- #6
Solana SOL
SOL Price
Market Cap
$89.52 BRank #6FDV
$110.23 BRank #6Investors
X Followers
Detailed Performance
SOL shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
SOL to USD Converter
Price History
- All-Time High
- $263.281.41x to ATH
- All-Time Low
- $0.5008372.30x to ATL
- Trade Launch Date
- 10 Apr, 2020
1725 days ago
Fundraising
See more- ICO Price
- $0.22
- Funds Raised
- $359.70 M
- Tokens Sold
- 184.96 M SOL
Activities5
See moreExchanges
Exchanges type
About SOL
Solana is a blockchain platform created by Solana Labs in 2017. It is designed for running decentralized applications (dApps) and is known for its fast transaction processing speed and lower transaction fees compared to other blockchains like Ethereum. If you want to learn more about Solana, you can check out their Github page and find ways to connect with their community.
What makes Solana unique?
Solana offers several unique features compared to other cryptocurrencies. Firstly, it has a high transaction speed, allowing for faster and more efficient transactions compared to popular cryptocurrencies like Bitcoin and Ethereum. Additionally, Solana has lower transaction fees, making it a cost-effective option for users.
Another key aspect that sets Solana apart is its security. While Bitcoin and Ethereum are theoretically more decentralized, Solana has a higher Nakamoto coefficient, indicating a higher level of decentralization. This is due to the advanced hardware requirements for Solana validators, ensuring the network's capabilities are maximized.
Furthermore, Solana's ecosystem provides competitive advantages in terms of donation services. More brands are seeking donation platforms that accept cryptocurrencies, and Solana's lower carbon footprint attracts nonprofits to the platform. The cost-effectiveness of Solana's transactions also means that more of the donated funds end up in the hands of the non-profit organizations.
Considering these factors, Solana presents itself as a compelling option for investors looking for a cryptocurrency that offers faster transactions, lower fees, enhanced security, and environmental sustainability.
Live Solana Price Data
The current price of Solana (SOL) is approximately $186.45, reflecting a decrease of -3.25% in the last 24 hours. The SOL trading volume in the last 24 hours stands at $3.25 billion. Solana's market cap is currently $89.52 billion, accounting for about 2.76% of the total crypto market cap. The circulating supply of SOL is 479.73 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Solana's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on SOL, check out our crypto insights page.