$SOL

The current price of Solana (SOL) is approximately $169.80 USD, with a 24-hour trading volume of around $4.94 billion USD. It has a circulating supply of about 519.94 million SOL and a market cap of roughly $86.68 billion USD, ranking it #6 among cryptocurrencies. The price is down 6.48% in the last 24 hours and 6.42% over the past week, but up 19.53% from last month. Its all-time high was $294.85 on January 19, 2025, and its all-time low was $0.505.

Solana is a high-performance layer-1 blockchain known for its scalability, processing up to 50,000 transactions per second using a hybrid Proof-of-History (PoH) and Proof-of-Stake (PoS) consensus. SOL is used for transaction fees, staking, and governance. The ecosystem supports DeFi, NFTs, and dApps, with popular tokens like Dogwifhat and Bonk. However, it has faced criticism for outages and perceived centralization.

Sentiment on X is mixed: some praise Solana’s speed and upcoming upgrades like Alpenglow, while others call it centralized or a “scam” hub, favoring Ethereum or Base. Always verify X posts, as they can be speculative.For real-time updates or to buy SOL, check exchanges like Binance, Coinbase, or Kraken. Be aware of crypto’s volatility and risks.