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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 =

$ 32.549

-0.025 -0.08%

15:08:08 - Real-time Data . ( Disclaimer )

Market Cap:

$11.20B

Circulating Supply:

SOL343.29M

Max Supply:

SOL0

Vol (24H):

$1.54B

Chg (7D):

-15.19%

Day's Range:

32.502 - 35.332

Investing.com Index

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

Solana News

STEPN’s DEX Surpasses Orca to Become Largest Decentralized Exchange on Solana Coindesk

The anonymous founder of the Solend protocol has expressed interest in integrating STEPN’s tokens into its lending platform.

Cryptocurrency ‘Altcoins’ Lead Crypto Slide as Bitcoin Bounces Around $20,000

First Mover Asia: Bitcoin Holds Above $21K in Weekend Trading;...

Crypto community shares divided opinion regarding the Solana mobile phone launch

Cryptocurrency Crypto community shares divided opinion regarding the Solana...

Cryptocurrency Why Solana Has Outperformed Ethereum, SOL Up 36% In One Week

Show more News

Solana Analysis & Opinion

Bitcoin of America Adds Bitcoin Cash to ATMs; Norway Embraces Public Ethereum; Yearn Finance Spikes 42%

By KryptoMoney - Jun 25, 2022

Bitcoin of America has announced the newest additions to its...

Crypto Price Analysis June-24: Ethereum, Ripple, Cardano, Binance Coin, and Solana

By CryptoPotato - Jun 24, 2022

This week, we take a closer look at Ethereum, Ripple, Cardano,...

Crypto Price Analysis June-16: Ethereum, Ripple, Cardano, Solana, and Tron

By CryptoPotato - Jun 16, 2022

This week, we take a closer look at Ethereum, Ripple, Cardano,...

Crypto Price Analysis June-10: Ethereum, Cardano, Solana, Chainlink, and NEAR Protocol

By CryptoPotato - Jun 10, 2022

This week, we take a closer look at Ethereum, Cardano, Solana,...

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Solana will outperform Ethereum

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Leading Cryptocurrencies

Bitcoin $19,383.9 BTC -3.28%
Ethereum $1,051.23 ETH -3.67%
Tether $0.9991 USDT -0.04%
USD Coin $1.0014 USDC -0.00%
BNB $219.71 BNB +0.60%

ICO Calendar

Electronic Energy Ongoing (1)
GrounderCoin Completed (500)

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.