Solana $SOL

$103.94 -1.56%
Smart Contract PlatformSolana EcosystemLayer 1 (L1)FTX HoldingsMulticoin Capital PortfolioProof of Stake (PoS)Alameda Research PortfolioAndreessen Horowitz (a16z) Portfolio
Market Cap
$61.26B
24h Volume
$2.43B
24h Change
-1.56%

Price (7D)

SOL Markets

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PairDEXChainPrice24h VolumeLiquidity
SOL/USDC Orca Solana $103.99 $116.23M $28.75M
Claude/SOL PumpSwap Solana $0.0₃172 $46.91M $493.74k
NVDA/SOL PumpSwap Solana $0.0₄207 $44.26M $507.69k
HOOD/SOL PumpSwap Solana $0.0₄428 $38.83M $442.89k
SOL/USDC Meteora Solana $103.84 $38.48M $4.52M
AMZN/SOL PumpSwap Solana $0.0₄953 $37.65M $504.75k
SPCX/SOL Meteora DAMM V2 Solana $0.0₃675 $35.97M $713.61k
ROCKSTAR/SOL PumpSwap Solana $0.0₃181 $34.39M $418.1k
SNOWMOON/SOL PumpSwap Solana $0.0₃289 $34.29M $387.72k
CASHBIRD/SOL PumpSwap Solana $0.0₃202 $33.55M $371.63k
HOOD/SOL PumpSwap Solana $0.0₄293 $33.29M $501.49k
AAPL/SOL PumpSwap Solana $0.0₄311 $32.77M $520.28k

About Solana

Solana is a high-performance Layer 1 blockchain designed for mass adoption by providing a fast, secure, and low-cost environment for decentralized applications. It distinguishes itself by scaling globally without the use of complex sharding or multiple layers, instead maintaining a single, unified ledger to avoid liquidity fragmentation. This architecture allows it to process thousands of transactions per second with sub-second finality, often at a cost of less than a penny per transaction.

The network operates on a unique hybrid model that combines Proof of Stake with an innovation called Proof of History, which functions as a decentralized clock to timestamp transactions. This system reduces the need for constant node communication, allowing the Sealevel engine to run non-conflicting smart contracts in parallel across multiple CPU cores. Further efficiency is gained through the Gulf Stream protocol, which reduces confirmation times by forwarding transactions to validators before the current block is finished.

Founded in 2017 by Anatoly Yakovenko, Solana is now supported by the Switzerland-based Solana Foundation and significant institutional investors like Andreessen Horowitz and Polychain Capital. The platform’s native token, SOL, serves as the primary currency for paying transaction fees, participating in network governance, and securing the system through staking.