Solana, popular cryptocurrency, was founded in 2017 by Anatoly Yakovenko, who was also a software engineer at Dropbox and other big technology companies. He believed that some blockchains are efficient or at least working on it, while many others fail in this sector. That is why he built different blockchain with different system of blocks. On Solana for example, all nodes run on the same block which removed one validation factor and makes process smoother and speeds up the network. The more factors there are to be validated, the slower the process. Solana also has its own decentralised exchanges to trade the various coins built on top of its platform.
Company presented its payment processor, Solana Pay. It is an open protocol for developers to build on and customize. Innovation is even compared to founding of PayPal, which was a massive new technology in the payments processing industry. By many, Solana Pay is considered to be the next innovation to the payments sector. Some are going as far to call Solana Pay the Visa or Mastercard of Web3. Solana Pay is for now supported by three wallets, however if you are interested into getting some Solana cryptocurrency, you can do quick registration at https://www.bitmarkets.com/en/register and start investing.
Movement of Solana in 1 year period. (Source: Trading Economics)
Sources:
https://tradingeconomics.com/solusd:cur
https://cointelegraph.com/news/what-is-solana-sol-pay-and-how-does-it-work