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Halal crypto ratings
SOL (SOLANA)
Network Purpose
Permissionless blockchain designed to facilitate decentralised app (dApp) creation
Token Use Cases
1. Staking
2. Transaction fees
3. Node incentives
Protocol & ConsensusMechanism
Proof-of-History (PoH), in combination with a traditional Proof-of-Stake (PoS) consensus mechanism.
Tokenomics
Solana has a fixed supply of 489 million SOL tokens, of which about 293 million SOL are currently in circulation
Shariah Compliance
Compliant
Shariah PowerRating
5/10
Other halal crypto ratings
XTZ (Tezos)
NEAR (NEAR)
XRP (Ripple)
TRON (Tronix)
Avalanche (AVAX)
LINK (Chainlink)
MATIC (Polygon)
LTC (Litecoin)
ADA (Cardano)
PAXG (PAX gold)
USDC (USD Coin)
USDT (Tether)
ETH (Ethereum)
Bitcoin (BTC)
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