$SOL [5/18, 9:52 PM] Meta AI: Solana (SOL) is currently trading at around $175.81 with a 6.58% increase in the last 24 hours. Its market capitalization stands at approximately $91.41 billion.
*Key Features:*
- *Blockchain Technology*: Solana uses a hybrid consensus model combining proof-of-history (PoH) and proof-of-stake (PoS) to improve scalability and facilitate decentralized application (dApp) creation.
- *Native Token*: SOL is used for governance, staking, and transaction fees on the Solana network.
- *Decentralized Finance (DeFi)*: Solana supports various DeFi applications, including lending, borrowing, and yield farming.
*Where to Buy:*
You can buy Solana (SOL) on various cryptocurrency exchanges, including ¹ ²:
- *Binance*: One of the most popular exchanges for buying and trading SOL.
- *Bitget*: Offers SOL/USDT trading pairs with significant trading volume.
- *MEXC*: Features SOL/USDT trading pairs with high liquidity.
- *Coinbase Exchange*: Allows users to buy and trade SOL with USD.
*Price Performance:*
- *24-hour Range*: $164.56 - $176.49
- *All-Time High*: $294.33 (January 19, 2025)
- *All-Time Low*: $0.5052 (May
[5/18, 9:52 PM] Meta AI: Solana (SOL) is currently trading at around $175.81 with a 6.58% increase in the last 24 hours. Its market capitalization stands at approximately $91.41 billion.
*Key Features:*
- *Blockchain Technology*: Solana uses a hybrid consensus model combining proof-of-history (PoH) and proof-of-stake (PoS) to improve scalability and facilitate decentralized application (dApp) creation.
- *Native Token*: SOL is used for governance, staking, and transaction fees on the Solana network.
- *Decentralized Finance (DeFi)*: Solana supports various DeFi applications, including lending, borrowing, and yield farming.
