Solana (SOL) price today is $ 219.25 with a 24-hour trading volume of $ 5.74B, market cap of $ 106.73B and market dominance of 2.79%. The Solana (SOL) price changed 3.91% in the last 24 hours. Solana (SOL) price in US dollars is changed by 117.23% over the last 1 year. Over the past year, Solana (SOL) has changed by 69.29% against Ethereum and 6% against Bitcoin. Solana (SOL) total volume is now $ 5.74B, 0.1499% of the total cryptocurrency market volume in the last 24 hours.
Live Solana (SOL) Price Chart & Market Cap
SOL (Solana) price today plays a crucial role in determining the market value of this blockchain asset. Solana is recognized for its high throughput and low transaction costs, which significantly impact the price of Solana. Investors often monitor the SOL (Solana) crypto value to make informed decisions based on real-time data.
Solana Price Live Data
Solana Price The price of SOL is calculated in real-time by aggregating data from multiple exchanges using a global volume-weighted average, reflecting the most accurate market value. $ 219.25 | ATH The ATH is the highest price SOL has reached since its launch, indicating its peak market value. $ 263.21 | Circ. Supply Circulating Supply is the total number of SOL tokens currently available and trading in the market. 486 592 943.48 |
Market Cap
Market Cap = Current Price × Circulating Supply
It represents the total market value of all circulating SOL tokens, similar to a stock’s market capitalization. $ 106 732 361 753.00 |
ATH Date The ATH Date is the specific day when SOL achieved its highest market price. 2024-11-23 00:00:00 | Total Supply Total Supply is the total amount of SOL tokens that exist, including both circulating and non-circulating tokens. 592 403 058.02 |
24H Volume 24H Volume shows the total trading volume of SOL across all tracked platforms in the last 24 hours. $ 5 739 396 487.00 | ATL The ATL is the lowest price SOL has ever reached, showing its minimum market value. $ 0.5008 | Max Supply Max Supply is the maximum number of SOL tokens that will ever exist, as defined by its protocol. 0 |
Platform SOL runs on the Solana blockchain, indicating its underlying technology. Solana | ATL Date The ATL Date marks when SOL recorded its lowest market price. 2020-05-11 00:00:00 | |
Release Date The Release Date is when SOL was officially introduced to the public market. |
Solana Price The price of SOL is calculated in real-time by aggregating data from multiple exchanges using a global volume-weighted average, reflecting the most accurate market value. $ 219.25 |
Market Cap
Market Cap = Current Price × Circulating Supply
It represents the total market value of all circulating SOL tokens, similar to a stock’s market capitalization. $ 106 732 361 753.00 |
24H Volume 24H Volume shows the total trading volume of SOL across all tracked platforms in the last 24 hours. $ 5 739 396 487.00 | Platform SOL runs on the Solana blockchain, indicating its underlying technology. Solana | Release Date The Release Date is when SOL was officially introduced to the public market. | ATH The ATH is the highest price SOL has reached since its launch, indicating its peak market value. $ 263.21 | ATH Date The ATH Date is the specific day when SOL achieved its highest market price. 2024-11-23 00:00:00 | ATL The ATL is the lowest price SOL has ever reached, showing its minimum market value. $ 0.5008 | ATL Date The ATL Date marks when SOL recorded its lowest market price. 2020-05-11 00:00:00 | Circ. Supply Circulating Supply is the total number of SOL tokens currently available and trading in the market. 486 592 943.48 | Total Supply Total Supply is the total amount of SOL tokens that exist, including both circulating and non-circulating tokens. 592 403 058.02 | Max Supply Max Supply is the maximum number of SOL tokens that will ever exist, as defined by its protocol. 0 |
The price of Solana fluctuates continuously, reflecting changes in market demand and supply. SOL (Solana) price today provides the most recent value, which is essential for traders and investors. Accurate tracking of the rate of SOL helps in predicting future movements. The Solana SOL price prediction can offer insights into potential future trends based on current performance and market analysis.
Global Solana (SOL) Prices Today
SOL (Solana) crypto prices vary across different exchanges due to market dynamics. While SOL (Solana) has surged to its highest price at certain points, it also experiences periods of volatility. Examining the price of Solana on various platforms provides a comprehensive view of its global performance. The historical high and historical low are significant indicators of the coin's market behavior.
How Much Is 1 SOL Worth Right Now?
The price of 1 SOL is determined by its current trading value, which can vary throughout the day. The SOL (Solana) has surged by notable amounts during significant market events. Understanding how much 1 SOL is worth helps in evaluating its market position and making investment decisions. This value is influenced by various factors including supply and demand dynamics and market sentiment.
