Solana (SOL) is on its way to setting a new all-time high (ATH) after smashing through its previous ATH. Solana has gained a lot of popularity among DeFi developers because of its scalability and throughput and that is causing investors to gain confidence in the SOL token.
To help investors and traders who are eyeing to buy and hold the SOL coin, Invezz has created a brief article to help with identifying the best places to buy it.
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Best places to buy SOL
eToro
eToro is one of the world's leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It's social copy trading features make it a great choice for those getting started.
Buy SOL with eToro today
Coin Kong Trader
Coin Kong facilitates rapid buying and selling of cryptocurrencies. Robust security, transparent fee charges and excellent customer support make this a great option for newcomers.
Buy SOL with Coin Kong Trader today
What is Solana (SOL)?
Solana (SOL) is the native token of the Solana protocol.
Solana protocol is an open-source blockchain project that banks on the permissionless nature of blockchain technology to provide decentralized application (DApp) developers with a platform for creating decentralized finance (DeFi) solutions.
It offers improved scalability compared to the likes of Ethereum since it uses the proof-of-history (PoH) and proof-of-stake (PoS) consensus mechanisms.
Should I buy the SOL coin today?
If you are looking for a cryptocurrency that has a prospect of giving good returns, then the SOL coin is a great choice.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
Solana price prediction
SOL price is expected to continue climbing and set a new all-time high above $240 before the end of this month.