Solana is a decentralized financing ecosystem that is competing with the likes of ADA and AVAX for the #2 spot in the DeFi world behind mighty Ethereum. SOL launched publicly with it's ICO in March 2020 with a price around $13 per coin. As of today, 1/30/22, it sits at $95.31 per coin and saw an all time high of $258.93 in early November 2021.

Solana looks to differentiate itself from other DeFi ecosystem projects with high scalability and exponentially more transactions per second than boasted by the current Ethereum 1.0 system. A favorite of celebrities and Silicon Valley, Solana created a powerful mid-sized community of supporters as it looks to enable an array of decentralized financial services over the long haul with it's allegedly best-in-class processing speeds.

While reported rates of Visa's transactions per second (aka TPS) usually range between 1,700-4,000 per second, Solana has boasted max capacities of 50,000 TPS during peak transacting hours. So look out for Solana as a bounce back candidate during 2022.

CoinMarketCap SOL Deep Dive Link:
https://coinmarketcap.com/currencies/solana/