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Solana 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.

Setup Guide

  1. Select "SOLANA" in the bot interface
  2. Use the displayed deposit address
  3. 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


Pair DEX Description
KOKO/SOL Raydium KoalaAI Token
SOL/USDC Raydium/Orca Native SOL

Gas Requirements

Keep SOL in your wallet for fees. Configure gas settings.

Pro Tips