$SOL Solana's current price is around $128.17, with a 24-hour trading volume of $2.57 billion and a market cap of $65.38 billion ¹. The cryptocurrency has seen a significant price increase, rising by 0.65% in the past 24 hours, but dropping by 4.28% in the past week ¹.

Solana has been making headlines lately, with its fifth birthday celebrations highlighting the network's explosive growth and trading activity ². The blockchain has processed over 400 billion transactions and has a trading volume of nearly $1 trillion ².

Some notable developments in the Solana ecosystem include:

- *Solana ETF*: A Solana exchange-traded fund (ETF) is set to debut in the US, allowing investors to gain exposure to the cryptocurrency ¹.

- *pNodes*: Xandeum has launched pNodes, a scalable, decentralized file system designed to support data-heavy Web3 applications on Solana ¹.

- *SIMD-228 Proposal*: A proposal to reduce SOL inflation by 80% has failed to meet the required vote threshold for approval ¹.

Overall, Solana continues to be a major player in the cryptocurrency space, with a strong focus on scalability, decentralization, and security ².