$SOL Solana (SOL) is a cryptocurrency with a current price of around $146.53-$147.11 USD, boasting a market capitalization of approximately $75.85 billion-$76.07 billion USD. Its 24-hour trading volume is around $2.77 billion-$2.88 billion USD.
*Key Statistics:*
- *Current Price*: $146.53-$147.11 USD
- *Market Capitalization*: $75.85 billion-$76.07 billion USD
- *24-hour Trading Volume*: $2.77 billion-$2.88 billion USD
- *Circulating Supply*: 517.67 million SOL
- *All-time High*: $294.33-$295.00 USD (reached on January 19, 2025)
*Recent Performance:*
- Solana's price has decreased by 0.85%-1.49% in the last 24 hours
- It's down 1.32%-2.90% in the past week
- However, SOL has shown a 16.88%-17.15% increase in the last month
*What's Behind Solana's Value?*
Solana is a decentralized computing platform that uses SOL to pay for transactions. Its hybrid consensus model combines proof-of-history (PoH) and proof-of-stake (PoS), allowing for fast and scalable transactions. This makes Solana a popular choice for developers building decentralized applications (dApps) and decentralized finance (DeFi) platforms
