Solana SOL#7
Live Solana (SOL) price, market cap and chart — Altcoins. Data via Binance; market cap from live price × curated circulating supply. Updated continuously.
About Solana
Solana (SOL) is a high-performance blockchain built for speed and low fees. Launched in 2020, it uses an unusual design — combining proof-of-stake with a timing mechanism called proof-of-history — to process transactions very quickly and cheaply, which has made it popular for trading apps, NFTs, payments and consumer crypto. SOL is used to pay fees and to stake, helping secure the network.
Solana’s throughput is its headline feature and its reputation risk: the network suffered several outages in its earlier years, and critics argue its speed comes with more centralised, hardware-heavy validators. Reliability has improved and the developer ecosystem is among the most active in crypto, but SOL remains a volatile, high-risk asset competing directly with Ethereum and its layer-2s for users and capital.
Solana tokenomics
| Market cap rank | #7 |
| Circulating supply | 475.00M SOL |
| Max supply | No fixed cap |
| All-time high | $295.83 -73.41% |
| All-time low | $1.03 |
| Launched | 2020 |
All-time high and low are approximate, derived from Binance market history since SOL listed there.
Solana is a fast, low-fee proof-of-stake blockchain using proof-of-history for ordering. SOL pays fees and secures the chain via staking. It hosts an active ecosystem of trading, NFT and consumer apps.
Solana’s pitch is performance — cheap, fast transactions at scale. The watch-items are reliability (early outages dented trust) and how decentralised the validator set really is. It is in a direct fight with Ethereum’s ecosystem for developers and users, so its value tracks whether that activity keeps growing. Volatile and high-risk.
First Light shows what’s happening and why it matters — a clarity tool, not a prediction. Not financial advice.
What the market thinks
Live odds from Polymarket prediction markets mentioning Solana. These reflect what traders are betting — not fact, and not financial advice.
Solana vs peers
| Coin | Price | 24h | Market Cap |
|---|---|---|---|
| Solana SOL | $78.67 | -2.35% | $37.37B |
| BNB BNB | $569.27 | -1.40% | $79.70B |
| XRP XRP | $1.09 | -2.52% | $63.48B |
| TRON TRX | $0.3298 | -0.15% | $28.56B |
| Cardano ADA | $0.1705 | -4.91% | $6.05B |
| Stellar XLM | $0.1871 | -3.71% | $5.71B |
Solana FAQ
What is Solana?
Solana is a high-speed, low-fee blockchain that uses proof-of-stake plus proof-of-history. Its token, SOL, pays fees and secures the network through staking.
Why is Solana known for speed?
Its design orders transactions with a timing mechanism (proof-of-history) that lets validators process a very high number of transactions per second at low cost.
Has Solana had outages?
Yes. The network experienced several outages in its earlier years. Reliability has since improved, but it remains a point critics watch.
Where does the SOL price come from?
The live SOL price, 24-hour change and volume come from Binance public market data.