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Solana

Solana (SOL) is a type of digital cryptocurrency, utilizing peer-to-peer transactions, mining and other technological feats into a modern day asset. Use this page to follow news and updates regarding Solana live price, create alerts, follow analysis and opinion and get real time market data. Find here all you need to know about the Solana crypto current price.

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1 SOL =

$ 20.175

+0.222 +1.11%

12:42:18 - Real-time Data . ( Disclaimer )

Market Cap:

$8.03B

Circulating Supply:

SOL398.06M

Max Supply:

SOL0

Vol (24H):

$440.33M

Chg (7D):

-4.37%

Day's Range:

20.152 - 20.512

Investing.com Index

1D 1W 1M 6M 1Y 5Y Max

Solana News

Ethereum vs. Solana: A Deep Dive into the Crypto Landscape CryptoGlobeCryptocurrency

In a recent Twitter thread, vetetran crypto investor and Solana (SOL) whale Adam Cochran shared his thoughts on the ongoing debate...

Bitcoin and Ethereum rally as US debt ceiling saga edges to a close

Stock Markets Bitcoin and Ethereum rally as US debt ceiling saga edges to a...

Solana: Crypto’s Next Apple? Co-Founder Shares Bold Vision For...

Bitcoin Taps $27K, Solana Soars 5% Daily (Weekend Watch)

This Week in the Metaverse: Bitcoin ups its NFT game, surpassing Solana in weekly volume

Cryptocurrency This Week in the Metaverse: Bitcoin ups its NFT game, surpassing...

Show more News

Solana Analysis & Opinion

XRP, Solana and Tradecurve price analysis

By CryptoDaily - Jun 03, 2023

The XRP network activity saw record-breaking levels, and Solana's...

Can Solana (SOL-USD) Go on Another Bull Run Without FTX?

By TipRanks - May 20, 2023

The Solana ecosystem and its star token SOL (SOL-USD) has seen its...

Crypto Marketcap Up 55% in 2023: Factors Driving the Rally By Timothy Fries - Apr 12, 2023

The total cryptocurrency marketcap surged to $1.2T in 2023. One...

The Rise of Ethereum Economy: Why It May Outperform Bitcoin in the Long Term By Raoul Pal - Mar 13, 2023

The crypto ecosystem is noisy. Between the jargon, different...

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Solana will outperform Ethereum

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Leading Cryptocurrencies

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FAQ

What is Solana crypto?
Solana crypto is a decentralised, peer-to-peer digital currency that aims to revolutionise the face of the traditional financial landscape. Solana crypto enables a faster, more user-driven financial ecosystem that is more economical than what is operating in financial institutions at the moment.
Where to buy Solana crypto
Solana is one of the most valuable cryptocurrencies, making it a favourite choice for many investors. You can buy Solana on popular Bitcoin exchanges like Binance, FTX, Coinbase, Kraken, and Gemini. If you prefer using a crypto broker, then eToro is a good platform to use.
What makes Solana unique?
Solana is a blockchain protocol that is out on a mission to push the DeFi ecosystem into mainstream use. It also supports NFTs, which have become increasingly popular by the day. Although it offers similar services like base-layer protocol Ethereum, Solana differs from the older smart contract network. It adopts a hybrid blockchain architecture which sees it use a Proof-of-Stake (PoS) consensus mechanism and a Proof-of-History (PoH) timing mechanism. This makes it way faster with a 50,000 throughput, alongside it being low-cost and more environmentally viable than the PoW Ethereum blockchain.
How does staking work with Solana?
Solana staking operates similarly to all PoS blockchain protocols. Once you pledge and lock your SOL cryptocurrency, you will be securing the network. In return, you will be rewarded with newly minted SOL tokens after settling the base fee from the validator. However, if you have the technical expertise, you can run your own SOL validator node, but for the average person, you can stake your SOL on several platforms like Binance and FTX.
What kind of applications run on Solana?
Blockchain-based applications offering DeFi and NFT services run on the Solana blockchain. The Solana blockchain is also compatible with building decentralised autonomous organisations (DAO).
How fast is Solana?
Solana has a base transaction per second (TPS) throughput of 50,000. Founder and CEO Anatoly Yakovenko intends to make the hybrid blockchain protocol even faster and is eyeing the 700,000 TPS mark. This would make Solana the fastest-processing dApp protocol in the blockchain ecosystem.