$SOL As of May 12, 2025, Solana (SOL) is trading at approximately $176.54 USD, reflecting a 2.19% increase over the past 24 hours. In the United Arab Emirates Dirham (AED), this equates to around AED 648.50. 

Market Overview

• 24-Hour Range: $169.99 – $179.46 USD

• Market Cap: Approximately $92.9 billion USD

• 24-Hour Trading Volume: Around $4.38 billion USD

• Circulating Supply: Approximately 519.3 million SOL  

Recent Developments

Solana’s price has been on an upward trajectory, recently reaching its highest point since March 3, 2025. This rally is attributed to increased network activity, including a surge in decentralized finance (DeFi) applications and non-fungible token (NFT) projects on the Solana blockchain.