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Solana (SOL) Price
Price of Solana (SOL) Today
The live price of Solana (SOL) is $126.91.The current market capitalization stands at $71.36B, with a 24-hour trading volume of $4.17B.Solana has experienced +0.54% in the last 24 hours and has a circulating supply of approximately 562.19M.These figures are updated in real-time to provide the most accurate market data.
SOL Price Data
SOL Market Stats
Solana (SOL) Security Assessment
About Solana(SOL)
Team Members
Investors
Andreessen Horowitz (a16z)
CMS Holdings
CoinFund
Blockchange Ventures
CoinShares
Alameda Research
Delphi Ventures
BlockBaseSocial Stats
21827 unique individuals are talking about SOL, ranking it 4 for most mentions and activity among collected posts. Over the past 24 hours, the sentiment toward SOL across all social media has been Bullish. Finally, 854 news articles have been published about SOL. On Twitter, 48.71% of tweets showed bullish sentiment compared to 7.32% of tweets showing bearish sentiment about SOL. 43.97% of tweets were neutral about SOL. These sentiments are based on 278248 tweets.
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FAQ
What makes Solana different from Ethereum?
While both Solana and Ethereum support smart contracts and dApps, Solana emphasizes speed and affordability. Ethereum, especially before its scaling upgrades, can suffer from high gas fees and slower throughput. Solana uses a unique consensus combination of Proof of History (PoH) and Proof of Stake (PoS) to achieve high-speed processing at low cost. However, Ethereum has a longer track record and larger developer base, while Solana prioritizes high-performance use cases like gaming and social apps.
What is SOL used for?
SOL is the native cryptocurrency of the Solana network. It is used for various activities such as paying transaction fees on the network, staking and securing the blockchain via validators, and participating in future governance proposals. SOL is also widely used in Solana-based DeFi platforms, NFT marketplaces, and payment apps like Solana Pay.
How fast and cheap is Solana?
Solana can handle up to 65,000 transactions per second, with real-world averages typically in the thousands. Transaction costs are usually less than $0.001, making it one of the most cost-efficient blockchains available. Its speed and affordability make it ideal for high-frequency trading, gaming, and real-time apps.
Where can I buy and store SOL?
You can buy Solana directly on Phemex, and we’ll securely hold it on your behalf as a custodial exchange. You can also use other cryptocurrency like USDT to trade SOL on the Phemex spot market. After acquiring Solana, it will be held in your Phemex spot wallet which boasts meticulous security mechanisms.
Is Solana decentralized and secure?
Solana operates a decentralized network of over 1,000 validators worldwide. Its consensus mechanism combines PoH and PoS to validate transactions efficiently. While it has experienced network outages in the past due to congestion or bugs, Solana’s team continues to improve its infrastructure and reliability. It is considered secure for most use cases, but users should always follow best practices like using trusted wallets and avoiding phishing scams.
Solana (SOL) Conversion Rate
Solana (SOL) Price Movements
| Period | Amount Change | Change (%) |
|---|---|---|
| Today | +$0.685337 | +0.54% |
| 7 Days | -$12.13 | -8.72% |
| 30 Days | -$14.42 | -10.20% |
Disclaimer
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