SOL Live Price
Overview
Price
$258.81
24h% change
-0.5%
Volume (24h)
$9.061B
Market Cap
$122.817B
What Is Solana
Solana stands out as a Layer 1 blockchain that prioritizes rapid transaction speeds and cost-effectiveness for users. Functioning as a robust platform, it supports smart contracts and facilitates the development of decentralized applications (dApps). Within the Solana ecosystem, diverse projects emerge, ranging from various decentralized finance (DeFi) platforms to vibrant NFT marketplaces. Users can engage in the acquisition of Solana-based NFT projects within these marketplaces.
What sets Solana apart is its exceptional performance, obviating the need for a conventional Layer 2 scaling solution. Instead, Layer 2 solutions on Solana focus on fostering interoperability and establishing connections with other blockchain networks.
Solana adopts a hybrid consensus mechanism, combining the innovative Proof-of-History (PoH) with the more prevalent Proof-of-Stake. This strategic integration aims to expedite consensus formation while alleviating the computational burden, addressing the challenges posed by the blockchain trilemma. In doing so, Solana strives to find a harmonious balance among decentralization, security, and scalability for developers.
Where to Accept sol?
We offer easy crypto currency payment solutions through our service, allowing you to receive Solana and over 233 other digital monies. Improve your customers' experiences and broaden your payment choices without hassle.
What is the all-time high for Solana (sol)?
Solana ’s historic highest price is $262.96, which was recorded on 23rd of November 2024. Currently, Solana ’s price is %1.6 Lower than its historic high.
What is the all-time low for Solana (sol)?
Solana ’s historic lowest price is $0.50080, which was recorded on 1st of January 1970. Currently, Solana ’s price is %51583.3 Higher than its historic low.
What are the most important factors affecting the price of Solana (sol)?
Let's take a look at the important factors that impact Solana 's worth, such as how many people want to buy or sell it and how available it is. Other influences include what's being said about it on the news and internet, changes in the global economy and politics, and rules Governments set for using it.
