$164.160000
Market Cap
--
24h High
$178.260000
24h Low
$178.260000
24h Turnover
$11.74
Total Supply
15
Market Sentiment
Neutral
About Allbridge Bridged SOL (Fuse) (ASSOL)
Allbridge SOL (Fuse) is the bridged version of Solana (SOL) token on Fuse network bridged through Allbridge classic dapp.
Solana is a Layer 1 blockchain that offers users fast speeds and affordable costs. It supports smart contracts and facilitates the creation of decentralized applications (dApps). Projects built on Solana include a variety of DeFi platforms as well as NFT marketplaces, where users can buy Solana-based NFT projects. Its high performance means Solana doesn’t require a traditional scaling Layer 2 solution; instead, Layer 2s on Solana focus on interoperability and connecting Solana to other chains.
Solana combines the Proof-of-History (PoH) consensus mechanism alongside the more common Proof-of-Stake. This ensures Solana achieves consensus more quickly while reducing the workload and solving the blockchain trilemma, where developers have to balance decentralization, security, and scalability.
Risk Disclosure
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Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.
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