$SOL Altcoin (altcoin) is any cryptocurrency or token that is not Bitcoin. They can have completely different functions (and even have no utility, as is the case with meme coins).

The popularity of the altcoin Solana significantly increased in 2024 in the context of the launch of numerous meme tokens on its blockchain. At one point, the network even surpassed Ethereum in activity. Four years ago, in May 2020, the altcoin Solana was worth $0.50. Since then, its price has increased by 28,481%, to $145.