Solana

Solana PriceSOL

Rank #5

$153.91

+1.96%

About Solana (SOL)

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Website

solana.com

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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

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24H High$158.91
24H Low$150.64
24H Volume$51.91M
Market Cap
$80.07B
All-Time High(ATH)$293.31
Circulating Supply
522.41M SOL
All-Time Low(ATL)$0.5008
Total Supply
602.12M SOL
Market Cap/FDV
82.1%
Max Supply
Fully Diluted Valuation
$92.28B
Market SentimentPositive

Live Solana (SOL) Price Update

Solana price today is $153.91 with a 24-hour trading volume of $51.91M, and as such Solana has a market cap of $80.07B, giving it a market dominance of 4.047%. The Solana price moved +1.96% in the last 24 hours.

Time period
Change amount
% Change
1H-$0.1849-0.12%
24H+$2.95+1.96%
7D-$23.05-13.03%
30D+$6.50+4.41%
1Y-$12.58-7.56%

Credibility Indicators

90.38
Reliability Score
PercentileTOP 5%

Popular SOL Exchanges

Team Members

Anatoly Yakovenko
Anatoly YakovenkoFounder CEO
Greg Fitzgerald
Greg FitzgeraldCo-Founder CTO
Eric Williams
Eric WilliamsCo-Founder Chief Scientist
Nikita Bier
Nikita BierAdvisor

Investors

Andreessen Horowitz (a16z)Andreessen Horowitz (a16z)
Delphi DigitalDelphi Digital
CMS HoldingsCMS Holdings
CoinFundCoinFund
Blockchange VenturesBlockchange Ventures
Blocktower CapitalBlocktower Capital
CoinSharesCoinShares
Alameda ResearchAlameda Research

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