Details about Marinade staked SOL cryptocurrency
€807,292,295 ( -4.04967%)
€10,819,200
5,122,554
5,122,554
56.254
Unknown
https://marinade.finance/
@MarinadeFinance
1468x
€231303
Marinade staked SOL price charts
MSOL exchanges
Marinade staked SOL, the crypto
Marinade staked SOL (MSOL) is a cryptocurrency token built on the Solana blockchain. This token represents ownership in a pool of Solana (SOL) tokens that are being used for staking on the Solana network.
The point
The main point of Marinade staked SOL (MSOL) is to allow individuals to participate in the Solana network's staking process without the need to own or stake a large number of SOL tokens. This allows for greater decentralization and security of the network.
The problem
Marinade staked SOL (MSOL) tries to solve the problem of centralization in blockchain networks by allowing individuals with smaller amounts of SOL tokens to participate in the staking process. This helps to distribute the power and security of the network among a wider range of participants, reducing the risk of a single point of failure.
Compare MSOL and BTC performance
Timeframe | MSOL | BTC |
---|---|---|
1h change | -0.0560493 % | 1.00456 % |
24h change | -3.79 % | 0.313361 % |
7 day change | 2.22 % | 4.77707 % |
14 day change | -17.19 % | -8.09825 % |
30 day change | -24.43 % | -7.22448 % |
200 day change | 530.67 % | 127.217 % |
Year change | 614.01 % | 133.126 % |