$SOL

The current price of Solana ($SOL) is approximately $165.50 USD, with a 24-hour trading volume of around $2.8 billion USD. It has a market cap of about $85.8 billion, ranking it #5 among cryptocurrencies. The price is down 0.9% in the last 24 hours and 0.22% over the past week. Solana’s all-time high was $294.33 on January 19, 2025, and it’s currently 48.6% below that peak. Its all-time low was $0.505, making the current price a 29,117.71% increase from that point. There’s a circulating supply of 518.07 million SOL out of a total supply of 599.77 million.

Solana is a high-performance layer-1 blockchain known for its scalability, processing up to 50,000 transactions per second with low fees (less than $0.0025 per transaction). It uses a hybrid Proof-of-History (PoH) and Proof-of-Stake (PoS) consensus to ensure fast, secure, and decentralized transactions. SOL is used for transaction fees, staking, and governance, supporting DeFi, NFTs, and dApps. Despite its strengths, Solana has faced criticism for past network outages and perceived centralization, with some X users calling it a "scammy meme chain" while others praise its tech and ecosystem growth.For real-time updates, you can check platforms like CoinMarketCap, Coinbase, or Binance.

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