Solana (SOL)
Rank #6 by Market Cap
About Solana
Solana is a high-performance blockchain platform designed for decentralized apps and crypto applications. Known for its fast transaction speeds and low costs, Solana uses a unique proof-of-history consensus mechanism.
Key Information
Solana Price Analysis
24-Hour Performance
The Solana price has decreased by 0.30% in the last 24 hours, reaching $193.95. The trading volume of $2.94B indicates moderate market activity.
7-Day Trend
Over the past week, Solana has increased by 4.28%, showing moderate performance in the cryptocurrency market.
Market Position
Solana ranks #6 by market capitalization, holding approximately 4.79% of the total cryptocurrency market. Its current market cap of $106.59B reflects strong market confidence.
Frequently Asked Questions About Solana
What is Solana?
Solana is a high-performance blockchain platform designed for decentralized apps and crypto applications. Known for its fast transaction speeds and low costs, Solana uses a unique proof-of-history consensus mechanism.
What is the current Solana price?
The current Solana price is $193.95, updated in real-time. Solana has a market capitalization of $106.59B and a 24-hour trading volume of $2.94B.
How much is Solana worth?
Solana is currently valued at $193.95 per token, with a total market capitalization of $106.59B, ranking it #6 among all cryptocurrencies.
Is Solana a good investment?
This is not financial advice. Solana is a cryptocurrency with significant market capitalization and strong market performance. Cryptocurrency investments carry risk, and you should do thorough research and consult with financial professionals before investing.
Where can I buy Solana?
Solana can be purchased on major cryptocurrency exchanges including Binance, Coinbase, Kraken, and others. Always use reputable exchanges and do thorough research before investing in any cryptocurrency.
What is Solana used for?
Solana serves as a digital asset used in various blockchain applications and payment systems.