Solana is a high-performance layer 1 blockchain that prioritizes low fees, scalability, and fast transaction finality. The network uses a proof of stake (PoS) consensus mechanism coupled with its own proprietary Proof of History (PoH) consensus mechanism. The network has smart contract capabilities, which allow for dApps, DeFi, and NFTs. Tokens built on Solana are SPL tokens, whereas Ethereum tokens utilize the ERC20 standard. SOL is the native token of the network and used to pay nodes in a cluster to run onchain programs, validate their outputs, stake/secure the network, and transact. Solana smart contracts support code in Rust and C/C++.
SolanaSOL
Live Solana price updates and the latest Solana news.
price
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$182.35
$0
(0%)
24h low
$172.71
24h high
$183.48
The live Solana price today is $182.35 with a 24-hour trading volume of $3.28B. The table above accurately updates our SOL price in real time. The price of SOL is down -0.38% since last hour, up 5.41% since yesterday. The live market cap, measured by multiplying the number of coins by the current price is $105.93B. SOL has a circulating supply of 464.61M coins and a max supply of 580.89M SOL.
about Solana
What is Solana?
Solana Stats
What is the market cap of Solana?
The current market cap of Solana is $84.70B. A high market capitalization implies that the asset is highly valued by the market.
What is the current trading activity of Solana?
Currently, 17.98M of SOL were traded within 24 hours of time. In other words, $3.28B have changed hands within the past 24 hours through trading. That's a change of 5.41%.
What is the current price of Solana?
The price of 1 Solana currently costs $182.35.
How many Solana are there?
The current circulating supply of Solana is 464.61M. This is the total amount of SOL that is available.
What is the relative popularity of Solana?
Solana (SOL) currently ranks 5 among all known cryptocurrency assets. The popularity is based on relative market cap.
market data
Market Cap
$ 84.70B
5.41 %
Market Cap Rank
#5
24H Volume
$ 3.28B
Circulating Supply
460,000,000
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recent research
Research
Solana Mobile is a highly ambitious foray into the mobile consumer hardware market, seeking to open up a crypto-native distribution channel for mobile-first applications. The market for Solana Mobile devices has demonstrated a phenomenon whereby external market actors (e.g. Solana-native projects) continuously underwrite subsidies to Mobile consumers. The value of these subsidies, coming in the form of airdrops, trial programs, and exclusive NFT mints, have consistently covered the cost of the phone and generated positive returns for consumers. Given this trend in subsidies, the unit economics in the market for Mobile devices, and the initial growth rate and trajectory of sales, it should be expected that Solana mobile can clear 1M to 10M units over the coming years. As more devices circulate amongst users, Solana Mobile presents a promising venue for the emergence of killer-applications uniquely enabled by this mobile-first, crypto-native distribution channel.
by Luke Leasure
/
Research
Metaplex, the leading NFT protocol on Solana, has established a dominant position due to its comprehensive suite of tools. It has a functioning economic model with a buyback program that enhances its value through revenue generated from SOL-denominated fees. While initially focused on NFTs, Metaplex is diversifying its offerings to include non-NFT services, indicating a promising future as a comprehensive token creation suite on Solana.