Solana

Solana PriceSOL

Rank #6

About Solana (SOL)

Explorers

Website

solana.com

Community

Solana was founded by former engineers from Qualcomm, Intel and Dropbox at the end of 2017. It is a single chain trust proof of interest agreement, which focuses on providing scalability without reducing decentralization or security. The core of Solana's extended solution is a distributed clock called "historical proof (POH)", which aims to solve the time problem that there is no single reliable time source in the distributed network. By using a verifiable delay function, poh allows each node to generate a timestamp locally using sha256 calculation. In this way, there is no need to broadcast timestamp on the whole network, which improves the overall network efficiency. Sol is the local token of Solana blockchain. Solana uses a delegated proof of interest consensus algorithm to motivate token holders to validate transactions. As part of Solana's security design, all costs will be paid in sol and burned, thus reducing the total supply. This deflationary sol mechanism encourages more token holders to participate in shares, thus improving network security.

Solana (SOL) Price Trends

24H High$242.48
24H Low$229.67
24H Volume$128.74M
Market Cap
$113.18B
All-Time High(ATH)$259.96
Circulating Supply
474.60M SOL
All-Time Low(ATL)$0.5008
Total Supply
588.66M SOL
Market Cap/FDV
80.62%
Max Supply
Fully Diluted Valuation
$140.38B
Market SentimentNeutral

Live Solana (SOL) Price Update

Solana price today is $238.48 with a 24-hour trading volume of $128.74M, and as such Solana has a market cap of $113.18B, giving it a market dominance of 3.46%. The Solana price moved +1.85% in the last 24 hours.

Time period
Change amount
% Change
1H-$1.29-0.54%
24H+$4.33+1.85%
7D+$20.05+9.18%
30D+$70.38+41.87%
1Y+$186.94+362.77%

Credibility Indicators

91.60
Reliability Score
Rank #52
PercentileTOP 5%

Popular SOL Exchanges

Team Members

Anatoly Yakovenko
Anatoly YakovenkoCEO,Founder
Raj Gokal
Raj GokalCo-Founder
Greg Fitzgerald
Greg FitzgeraldCTO,Co-Founder
Eric Williams
Eric WilliamsChief Scientist,Co-Founder

Investors

Andreessen Horowitz (a16z)Andreessen Horowitz (a16z)
Polychain CapitalPolychain Capital
Multicoin CapitalMulticoin Capital
The Spartan GroupThe Spartan Group
Delphi DigitalDelphi Digital
NGC VenturesNGC Ventures
CMS HoldingsCMS Holdings
CoinFundCoinFund

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FAQ

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