$SOL

$SOL refers to the native cryptocurrency of the Solana blockchain, which is currently trading at around $143.37-$146.39. Solana is a decentralized computing platform designed to facilitate decentralized finance (DeFi) solutions and improve blockchain scalability using a hybrid consensus model.

*Key Stats:*

- *Market Cap*: $74.29 billion-$77.68 billion

- *24-hour Trading Volume*: $1.71 billion-$1.81 billion

- *Circulating Supply*: 518.19 million SOL

- *All-Time High*: $294.33-$294.85

*Recent News:*

- Solana fixed a critical bug that could have allowed unlimited token minting, but faced backlash over decentralization and validator collusion risks.

- Institutional investors are showing interest in Solana, with some analysts predicting potential approval of SOL spot ETFs by the SEC.

- Solana's user activity surged in April, pushing SOL's price up 16% and positioning it for potential gains ¹ ² ³.