SOL
0.81 (-1.17% )
The live Solana (SOL) price is currently USD 69.01, down -1.17% in the last 24-hours. Solana is currently #7 by market capitalization, which is calculated by multiplying the current price (USD 69.01) with the circulating supply (580.52M), and has a total supply of 629.08M. Buy Solana at MoonPay's current rate:
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Solana is a high-performance blockchain designed to provide fast and scalable solutions for decentralized applications (dApps) and cryptocurrency transactions. It aims to address the scalability challenges faced by other blockchain networks, such as slow transaction speeds and high fees.
Solana was created to enable developers to build and deploy applications with improved performance, throughput, and security. It utilizes a unique combination of technologies and innovations to achieve its goals. These include a Proof of History (PoH) consensus mechanism, which helps in ordering and validating transactions, and a network architecture that enables parallel processing of transactions, significantly increasing the overall scalability.
One of the primary reasons for Solana's existence is to enhance the user experience by offering fast transactions and low fees. Traditional blockchain networks like Bitcoin and Ethereum face limitations in terms of transaction speed and scalability, leading to congestion and high fees during peak times.
Solana aims to overcome these challenges, enabling applications to handle high transaction volumes with minimal latency and lower fees, making it more practical for real-world use cases. SOL is the native token of the network.
Solana is a high-performance blockchain designed for speed and low transaction costs. It uses a unique combination of proof-of-stake and proof-of-history consensus mechanisms to process thousands of transactions per second. Solana was founded by Anatoly Yakovenko and launched in 2020. SOL is the native token of the network.
Solana has attracted significant developer activity and user adoption due to its fast transaction speeds and low fees. The network hosts a growing ecosystem of DeFi protocols, NFT platforms, and consumer applications. However, SOL is subject to price volatility and past network outages have raised reliability concerns. Only invest what you can afford to lose.
Buy Solana on MoonPay in minutes. Create an account, verify your identity, select SOL, choose your payment method (credit card, Apple Pay, bank transfer, PayPal, and more), and provide your wallet address. MoonPay delivers SOL directly to your wallet.
You can stake SOL by delegating your tokens to a validator on the Solana network. Staking helps secure the network and earns you rewards. Many Solana wallets like Phantom and Solflare offer built-in staking features that make the process straightforward.
Solana does not have a fixed maximum supply like Bitcoin. As of early 2026, there are over 590 million SOL in circulation. Solana has an inflationary model where new SOL is issued as staking rewards, but the inflation rate decreases over time according to a predefined schedule.
Solana is used for decentralized finance (DeFi), NFT trading, meme coin launches, decentralized exchanges, payments, gaming, and consumer applications. Its high throughput and low fees make it popular for use cases that require fast, affordable transactions.
No. Solana uses a proof-of-stake consensus mechanism, which means it cannot be mined using traditional mining hardware. Instead, SOL holders can stake their tokens to help validate transactions and earn staking rewards.
Price predictions for any cryptocurrency are speculative and should be treated with caution. Solana price will depend on factors like network adoption, ecosystem growth, competition from other blockchains, and broader market conditions. Always do your own research before making investment decisions.
Meme coins on Solana can be purchased on decentralized exchanges (DEXs) like Jupiter and Raydium. First, buy SOL on MoonPay and send it to a Solana wallet like Phantom. Then connect your wallet to a Solana DEX to swap SOL for the meme coin of your choice.
Solana price drops can be driven by a range of factors including broader crypto market sell-offs, negative sentiment, network outages or technical issues, regulatory uncertainty, and profit-taking after rallies. Short-term price movements do not necessarily reflect long-term fundamentals.
| Change | Amount | % |
|---|---|---|
| Today | +0.00 | -1.17% |
| 7 days | -1.87 | -2.71% |
| 30 days | -12.65 | -18.33% |
The all-time high of Solana (SOL) is USD 294.33, which was recorded on Jan 19, 2025. The all-time low of Solana (SOL) is USD 0.51, which was recorded on May 12, 2020.
SOL is an inflationary cryptocurrency. So, the maximum supply is infinite. The current circulating supply of SOL is about 580.52M. Solana has a fixed year-on-year inflation rate, which means that new SOL tokens are created each year. The initial inflation rate was set to 8% and is distributed through staking rewards. This inflation rate is reduced by 15% every year until reaching a long-term inflation target of 1.5%. Currently, half of each transaction fee is burned, which means that a greater transaction volume would slow the growth of the supply.
You can buy Solana directly via MoonPay or through one of our many partner wallets, such as Trust Wallet and Exodus. MoonPay’s simple widget makes it easy to buy SOL with a credit or debit card, bank transfer, Apple Pay, Google Pay, and more payment methods. You can also top up your wallet in euros, pounds, or dollars and use your MoonPay Balance to purchase crypto like Solana. Once funded, use your balance for faster, cheaper transactions with higher approval rates. When you're ready to withdraw, enjoy zero-fee SOL transfers straight to your bank account when you cash out via bank transfer.
The price of Solana is determined by factors such as supply and demand, market sentiment, regulatory developments, and the adoption of blockchain technology. Price fluctuations can also occur in response to large transfers of the asset in a short time period. It's worth mentioning that the Solana network has experienced occasional outages or disruptions. While Solana's architecture aims to provide high scalability and low latency, network interruptions or congestion can occur, resulting in temporary issues. Outages can impact trading activities and potentially influence the Solana price, as they may create uncertainty and affect investor confidence.
MoonPay makes it easy to sell SOL when you decide it's time to cash out your crypto. Simply enter the amount of Solana (SOL) you'd like to sell in the MoonPay widget and enter the details where you want to receive your funds.