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SOL Price Live Data ( Solana )

SOL is on the decrease this week

Solana price today is IDR 1,414,657 with a 24-hour trading volume of IDR 68,703,942,061,302. Solana is down -1.18% in the last 24 hours. Over the past hour the price of SOL has risen by +0.32%. The total supply of SOL is $620,122,610.75 and the current circulating supply is set at $567,523,788.96. The current Coingecko ranking of SOL is 7.

Market cap
$803.08T
Circulating supply
$567.52M
Volume (24h)
$68.7T
Fully Diluted Market Cap
$52.36B

As of today at 9:02 PM , converting 1 Solana (SOL) to IDR using TabTrader, based on the CoinGecko conversion rate, gives you an equivalent value of 1414657 IDR. The current exchange rate is 1 SOL = IDR 1,414,657 IDR, while 1 IDR equals SOL.

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About Solana (SOL)

SOL is the native currency of Solana — a layer-1 public blockchain platform with smart contract functionality. Solana was first proposed by software engineer Anatoly Yakovenko in 2017 and launched in 2020.

Solana aims to achieve high transaction speeds without sacrificing decentralization. It currently has a throughput of 50,000 to 65,000 transactions per second, making Solana one of the fastest blockchains in existence.

Like Ethereum, Solana both maintains a distributed payment network and functions as a decentralized computing platform for creating and deploying decentralized applications (DApps).

Solana's high throughput and short transaction processing times are largely due to its unique consensus mechanism —  a combination of Proof-of-Stake (PoS) and Proof-of-History (PoH).Proof-of-History (PoH) creates a time-stamped record of all transactions on the network, enabling nodes to quickly verify the order of transactions without the need for continuous communication. This approach reduces the time and energy required for consensus.

Solana is a public, open-source blockchain, built to host scalable decentralized applications (dApps) and facilitate transactions in its native cryptocurrency SOL.

 SOL (Solana) currently has a market capitalization of IDR 803,075,559,323,267.00