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This is a reverse private auction 4 Solana has already finished

4 Solana
4 Solana
4 Solana

Final price

Congratulations Ellenhoikkala

The user Ellenhoikkala has won the auction with its bid for 4,50Lei.

4 Solana has been sold for 4,50Lei.

4,50Lei

Bids retained in history

0

Bidders retained in history

0

Product value

—

Bid value

3 bid credits

Final price

4,50Lei

Auction ID

2147505826

End time

13/10/2026 18:56

Auction general information

Auction price
4,50Lei
Product value
—
RRP
25,00Lei
Bid value
3 bid credits
Auction ID
2147505826
Start Time
12/10/2026 12:00
End Time
13/10/2026 18:56

4 Solana

Solana is a highly functional open source project that builds on the permissionless nature of blockchain technology to provide decentralised financial solutions (DeFi). While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation based in Geneva, Switzerland. The Solana protocol is designed to facilitate the creation of decentralised applications (DApps). It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain. Due to the innovative hybrid consensus model, Solana enjoys the interest of both small traders and institutional traders. An important focus for the Solana Foundation is to make decentralised finance accessible on a larger scale. One of the essential innovations that Solana brings is the proof-of-history (PoH) consensus developed by Anatoly Yakovenko. This concept allows for greater scalability of the protocol, which in turn increases ease of use. Solana is well-known in the cryptocurrency space due to the incredibly short processing times offered by the blockchain. Solana's hybrid protocol allows for significantly reduced validation times for both transaction and smart contract execution. With incredibly fast processing times, Solana has also attracted a lot of institutional interest. The Solana protocol is aimed at both small users and enterprise customers. One of Solana's main promises to customers is that they will not be surprised by increased fees and taxes. The protocol is designed in such a way that it has low transaction costs and, at the same time, guarantees scalability and fast processing.