With lightning-fast processing times, Solana has attracted a lot of institutional interest as well.
Because of the innovative hybrid consensus model, Solana enjoys interest from small-time traders and institutional traders alike.
At the moment, about 260 million of these have already entered the market.
PoH records successful operations and the time that has passed between them, thus ensuring the trustless nature of the blockchain.
Solana has received much praise for its speed and performance, and has even been tipped as a rival that can and challenge the dominant smart contract platform.
Solana is known in the cryptocurrency space because of the incredibly short processing times the blockchain offers.