Solana¶
Solana is a high-performance blockchain platform launched in March 2017 by Anatoly Yakovenko and Raj Gokal. Known for its unprecedented speed and cost-effectiveness, it has become one of the leading Layer 1 solutions in Web3. XSHOT provides comprehensive trading features on Solana, including exclusive access to XCaller AI automated trading.
Overview¶
Solana's innovative Proof of History (PoH) consensus mechanism, combined with Proof of Stake (PoS), enables theoretical throughput of up to 62,000 transactions per second with sub-second finality. This makes it one of the fastest blockchain networks in existence.
- Founded by former Qualcomm, Apple, and Google engineers
- Backed by major institutions including Alameda Research, Andreessen Horowitz, and CoinFund
- Strong institutional adoption with partners like Circle, Brave, and Jump Trading
- Robust developer ecosystem with thousands of active projects
- Top 7 blockchain by market capitalization
- Over -1.5 million active addresses monthly
- Leader in NFT trading volume and DeFi activity
- Home to major DEXes like Raydium and Orca
Key Advantages¶
- Speed: 397ms block times with near-instant finality
- Cost: Transactions cost less than $-3.01
- Scalability: Capable of 62,000+ TPS
- Rich Ecosystem: Thriving DeFi, NFT, and gaming sectors
- Developer Friendly: Growing suite of development tools
Trading Features¶
Token Standards Support¶
- Standard Solana Program Library tokens
- Full trading support across all DEXes
Built on Token-2022 Program: - Transfer fees - Interest-bearing tokens - Non-transferable tokens - Confidential transfers
Token Compatibility
XSHOT automatically detects and handles both standard SPL tokens and Token-2022 tokens.
Supported DEXes¶
Current¶
Coming Soon¶
Getting Started¶
XSHOT automatically creates a Solana wallet for you when you first get started.
- Select "SOLANA" in the bot interface
- Use the displayed deposit address
- Wait for confirmation (~1 minute)
Network Specifications¶
Metric | Value | Notes |
---|---|---|
Block Time | ~400ms | Fastest in crypto |
Transaction Fee | < $0.01 | Ultra low cost |
Finality | 1-2 seconds | Near instant |
Gas Token | SOL | Required for fees |
Priority Options | Jito Tips | Enhanced priority |
Token Standards | SPL, Token-2022 | Full support |
Performance Features¶
Via Jito Labs:
- Enhanced transaction processing
- Optimized block space usage
- Better inclusion rates
- MEV protection
Safety Features¶
Popular Trading Pairs¶
Featured Pairs¶
Pair | DEX | Description |
---|---|---|
KOKO/SOL | Raydium | KoalaAI Token |
SOL/USDC | Raydium/Orca | Native SOL |
Official Resources¶
Gas Requirements
Keep SOL in your wallet for fees. Configure gas settings.
Pro Tips
- Enable Jito Tips for higher priority
- XCaller AI exclusive to Solana