128.78 €
2.96 € (2.30%) (24h change)
This chart displays the price in USD only.
24-Hour Price Range
Low: 123.17 €
High: 130.68 €
52-Week Price Range
Low: 75.85 €
High: 257.34 €
Overview
Solana is an open-source blockchain designed for building decentralized applications (DApps). It prioritizes speed, scalability, and decentralization. SOL is the native cryptocurrency of the Solana blockchain, and its price reflects the value of the SOL token.
History
Solana was founded by Anatoly Yakovenko in 2017. Its unique Proof-of-History (PoH) consensus mechanism, combined with Proof-of-Stake (PoS), sets it apart. Yakovenko published the PoH whitepaper in 2017, leading to the development of Solana using the Rust programming language. The beta version of the Solana mainnet launched in 2020.
Solana’s Technology
Solana shares similarities with Ethereum, such as smart contract functionality, but offers superior scalability. Key features include:
- Proof-of-History (PoH): Optimizes time synchronization for faster transactions.
- Cloudbreak: Enhances horizontal scaling.
- Sealevel: Enables parallel transaction processing.
Solana can handle 50,000 transactions per second. The SOL token is used for:
- Network governance
- Paying transaction fees
- Staking (users can stake SOL without becoming validators)
SOL Price Evolution
Like most cryptocurrencies, SOL’s price fluctuates. Track live price changes using the SOL price chart above.
Latest Market News
👉 Analysts Predict 95% Chance of Solana, XRP, and Litecoin ETFs
The U.S. crypto ETF market is expanding, with the first Solana ETP (including staking) now available. Analysts expect more altcoin ETFs to follow.
👉 Invesco and Galaxy Digital File for Solana ETF
Invesco and Galaxy Digital submitted preliminary filings for a spot Solana ETF, marking the ninth such proposal to U.S. regulators.
Other Highlights:
- Institutional Bitcoin allocations are rising, while retail investors favor altcoins like XRP.
- The SEC has opened a public comment period for XRP and Solana ETFs, signaling potential regulatory progress.
Key SOL Metrics
| Metric | Value |
|---|---|
| Market Cap | 62.66 B € |
| 24h Trading Volume | 2.63 B € |
| Circulating Supply | 486.6 M SOL |
| Total Supply | 491.56 M SOL |
| Annual Yield | -23.68% |
| 24h Open Price | 125.81 € |
| All-Time High (ATH) | 251.75 € |
FAQ
1. What is Solana’s current price in EUR?
As of now, SOL is priced at 128.78 €, with a 24-hour change of +2.96 € (2.30%).
2. How does Solana achieve high scalability?
Solana uses Proof-of-History (PoH) and parallel processing to handle 50,000+ transactions per second.
3. Can I stake SOL without being a validator?
Yes! You can delegate your SOL to validators and earn rewards without running a node.
4. What’s the difference between Solana and Ethereum?
Solana focuses on speed and scalability, while Ethereum emphasizes decentralization and a larger developer ecosystem.
5. Are Solana ETFs available?
Several firms, including Invesco and Galaxy Digital, have filed for spot Solana ETFs, but approvals are pending.
👉 Explore Solana’s latest developments and trading opportunities
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