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Solana(SOL)
Live SOL Price
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About Solana
This page brings together available market information for Solana (SOL) and the buy-and-sell options currently available through Coinbox.
For educational purposes only; not investment advice. Digital assets are volatile and may lose value. Before acting, consider the asset and price, issuer (where applicable), network, and counterparty risks. Displayed market data may be delayed; the applicable price and terms are shown before you confirm an action.
Market Stats
- Market Cap
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- 24h Volume
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- Circulating Supply
- 460.00M SOL
- Max Supply
- Unlimited
- Range High (1D)
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- Range Low (1D)
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- Market Rank
- #5
Latest News
You pay
₪
You receive
SOL
Resources
Baskets that include SOL
Frequently Asked Questions about Solana
What is Solana?
Solana, launched in 2020 by Anatoly Yakovenko, is an independent Layer 1 blockchain based on a unique consensus mechanism called Proof of History, which lets it deliver unprecedented transaction speed and near-zero fees. The coin is widely regarded as Ethereum's major rival (an "Ethereum killer") for solving the scaling problem, and it is used to pay network fees, stake, and run complex smart contracts. Solana's ecosystem is now a leader in decentralised finance (DeFi), NFT platforms, and community tokens (meme coins).
How does Solana work?
Solana combines Proof of Stake with Proof of History (PoH) consensus to order transactions, enabling throughput of thousands of transactions per second with sub-cent fees.
Who founded Solana?
Solana was founded in 2017 by Anatoly Yakovenko alongside key engineers formerly from Qualcomm and Dropbox.