SO

Solana

SOL
Layer 1Rank #6Solana

$88.10

+1.19%24h
+7.96%7d

Market Cap

$50.35B

Volume 24h

$2.03B

Vol / Market Cap

4.03%

Rank

#6

SOL Price Chart

About Solana

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

Solana is a high-performance blockchain designed for fast and low-cost transactions that supports decentralized applications, DeFi platforms and NFT marketplaces through a scalable architecture.

How It Works

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

Use Cases

High-Performance Scaling: Used to pay for 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: Features a fixed inflation schedule that decreases over time. It uses Proof of History (PoH) to process 50k+ TPS. Used for high-frequency trading, low-fee NFT minting, and decentralized gaming that requires sub-second finality.

Risks & Considerations

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

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