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Solana (SOL)
Smart Contracts$108.52▼ 4.22%
1h —7d —
Price — 7 days
Coin guide
What is Solana?
Solana is a public blockchain designed to process transactions quickly and at comparatively low fees. SOL is used for transaction fees, staking and participation in applications built on the network.
How it works
- Validators process transactions and help secure the network through delegated proof of stake.
- The network uses a timestamping design called proof of history to help order activity.
- Applications use smart contracts, commonly called programs, to run on-chain rules.
Common uses
- Transaction fees and staking
- On-chain trading and payments
- Digital collectibles and consumer applications
Principal risks
- Network congestion or outages
- Smart-contract and wallet exploits
- Validator concentration concerns
- Rapidly changing application and token risks
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Market Stats
- Market Cap
- —
- 24h Volume
- $238.18M
- Circulating Supply
- —
- 24h High
- $113.47
- 24h Low
- $107.40
- All-Time High
- —
Related Coverage
Market data is provided for information only and may be delayed. Nothing on this page is investment advice. Crypto assets are highly volatile.