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    $33.5544 $ 33.5544
    +¥5204,24 3.5% 1D
    1D 1M 1Y ALL
    LOADING DATA
    Market Cap (USD)
    11.92B
    24H Volume
    664.93M
    Circulating Supply
    355.09M SOL
    Max Supply
    --
    All Time High
    259.96
    Rank
    9

    About Solana (SOL)

    SOL is Solana's native token, which can be used for transfer, transaction, value storage, payment of blockchain usage fees, etc. Solana's initial concept and framework were conceived in 2017, and the token was officially issued in 2020. Its goal is to create a distributed, trust free protocol that can rapidly increase the system's information processing capacity. Solana uses the PoS and PoH double consensus mechanism to run the network, aiming to solve the time problem in the distributed network. This innovative mixed consensus mechanism model has attracted considerable attention since SOL was launched.


    How does Solana (SOL)Work?

    Solana operates the blockchain network using the double consensus mechanism of proof of stake (PoS) consensus mechanism and proof of history (PoH) consensus mechanism. The proof of stake (PoS) consensus mechanism enables about every 4 blocks in Solana network to randomly select a lead validator according to the number of SOL staked by the nodes. The lead validator writes the new transaction records into the blockchain, and the other nodes validate whether the records are correct. The proof of history (PoH) consensus mechanism establishes a time sequencing structure for each transaction record on the Solana blockchain, so that each node seems to have a common set of clocks on the chain, and can continue to work without waiting for other nodes to broadcast, while ensuring the correctness of transaction sequencing.


    What is Solana (SOL)?

    The total circulation of SOL is 500 million, which is the only token on Solana. In addition to staking SOL to become a validator of Solana network, users can also trust SOL to trusted validators. As an agent, validators can earn rewards by operating and maintaining the Solana network.


    Solana (SOL) Crypto Wallet

    In addition to placing SOL in the Gate.io exchange to facilitate trading, SOL can also be placed in a crypto wallet.

    Sollet, SolFlare, Solong and other wallets are officially recommended by SOL. Users can learn about the operation process and wallet characteristics on the relevant official websites.
    Expand

    Solana Market

    Currency Price 24H Change Action
    SOL /USDT
    3X Margin
    $33.5544 +3.5% Trade
    SOL /USDT
    Futures
    $33.6913 +2.80% Trade
    SOL /USDT
    Spot
    $33.5544 +3.5% Trade

    Solana News

    News
    Announcements
    How PussyDAO Is Using Solana NFTs to Sell Physical Underwear

    How PussyDAO Is Using Solana NFTs to Sell Physical Underwear

    The Web3 brand's vibe is "punk rock meets hyperfemininity," tapping NFTs that can be redeemed for apparel and other products.
    Source: decrypt Posted: 2022-10-01
    ‘Ethereum Killer’ Solana Suffers Another Major Outage

    ‘Ethereum Killer’ Solana Suffers Another Major Outage

    The popular blockchain has suffered a handful of outages and transaction stops this year, including a string of partial outages in January.
    Source: decrypt Posted: 2022-10-01
    Why Izzy Howell Left Solana Derivatives Protocol Cypher to Launch an NFT Apparel Brand

    Why Izzy Howell Left Solana Derivatives Protocol Cypher to Launch an NFT Apparel Brand

    Izzy Howell, a former core contributor at Solana derivatives protocol Cypher, tells Decrypt's Dan Roberts at Chainlink SmartCon 2022 what she's up to now: a streetwear and lifestyle brand called PussyDAO that will soon launch Solana NFTs tied to physical apparel.
    Source: decrypt Posted: 2022-09-29
    Solana tech developer Coral raises $20M, plans to launch 'xNFT' protocol

    Solana tech developer Coral raises $20M, plans to launch 'xNFT' protocol

    Coral is the creator of the Anchor development framework, which provides boilerplate smart contract tools and other resources for Solana devs.
    Source: cointelegraph Posted: 2022-09-28
    Tiffany Huang of Magic Eden: 'Ethereum People Are Paying a Lot of Attention to Solana NFTs'

    Tiffany Huang of Magic Eden: 'Ethereum People Are Paying a Lot of Attention to Solana NFTs'

    NFT marketplace Magic Eden content head Tiffany Huang tells Decrypt's Dan Roberts and Andrew Hayward in our Decrypting Mainnet series at Mainnet 2022 about how Magic Eden's expansion to Ethereum has gone, how Solana NFTs have gained share of the overall NFT market, why she thinks even Ethereum people are paying more attention to Solana NFTs,
    Source: decrypt Posted: 2022-09-26
    NFTs Will Spawn the Next Marvel or Disney, Says Solana Founder

    NFTs Will Spawn the Next Marvel or Disney, Says Solana Founder

    Solana's Anatoly Yakovenko believes a juggernaut IP could emerge from the current crop of NFT projects.
    Source: decrypt Posted: 2022-09-23
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