$SOL Solana is a high-performance blockchain known for its speed and low transaction costs. Its price often goes up and down due to market demand, investor sentiment, and network activity. When Solana gains popularity through NFT or DeFi use, its value tends to rise. However, technical issues or broader crypto market downturns can lead to sharp declines. Like most cryptocurrencies, Solana is highly volatile and influenced by both internal developments and global market trends.
