$SOL

**Solana (SOL) Overview**

Solana (SOL) is a high-performance blockchain platform designed for decentralized applications (dApps) and scalable crypto solutions. As of April 2025, SOL is priced at approximately **$133.73**, ranking as the **6th largest cryptocurrency** by market cap at **$69.05 billion**. Known for its **hybrid consensus mechanism**—combining Proof-of-Stake (PoS) with Proof-of-History (PoH)—Solana achieves **high throughput (50,000+ TPS)** and **low transaction fees (under $0.0025)**, making it a strong competitor to Ethereum. Despite past network outages, Solana has seen growing adoption in DeFi, NFTs, and institutional interest, including potential **spot ETF filings**. Its ecosystem supports projects like Serum DEX and Helium, while SOL’s utility includes staking, transaction fees, and governance. Recent trends show a **13.37% weekly price surge**, reflecting bullish sentiment. However, SOL remains **54% below its all-time high of $294.33** (January 2025). Analysts debate its long-term potential against Ethereum’s upgrades, but Solana’s speed and cost efficiency continue attracting developers and investors.

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For deeper insights, explore [CoinMarketCap](https://coinmarketcap.com/currencies/solana/) or [CoinGecko](https://www.coingecko.com/en/coins/solana).