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SOL Price
Solana SOL
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What is Solana SOL?
The SOL altcoin is the native token of Solana, a public blockchain protocol that provides developers with an efficient way to create decentralised applications. The company is currently based in malta, and was founded by Anatoly Yakovenko. Yakovenko published the white paper in 2017, Proof of History (PoH), which later became a fundamental element of the Solana network. SOL tokens launched in 2020, and can now be traded on exchanges as well as used within the network. The tokens can be split into fractions known as Lamports, and one Lamport is equal to 0.0000000000582 SOL.

The SOL altcoin has two main uses within the Solana network. It can be used to pay fees for sending transactions or running smart contracts, but can also be used for staking, to help secure the network. Staking can earn users inflation rewards. SOL can also be traded on various cryptocurrency exchanges, although as a small market cap cryptocurrency, not every exchange will offer it.

Track the value of SOL and other cryptoassets here on eToro.
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SOL Price

Solana Price SOL

$193.645.09(2.7%)(1D)

SOL Price Chart

-27.84%
Past Month
1D
1W
1M
6M
1Y
3Y
MAX
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*Past performance is not an indication of future results
Asset negative trend

The Solana price is on the decline this week.

i
A ‘rising’ price indicates that the weekly price has increased by more than 0.5%.
A price ‘on the decline’ indicates that the weekly price has decreased by more than 0.5%.
A ‘stable’ price indicates that the change in weekly price is between -0.5% and 0.5%.
The Solana price today is 193.64, a 2.7% change in the last 24 hours and -17% in the past week. Solana’s 24-hour trading volume is 5.26B and its current market capitalization is 89.08B. Solana price changed by 100.44% in the past year.
Market Cap
i
The total value of a cryptoasset, found by multiplying the price by the total number of coins in circulation.
$89.08B
Day's Range
i
Shows the high and low prices of the day.
173.25 - 216.53
52 Week Range
i
Shows the high and low prices of the last year.
66.17 - 261.75
Volume (1D)
i
A measure of how much of an asset was traded in the last day.
5.26B
Market Rank
i
This crypto’s rank against other crypto by market cap.
6
All time high
i
The highest recorded price of an asset since its launch.
$261.75
All time low
i
The lowest recorded price of an asset since its launch.
$7.86
Price Change YTD
i
The amount the price of an asset has changed in the current calendar year.
77.98
What Is Solana?

Solana is a fast, open-source blockchain platform that supports various applications, including the minting and trading of non-fungible tokens (NFTs), the development of decentralised finance (DeFi) platforms and the creation of blockchain-based games.

Unlike early cryptocurrencies, which rely on energy-heavy systems, Solana uses a unique Proof of History (PoH) mechanism to process transactions quickly.

Thanks to its unique Proof of History algorithm, Solana has become well known for its fast and affordable transactions, while Solana Pay, the network’s innovative framework, enables direct, hassle-free payments between customers and merchants.

To learn more about Solana, take a look at our “What is Solana?” article.

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How can I buy Solana ?

To purchase Solana:
01

Create an eToro account:

Sign up for an eToro account and verify your identity.
02

Deposit funds:

Deposit funds into your eToro account using your preferred payment method.
03

Search and purchase:

Search the Solana (SOL) page and place an order to buy Solana.
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Looking for more information? Check out our guide on buying Solana.
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How to Buy Solana (SOL)
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Solana (SOL) is one of the most popular altcoins in the cryptocurrency market, but what is Solana and is SOL a good potential investment?
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Trade Solana
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FAQ

The current price of SOL is 193.64
The market capitalisation of Solana is 89.08B
Solana's all-time high is 261.75
Solana has a 24-hour trading volume of 5.26B
Select the "1D" or "1W" timeframe on the eToro chart and zoom out to see the historical price movements of Solana. The price of Solana has ranged between 66.17 and 261.75 over the last year.
Solana (SOL) is fairly secure, although it is primarily known for its speed and affordability. The network has fallen victim to breaches and outtages previously, although Solana still uses blockchain technology to ensure transactions are unchangeable, transparent and validated.
To buy SOL, visit the "Solana (SOL)" page. Once you have created an account and deposited funds, click the "Trade" button and decide how much Solana you want to purchase. You can also place an order that will buy SOL at a specific price in the future.
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