Solana Ultimate Beginners Guide in 2024

It’s truly Solana Memecoin season and the Solana ecosystem continues to froth - with TVL, trading volumes, and the price of SOL having increased dramatically since last October, when $SOL traded for just $20 per token. Despite a slight pullback yesterday, $SOL reached as high as $209 and the ATH of $259 is not far off.

The Solana network, which is usually fast, cheap, and scalable, has been experiencing congestion and withdrawal issues as degens pile in for the memecoin trading frenzy sending tokens like WIF, BONK, BOME, and SLERF parabolic! But there’s actually a lot more than meets the eye when it comes to the Solana Blockchain and its vibrant ecosystem of dApps, its projects, and its communities, which you can still explore.

So take a deep breath, because today we’re diving deeper into the Solana Ecosystem to understand the hype, the technicals, and the fundamentals in this Beginners guide to Solana in 2024.

0:00 Why is Solana hyped? 1:20 Why is Solana unique? 1:28 SOL Token 1:33 Proof of History 1:57 Solana Foundation 2:10 Solana TPS 2:26 Break Solana 2:50 Solana Ecosystem 3:06 Solana Wallet 3:50 Jupiter Swap 4:13 MarginFi 4:24 Liquid Staking Tokens 4:49 NFTs & Digital Art 5:32 Step Finance 6:08 Caution

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