SO

Solana

SOL
Layer 1Rank #6Solana

$94.94

+7.78%24h
+11.70%7d

Market Cap

$54.25B

Volume 24h

$6.80B

Vol / Market Cap

12.54%

Rank

#6

SOL Price Chart

About Solana

Solana is a high-performance blockchain designed for fast transactions and scalable decentralized applications.

What Is Solana (SOL)? Solana is a high-performance blockchain designed for fast and low-cost transactions, supporting scalable decentralized applications, DeFi platforms, and NFT marketplaces.

How It Works

A high-performance Layer 1 blockchain that uses a unique Proof of History (PoH) mechanism. By creating a cryptographic record of time, it can process tens of thousands of transactions per second with sub-second finality and minimal fees.

Use Cases

High-Performance Scaling: Used to pay transaction fees on a network optimized for ultra-fast speeds, supporting high-frequency trading, real-time gaming, and low-cost NFT ecosystems.

Tokenomics

Inflationary High-Performance: Follows a fixed inflation schedule that trends down over time. Uses Proof of History (PoH) to enable very high throughput (often cited as 50k+ TPS). Used for high-frequency trading, low-fee NFT minting, and decentralized gaming that needs sub-second finality.

Risks & Considerations

Historical network stability issues and outages; expanded class-action lawsuits against foundations weigh on growth in 2026.

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