- SOL/USD 219.25
- SOL/EUR 213.41
- SOL/GBP 180.22
- SOL/AUD 354.05
- SOL/CNY 1 605.94
- SOL/INR 18 974.99
- SOL/JPY 34 274.57
- SOL/KRW 318 962.10
- SOL/TRY 7 769.08
- SOL/PLN 909.07
- SOL/BRL 1 328.51
- SOL/RUB 22 449.09
Solana (SOL) Overview and Key Facts
Solana is a high-performance blockchain platform designed to support decentralized applications (dApps) and crypto transactions. SOL is the native token of the Solana network, used for transaction fees, staking, and other network functions. The value of SOL is closely linked to the network's adoption and technological advancements. Understanding what is Solana helps investors appreciate the utility and potential of the token.
Highlighting SOL's Unique Features
SOL (Solana) boasts several features that set it apart from other cryptocurrencies. These include high transaction speeds, low fees, and scalability. The performance of Solana is driven by its innovative technology, which enhances its overall value and appeal in the crypto market. The coin's maximum price is often a reflection of its successful implementation of these features.
Solana Price History and Important Milestones
The Solana price history reveals a pattern of significant fluctuations. SOL (Solana) has surged to its highest price during various market peaks, showcasing its potential for high returns. Analyzing the historical high and historical low provides a detailed view of the coin's performance over time, helping investors make better-informed decisions.
Solana (SOL) Supply and Distribution Explained
SOL (Solana) supply is regulated by the network's issuance model, which affects the overall market cap. The SOL Market Cap provides insight into the total value of all SOL tokens in circulation. Understanding the supply dynamics helps assess the impact on the price of Solana and its potential for future growth. The controlled supply helps manage inflation and maintain the token's value.
SOL Market Cap and Market Dynamics
The SOL Market Cap reflects the total market value of all SOL tokens. This metric is crucial for evaluating the coin's market position relative to other cryptocurrencies. A higher market cap often indicates a more stable and established cryptocurrency, enhancing investor confidence. The market cap can influence the coin's performance and overall value in the market.
Evaluating Solana's Value
The value of SOL is influenced by multiple factors including technological advancements, market conditions, and adoption rates. The price of Solana can experience significant changes based on these variables. Monitoring the today Solana price helps investors understand the current market situation and make timely investment decisions.
Understanding Solana Mining
Solana mining utilizes a proof-of-stake consensus mechanism, which differs from traditional proof-of-work mining. This approach contributes to Solana's high scalability and efficiency. The staking process supports network security and helps maintain the token's value. Unlike proof-of-work, proof-of-stake mining is less resource-intensive, impacting the maximum price and long-term viability of SOL.
Selecting a Solana Wallet
To store SOL, users can choose from various types of Solana wallets including hardware and software solutions. A secure Solana wallet is essential for protecting assets and ensuring safe transactions. Selecting the right wallet can impact the ease of managing SOL holdings and safeguarding them against potential threats.
Solana - FAQ
What is Solana? It is a blockchain platform designed to offer high-speed transactions and scalability for decentralized applications. Solana utilizes a unique consensus mechanism to achieve its performance metrics, making it a prominent player in the cryptocurrency space.
To buy Solana SOL, users need to select a cryptocurrency exchange that supports SOL. How to buy Solana SOL involves creating an account on an exchange, depositing funds, and executing a trade to acquire the token. The process is straightforward but requires careful selection of a reliable platform.
Solana has shown strong growth potential and technological innovation, making it a potentially lucrative investment. The Quarterly Yield and overall performance of Solana should be evaluated through thorough risk analysis before making investment decisions.
Investors can potentially make money with Solana by trading or holding the token. The Quarterly Yield from SOL investments depends on market conditions and strategic decisions. Analyzing historical data and market trends helps in assessing the potential for profit.
To cash out Solana, users need to convert SOL to fiat currency through cryptocurrency exchanges. How to cash Solana involves selecting an exchange that supports withdrawal of SOL, completing the necessary steps for conversion, and transferring the funds to a bank account.
Solana is considered to be safe due to its advanced security features and network design. However, users should still take precautions by using secure wallets and staying informed about potential security updates.
Solanas are legal in most regions, but the regulatory status can vary. It is essential for users to verify local laws regarding cryptocurrency to ensure compliance.
Solana is primarily classified as a utility token rather than a security. However, the regulatory classification can change, so it is important for investors to stay updated on legal developments regarding Solana.