Home
Airdrops
Apply
Learn
Resources
Switch to ES Sign In Get Started

What Is Solana?

Discover the high-performance blockchain that's revolutionizing Web3 with lightning-fast transactions and near-zero fees

Why AirDrop + Solana?

Thousands of new tokens are created on the Solana network every day. With AirDrop, you gain completely free, lifetime access to airdrop opportunities from selected current and upcoming projects. Join once, benefit forever from the most promising Solana ecosystem tokens!

Join AirDrop Free

1. What Is Solana?

Solana is a high-performance blockchain network designed to support fast, low-cost, and scalable decentralized applications (dApps). It was launched in 2020 by Anatoly Yakovenko with the goal of solving major blockchain limitations such as slow transaction speeds and high fees.

Unlike many traditional blockchains, Solana can process thousands of transactions per second (TPS) while keeping transaction costs extremely low.

Key Features of Solana:

Lightning Fast Up to ~65,000 transactions per second (TPS)
💸
Ultra-Low Fees Often less than $0.01 per transaction
🔗
Rich Ecosystem DeFi, NFTs, gaming, and Web3 applications
🧠
Innovative Consensus Proof of History (PoH) + Proof of Stake (PoS)

Solana is often described as one of the most powerful blockchains for real-time applications and mass adoption.

🪙 2. What Is SOL?

SOL is the native cryptocurrency of the Solana blockchain. It's the fuel that powers the entire Solana ecosystem.

SOL Is Used For:

Transaction Fees Pay gas fees for all network operations
🔒
Staking Secure the network and earn rewards
🎮
DeFi & Apps Interact with protocols, NFTs, and Web3
🗳️
Governance Participate in network decisions

SOL Supply Facts:

  • SOL has an inflationary model with decreasing inflation over time
  • Staked SOL helps maintain network security
  • SOL is required for almost every action on the Solana blockchain

👻 3. What Is Phantom Wallet?

Phantom Wallet is a non-custodial crypto wallet built specifically for the Solana ecosystem (and now also supports Ethereum and Polygon).

Phantom Allows You To:

💰
Store SOL and Solana-based tokens (SPL tokens)
📤
Send and receive crypto securely
🌐
Interact with Solana dApps
💳
Buy SOL directly with credit/debit cards
🎨
Manage NFTs
📈
Stake SOL directly inside the wallet

Supported Platforms:

  • Browser extension (Chrome, Firefox, Edge)
  • Mobile app (iOS & Android)

Important Security Note

Phantom is non-custodial, meaning you control your private keys and funds, not a third party. Always keep your 12-word recovery phrase safe and never share it with anyone!

💳 4. How to Buy SOL Using Credit Card

Phantom Wallet makes it easy for beginners to purchase SOL using a credit or debit card through integrated payment providers.

Step-by-Step Guide:

Install Phantom Wallet

Download from the official website or app store. Create a new wallet and save your 12-word recovery phrase securely.

Open the "Buy" Section

Open Phantom Wallet, click "Buy" or "Add Funds", and select SOL (Solana) as the asset.

Choose Payment Method

Select Credit Card / Debit Card. Phantom connects you to trusted providers like MoonPay, Ramp, or Coinbase Pay.

Enter Purchase Details

Enter the amount of SOL or fiat currency (USD, EUR, etc.). Complete KYC verification if required.

Complete Payment

Enter your card details and confirm. SOL will be sent directly to your Phantom Wallet (usually within 30 minutes).

📋 5. Fees and Important Notes

Things to Know

  • Credit card purchases include service fees (usually 2%–5%)
  • KYC verification may be required for first-time purchases
  • Availability depends on local regulations
  • Always double-check the wallet address before confirming

🚀 6. Why Use Solana and Phantom Together?

🚀
Fast and cheap transactions
🔐
High security with self-custody
🎨
Easy access to NFTs and DeFi
💳
Simple fiat-to-crypto onboarding
🌍
Beginner-friendly interface

Solana + Phantom is one of the easiest entry points into Web3 today.

Final Summary

  • Solana is a fast, scalable blockchain built for mass adoption
  • SOL is the native token used for fees, staking, and applications
  • Phantom Wallet is the most popular Solana wallet
  • You can buy SOL with a credit card directly inside Phantom
  • This combination makes Solana highly accessible for everyone

Ready to Start Your Solana Journey?

Join AirDrop Network and receive free airdrops from the best Solana projects!

Join AirDrop Free