$SOL Solana's current price is $143.37, with a 2.21% increase over the last day. The cryptocurrency has a market capitalization of $74.29 billion and a 24-hour trading volume of $1.71 billion. Here are some key statistics ¹:
- *Market Cap*: $74.29 billion (2.19% increase)
- *24h Trading Volume*: $1.71 billion (10.96% increase)
- *Circulating Supply*: 518.19 million SOL
- *Max Supply*: Unlimited
- *All-time High*: $294.33 (January 19, 2025)
- *All-time Low*: $0.5052 (May 11, 2020)
Solana is a decentralized computing platform that uses SOL to pay for transactions. It aims to improve blockchain scalability by combining proof-of-history (PoH) consensus with proof-of-stake (PoS) consensus. Solana's fast transaction processing and low fees have made it a popular choice for developers and users ² ¹.
Some notable developments in the Solana ecosystem include ³:
- *Onchain Holiday*: A Solana-powered 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
You can buy Solana on various cryptocurrency exchanges, such as Coinbase or Kraken. The current exchange rate is around 1 SOL = $146.67 USD.
