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An icon of the cryptocurrency Solana (SOL)

Solana (SOL) price

Solana (SOL) live price in US dollar (USD). View value statistics, market cap and supply.

SOL price chart

Price to USD
24h change
$ 162.05
+10.27%
$

Convert SOL to USD

Use the calculator to convert real-time prices between all available cryptocurrencies and fiat.

SOL value statistics

An overview showing the statistics of Solana, such as the base and quote currency, the rank, and trading volume.

Price to USD $ 162.05
Price to BTC 0.00339 BTC
Rank
7
24h volume
$ 4.96 billion
Market cap
$ 48.12 billion
Fully diluted market cap
$ 81.75 billion
All-time high (daily avg.)
$ 190.32 on 9/9/2021

Supply information

View the total and circulating supply of Solana, including details on how the supplies are calculated.

Details
Total supply 504.51 million SOL
Burned, team or smart contract locked balances. - 207.54 million SOL
Circulating supply 296.97 million SOL
Verified supply
58.9%
Updated 1 minute ago
Circulating supply
296.97 million SOL
Total supply
504.51 million SOL
Issuance blockchain
Solana

What is Solana

Solana is a high-performance cryptocurrency blockchain which supports smart contracts and decentralized applications. It uses a proof of stake consensus mechanism with a low barrier to entry along with timestamped transactions to maximize efficiency.This allows Solana to process 50-65 000 transactions per second with a theoretical limit of over 700 00 transactions per second (compared to Bitcoin’s 7 TPS and Ethereum’s 15 TPS). In contrast to other similar projects such as Polkadot.
The team at Solana has designed their blockchain with a long-term vision in mind. This comes from founder Anatoly Yakovenko’s own experience watching telecommunications technologies almost double in capability every year during his time at Qualcomm.
Solana is developed by a company of the same name which is based in San Diego, California. The Solana team consists of former Qualcomm, Google, Apple, Microsoft, and Dropbox employees. In addition to being based on similar database technologies used by Google and Microsoft, Solana’s architecture is also inspired by Filecoin, a decentralized data storage cryptocurrency project.

How does Solana Work?

Disclaimer: Solana is incredibly complex. Start with a term you may have heard if you have looked at the project before: Proof of History (PoH). PoH is not a consensus mechanism. Rather, it is a component in Solana’s Proof of Stake consensus. PoH involves timestamping transactions when they are added to a Solana block. A new block on Solana is generated every 400ms (compared to Ethereum’s roughly 15 seconds and Bitcoin’s 10 minutes).Without getting into too much detail, the decentralized clock which is used as reference for the timestamps is the SHA256 hash function. SHA256 may sound familiar because it is used in Bitcoin’s Proof of Work consensus mechanism. However, instead of working to “solve” the hash functions to produce a new block, Solana instead uses SHA256’s repetitive outputs as reference – timestamps. This produces a sort of “clock tick” where each clock tick is 400ms (instead of one second like a regular clock).
 

Top Solana exchanges

The top crypto exchanges that have Solana available for trading, ranked by 24h trading volume and the current price.

Exchange 24h volume
$ 2.02 billion
$ 161.94
$ 752.04 million
$ 161.98
$ 479.75 million
$ 162.00
$ 381.84 million
$ 162.14
$ 193.64 million
$ 162.19
All SOL exchanges

Top Solana markets

A list of the top Solana markets across all crypto exchanges based on the highest 24h trading volume, with their current price.

Market 24h volume
1 SOL/USDT Binance
$ 1.37 billion
$ 161.94
2 SOL/USD FTX
$ 295.45 million
$ 162.14
3 SOL/BUSD Binance
$ 294.13 million
$ 161.87
4 SOL/USDT OKEx
$ 291.00 million
$ 162.05
5 SOL/USDT Huobi Global
$ 178.85 million
$ 162.20
All SOL markets
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