What is 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.

How does Solana (SOL) work?

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.

What is Solana (SOL) used for?

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

What Is the Market Cap of SOL?

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.

What is Solana’s (SOL) Circulating Supply?

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

How to Buy Solana (SOL)?

SOL (Solana) currently has a market capitalization of 120 691 497 624,29 USD

Set real-time Solana (SOL) price alerts in US Dollar (USD). Get notified by email or with the TabTrader app when SOL or other 20k+ cryptocurrencies hits your chosen price level.

Track Solana (SOL) price alerts

Price alert

SOL

05:32, 23 listopada 2024 0

Zaawansowany wykres

SOL Dane na żywo o cenie ( Solana )

SOL is gaining momentum this week

As of today, according to the TabTrader Converter, Solana is valued at 254,256 USD, with a 24-hour trading volume amounting to 7,68 mld USD. SOL has fallen by -1.57%% in the past 24 hours and has increased by +49.27%% over the last month. The total supply of SOL is 588,78 mln USD, while the current circulating supply is 474,69 mln USD.

Wartość rynkowa

120,69 mld USD

Podaż w obiegu

474,69 mln USD

Wolumen (24h)

7,68 mld USD

Fully Diluted Market Cap

149,7 mld USD

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FAQs on Solana crypto price alerts

: 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 120 691 497 624,29 USD