How it will be listed
The listing will start with Coinbase pro accepting inbound transfers of SOL to their platform. The Coinbase website states that some locations "have access to crypto/fiat trading pairs while other countries can only access crypto/crypto trading pairs."Once a sufficient supply of SOL is established on the platform, Coinbase Pro customers will have access to the trading pairs SOL-USD, SOL-BTC, SOL-EUR, SOL-GBP and SOL-USDT. Trading on new order books will happen in phases. First, it will begin with post-only mode, and next it will proceed to full trading.
What is Solana?
Solana is a decentralized computing platform that uses SOL to pay for transactions. It aims to improve the scalability of the blockchain by using a combination of proof of stake consensus and so-called proof of history. As a result, Solana claims to be able to support 50,000 transactions per second without sacrificing decentralization.The new platform increases the speed of transactions, making it capable of handling more trades. Solana is currently up 35% trading at around $47.5 per coin.
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