 SOL= 72.2028 PHP
- 0.05 SOL= 180.5070 PHP
- 2 SOL = 7220.2803 PHP
- 5 SOL= 18050.7009 PHP
- 10 SOL= 36101.4017 PHP
- 100 SOL= 361014.0173 PHP
Price Statistics of Solana:
Having done Solana to PHP, let us look at the price statistics of the coin. As it is very necessary to know the price and other features of the ocean if you have interest in it:
- Price of SOL coin- $69.24
- Market Cap- $20,315,328,713
- Market Cap Dominance- 0.95%
- Trading Volume- $1,719,200,040
- Volume/Market Cap- 0.0837
- 24h Low/ 24h High- $70.35/ $78.32
- 7d Low/ 7d High- $68.87/ $79.94
- Market Cap Rank- #10
- All-Time High- $81.25
- All Time Low- $0.500801
Solana is doing great work building its blockchain based on proof of history (PoH) and proof of Stake (PoS). PoS is used to vote and select the next proof of history for Solana. In this article, we have given you Solana to PHPconversion so that you can easily make out the price of Solana coin in Philippine Pesos.
Have you ever converted any of your coins into PHP? If yes, then share the steps you followed during the conversion.
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