Where to buy Solana (SOL) as it takes off

The previous Solana price dip has come to an end and the coin is currently in consolidation as it contemplates the next move.

Despite the previous price fall, investors and analysts still believe that Solana is a worthy Ethereum competitor and its price is destined for the moon in 2022.

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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.

To find out more, please continue reading.

Best places to buy Solana

Binance

Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.

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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.

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Disclaimer

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?

The previous Solana price dip seems to have come to an end and if you are looking for a bullish cryptocurrency to invest in, Solana could be a great choice.

Nevertheless, you should be aware of the fact that the cryptocurrency market is extremely volatile and market sentiments could change within seconds.

Solana price prediction

After a drastic fall towards the end of 2021, Analysts now believe that Solana is on its way above $200 again, especially following the surge in DApps being developed on the blockchain that most dupe “Ethereum killer”.

$SOL social media coverage