Solana (SOL), the seventh largest altcoin project by market capitalization, is listed on the popular Bitcoin exchange eToro. According to the company, SOL has been chosen as the latest addition to offer eToro customers diversity in their cryptocurrency portfolios.
Which pairs will Solana be listed on eToro
Popular Bitcoin exchange eToro has BTC, ETH, BCH, LTC, XRP, DASH, ETC, ADA, XLM, EOS, NEO, TRON, ZEC, BNB, XTZ, LINK, UNI, COMP, AAVE, YFI, MANA, ALGO, SOL transactions can be made with MATIC, BAT, MKR, ENJ, FIL, DOT and MIOTA.
Bitcoin can process up to 4.6 transactions per second, and Solana up to 700,000 transactions per second.
Solana is a decentralized computing platform whose prominent supporters include Sam Bankman-Fried, founder of cryptocurrency exchange FTX. The project uses Proof of Stake and Proof of History consensus mechanisms to increase Blockchain scalability.
Solana is one of the so-called “Ethereum killers” as it claims to support faster transactions (up to 700,000 per second) without expensive gas fees. The project has seen a number of promising developments, including listing on Coinbase Pro recently.
Commenting on the news, Doron Rosenblum, VP of Business Solutions at eToro said:
The long-term potential of crypto is now a widely accepted concept, and interest in crypto from both institutional and individual investors continues to grow exponentially. Adding Solana further expands our range of cryptocurrencies, giving our users more opportunities to diversify their portfolios.
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