Solana (SOL) Live Price, Market Data & Charts
Solana (SOL)
Rank: 5
Rank: 5
$ 230.87
Price (BTC)
Ƀ0.00230616
Marketcap
$ 109.75 B
Volume
$ 5.88 B
24h Change
2.57%
Total Supply
589.84 M SOL
Solana (SOL) Price Chart
Solana (SOL) Price History
* Currency in USD
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Solana (SOL) Markets
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What is Solana?
Solana is an open infrastructure for building scalable crypto apps. The architecture is censorship resistant, fast, and secure, and designed to facilitate global adoption. To keep time on the blockchain, Solana employs an innovative process known as Proof of History. PoH is not a consensus mechanism, but it does play an important role in Solana’s Proof of Stake consensus mechanism.
The result of PoH and Solana’s other key innovations is a network that is highly scalable – in fact, Solana boasts a maximum throughput of 50,000 transactions per second. The blockchain remains low-cost and fast as it scales, with an average transaction fee of $0.00025, a block time that’s usually under one second, and a sub-second finality.