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Solana

Solana

sol

$156.26Price Change 24h: 7.42%Price data by Coingecko logoCoinGecko

Solana Price Chart

Solana Price Converter

sol

24-Hour Range

$145.47 $156.26
LowHigh

Market Cap

Rank#5
Market Cap$72.50B
Volume$2.96B

Supply

Circulating464.07M
Total580.13M
Created on01/01/1970

All Time High

ATH$259.96
ATH Change-39.85%
ATH Date11/06/2021

Solana Price Perfomance

PeriodChange [%]LowHigh
24h7.42%$145.47$157
7 days12.92%$145.83$148.81
14 days6.21%$145.83$148.81
1 month8.02%$144.13$145.38
1 year459.70%$21.49$26.29

Solana OHLC

DatePriceNet ChangeChange [%]PriceNet ChangeChange [%]
07/09/2024Close139.327.475.67%High141.46-1.87-1.30%
Open131.45-11.88-8.29%Low128.33-3.39-2.57%
07/08/2024Close131.85-11.25-7.86%High143.33-0.64-0.44%
Open143.339.076.76%Low131.72-0.94-0.71%
07/07/2024Close143.18.686.46%High143.977.885.79%
Open134.266.735.28%Low132.6611.069.10%
07/06/2024Close134.426.495.07%High136.09-6.38-4.48%
Open127.53-13.04-9.28%Low121.6-6.25-4.89%
07/05/2024Close127.93-12.79-9.09%High142.47-11.69-7.58%
Open140.57-13.24-8.61%Low127.85-11.82-8.46%
07/04/2024Close140.72-12.92-8.41%High154.16-0.49-0.32%
Open153.817.24.91%Low139.67-6.56-4.49%
07/03/2024Close153.647.294.98%High154.655.843.92%
Open146.610.240.16%Low146.230.400.27%

* Price information provided by CoinGecko. Day starts at UTC 00:00

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1. What is Solana?

Solana is a Layer-1 blockchain platform known for its transaction throughput and low latency. It is designed to support smart contracts and decentralized applications (dApps), making it a popular choice for developers and users within the blockchain community. Solana can process thousands of transactions per second at a very low cost, making it an economical choice for users. Its architecture supports a wide range of applications, from DeFi platforms to NFT marketplaces, and dApps.

2. What is Proof of History (PoH) in Solana?

Proof of History (PoH) is a consensus mechanism utilized by Solana. PoH timestamps transactions and creates a historical record that verifies the sequence of events on the blockchain. This mechanism plays a crucial role in achieving Solana’s high throughput.

3. Have there been any major outages on the Solana network?

Yes, Solana has experienced several notable network outages, which have impacted its reliability. For example, in September 2021, the network went offline for about 17 hours due to a surge in transaction traffic, which overwhelmed the system. Another incident occurred in December 2021, causing a lengthy disruption.

These outages have raised concerns about the network's robustness and ability to handle high volumes during peak times. The latest outage occurred on February 6, with block production stopping for five hours.

4. Who are the founders of Solana?

Solana was co-founded by Anatoly Yakovenko and Greg Fitzgerald. Yakovenko held senior roles at Qualcomm and Dropbox. In 2017, Yakovenko teamed up with Greg Fitzgerald and other former Qualcomm colleagues to develop Solana. The platform and its native cryptocurrency, SOL, were officially launched in 2020.

Latest posts about Solana

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Liquid Staking on Solana Soars To All-Time High

Liquid Staking on Solana Soars To All-Time High

Liquid staking accounts for 7% of Solana’s total market cap.
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Data Contradicts Narrative: Ethereum Continues to Dominate Layer 1 Sector

Ethereum leads in terms of smart contracts, Layer 1 revenue and DeFi TVL.
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Crypto Markets Drop Despite Cooling U.S. Inflation

Analysts predict spot Ethereum ETFs could launch next week.
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Crypto Markets Rally as VanEck Files For Spot Solana ETF

Bitcoin ETFs reported net inflows of $21.4 million on Wednesday.
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SOL Surges on VanEck Spot Solana ETF Filing

SOL Surges on VanEck Spot Solana ETF Filing

VanEck filed an S-1 registration statement with the SEC to launch a spot exchange-traded fund investing in Solana.
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Zeta Markets Launches ZEX Airdrop

Zeta Markets Launches ZEX Airdrop

Early adopters can now claim 8% of the token’s supply, with 30% earmarked to provide ongoing trading incentives. 
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Solana Foundation Launches New Developer Tooling To Promote Mainstream Adoption

Solana Foundation Launches New Developer Tooling To Promote Mainstream Adoption

Solana’s new “actions” and “blockchain links” features allow developers to embed web3 transactions into websites, social media, and QR codes.
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Solana's 'ZK Compression’ Scaling Solution Ignites Controversy

Solana's 'ZK Compression’ Scaling Solution Ignites Controversy

Ethereans argue that ZK Compression is little more than a Layer 2.
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Solana DEX Volumes Hit Lowest Level Since March

On-chain trading on Solana is in a steady downtrend as memecoin mania fizzles out.
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3iQ Submits Prospectus For Solana ETP in Canada

3iQ Submits Prospectus For Solana ETP in Canada

The proposed Solana Fund would provide exposure to SOL staking yields.