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Market Data
Solana Price
$74.1
Solana 24h Change
-3.88%
Solana 7d Change
-11.13%
Solana Market Cap
$42.91B
Solana 24h Volume
$4.13B
Solana FDV
$46.56B
Solana Circulating Supply
578,442,458
Solana All-Time High
$293.31
Solana Total Funding Raised
$335.76M
About Solana
SOL is the native utility and governance token of the Solana blockchain, a high-performance Layer 1 protocol designed for mass adoption through high throughput and sub-second finality. Launched in 2020, SOL is used for paying transaction fees, participating in network governance, and securing the network through staking. The Solana network distinguishes itself with a unique hybrid consensus mechanism combining Proof of Stake (PoS) with Proof of History (PoH), a decentralized clock that timestamps transactions to optimize efficiency. This architecture allows the Sealevel engine to execute smart contracts in parallel and utilizes the Gulf Stream protocol to forward transactions to validators before blocks are finalized. Solana supports a diverse ecosystem spanning DeFi, NFTs, and institutional solutions, including USDC settlement and spot ETFs. The network's development is supported by the Switzerland-based Solana Foundation and backed by major institutional investors.
Developer & Community
GitHub Stars
11,071
GitHub Forks
3,516
PRs Merged
23,614
Contributors
411
Commits (4 weeks)
171
Telegram Users
3,125
Alameda Research Portfolio Alleged SEC Securities Andreessen Horowitz (a16z) Portfolio CoinList Launchpad Coinbase 50 Index Delphi Ventures Portfolio FTX Holdings GMCI 30 Index GMCI Index GMCI Layer 1 Index Governance Infra Layer 1 (L1) Layer1 Made in USA Multicoin Capital Portfolio Polychain Capital Portfolio Proof of Stake (PoS) Smart Contract Platform Solana Ecosystem Staking Utility
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