$SOL

Solana's current price is $143.37, with a 2.21% increase in the last 24 hours. Here's a breakdown of its market performance ¹:

- *Market Cap*: $74.29 billion, ranking #6 on CoinMarketCap

- *24h Trading Volume*: $1.71 billion, with a 10.96% increase

- *Circulating Supply*: 518.19 million SOL

- *All-Time High*: $294.33, reached on January 19, 2025

Some notable developments in the Solana ecosystem include ² ³:

- *Onchain Holiday*: A shopping event allowing users to spend stablecoins and memecoins on merchandise from various brands

- *Confidential Balances Token Extensions*: Enabling confidentiality without sacrificing regulatory compliance

- *Solana Accelerate*: An event in New York City celebrating American innovation

- Franklin Templeton's Onchain U.S. Government Money Fund: Extended to Solana, allowing users to access the fund via the BENJI platform

Solana's price has been influenced by various factors, including ³:

- *User Activity*: A surge in user activity has pushed SOL's price up 16% in April

- *Institutional Interest*: SUI, a competing blockchain, has surpassed Solana in April inflows, potentially positioning it as a strong alternative

- *Market Trends*: Solana's price has decreased by 0.01% in the last hour and increased by 0.95% in the past 24 hours