Price Change 1h
2.54%
Price Change 24h
3.44%
Price Change 7d
0.51%
Price Change 1m
6.7%
Market Cap
$67B
24H Volume
$2B
Circulating Supply
461M
Total Supply
583M
The live Solana price today is $145.69 USD with a 24-hour trading volume of $1,711,668,002 USD. We update our SOL to USD price in real-time. Solana is up 3.41% in the last 24 hours. The current CoinMarketCap ranking is #5, with a live market cap of $67,920,427,713 USD. It has a circulating supply of 466,207,760 SOL coins and the max. supply is not available.
Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.
To learn more about this project, check out our deep dive of Solana.
The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain.
Because of the innovative hybrid consensus model, Solana enjoys interest from small-time traders and institutional traders alike. A significant focus for the Solana Foundation is to make decentralized finance accessible on a larger scale.
