5 Cryptocurrencies Millionaires Love

4. Solana 

Solana is an open-source blockchain platform that allows programmers to build decentralized finance applications. Solana was publicly launched in March 2020, with its native token being SOL. Combining a proof-of-history and proof-of-stake consensus, Solana is one of the fastest and highly scalable blockchains. The platform also offers low transaction fees to users. A total supply of 489 million SOL tokens is available, with 260 million coins already in circulation. 

Chamath Palihapitiya is a billionaire venture capitalist and CEO of Social Capital. Chamath Palihapitiya’s firm helped raise $8 million in seed capital for Syndica, a company that builds cloud and Web3 infrastructure on the Solana blockchain. He lauded Syndica for smoothly transitioning into Web 3.0 using the Solana ecosystem, further validating the platform and its native currency, SOL.