What is Solana (SOL)
Founded by former Qualcomm, Intel, and Dropbox engineers in late-2017, Solana is a single-chain, delegated-Proof-of-Stake protocol whose focus is on delivering scalability without sacrificing decentralization or security. The Solana protocol is designed to facilitate decentralized app (DApp) creation. Core to Solana's scaling solution is a decentralized clock titled Proof-of-History (PoH), built to solve the problem of time in distributed networks where there is not a single, trusted, source of time. Due to the innovative hybrid consensus model, Solana has attracted the attention of small traders and institutional traders. An important focus of the Solana Foundation is to make decentralized finance available on a larger scale.
Solana is available on MEXC, providing you with the convenience of purchasing, holding, transferring, and staking the token directly on our platform. Whether you are a seasoned investor or a newcomer to the world of cryptocurrencies, MEXC offers a user-friendly interface and a variety of tools to manage your Solana investments effectively. For more detailed information about this token, we invite you to visit our digital asset introduction page.
Additionally, you can:
- Check SOL staking availabilityto see how you can earn rewards on your holdings.
- Read reviews and analytics about Solana on our blog to stay informed about the latest market trends and expert insights.
Our comprehensive resources are designed to make your Solana buying experience smooth and informed, ensuring you have all the tools and knowledge needed to invest confidently.
Solana Price Prediction
Cryptocurrency price predictions involve forecasting or speculating on the future values of cryptocurrencies. These forecasts aim to predict the potential future worth of specific cryptocurrencies, such as Solana, Bitcoin, or Ethereum. What will be the future price of SOL? How much will it be worth in 2026, 2027, 2028, and up to 2050? For detailed prediction information, please check out our Solana price prediction page.
Solana Price History
Tracing SOL's price trajectory provides valuable insights into its past performance and helps investors understand the factors influencing its value over time. Understanding these historical patterns can offer valuable context for assessing SOL's potential future trajectory. For detailed price history information, please check out our Solana price history page.
How to buy Solana (SOL)
Looking for how to buy Solana? The process is straightforward and hassle-free! You can easily purchase Solana on MEXC by following our step-by-step How to Buy guide. We provide you with detailed instructions and video tutorials, demonstrating how to sign up on MEXC and use the various convenient payment options available.
SOL to Local Currencies
Solana Resource
For a more in-depth understanding of Solana, consider exploring additional resources such as the whitepaper, official website, and other publications:
People Also Ask: Other Questions About Solana
Yes, Solana has increasing use cases and adoption as the blockchain market widens. Experts also believe that Solana’s value will breakthrough to a new level in the upcoming years.
It is very unlikely for Solana to reach $10,000 anytime soon. Even in 10 years' time, experts only foresee a safe value of $500 if the market is good.
Better is very subjective. Ethereum is currently the safest blockchain as it is the most mature network. However, Solana does provide one of the best blockchains for low-cost and fast transaction solutions.
Solana is a high-performance blockchain platform designed for decentralized applications (dApps) and cryptocurrency projects. It aims to provide fast transaction speeds, low fees, and scalability to support a wide range of applications.
Solana stands out with its exceptional scalability, offering high transaction throughput and fast confirmation times. Its Proof of History (PoH) consensus mechanism and parallel processing allow it to process thousands of transactions per second.
The general market sentiment for Solana is quite good. Many experts have positive view on SOL with potential for a high return.
NFTs that are on the Solana are based on Solana (SOL). However, it is not exclusive to Solana. An Ethereum NFT is an NFT created on the Ethereum blockchain.
Solana's Proof of History (PoH) is a cryptographic clock providing a timestamp for each transaction and ensuring the ordering of events. When combining PoH and Pow or PoS will provide faster processing times and lower transaction costs.
The live price of Solana (SOL) is 146.8 USD.
The current market cap of Solana is $ 76.07B USD. It is calculated by multiplying the current supply of SOL by its real-time market price of 146.8 USD.
The current circulating supply of Solana (SOL) is 518.19M USD.
As of 2025-05-05, the highest price of Solana (SOL) is 296 USD.
The 24-hour trading volume of Solana (SOL) is $ 85.80M USD. You can discover more tradable tokens on MEXC and check their 24-hour trading volume.
Hot News
What is Meme Index (MEMEX) – World’s First Decentralized Meme Coin Index
The listing event of Meme Index ($MEMEX) on the MEXC exchange is approaching, scheduled for Q2 2025. This milestone is not only crucial for MEMEX itself but also a landmark signal for the entire meme‑coin market, which is growing increasingly vibrant and attracting significant capital from both retail and institutional investors. With its unique index‑based investment mechanism—unheard‑of in the meme‑coin world—MEMEX promises to spark a new investment trend. This listing is an unmissable opportunity for anyone looking to ride the next wave of meme coins. This article compiles every piece of information about Meme Index ($MEMEX), from the official listing
May 5, 2025
Humanity Protocol (H) Listing Event: A Human-Centric Blockchain
Humanity Protocol (H) is set to list its native token on the MEXC exchange in Q2/2025. This event has quickly become a major focus within the Web3 community, opening up a rare opportunity for those eager to ride the wave of digital identity. While blockchain projects continuously innovate to combat bots and enhance security, verifying real users remains a persistent challenge due to risks like Sybil attacks, fake accounts, and personal data leaks. Humanity Protocol stands out with its groundbreaking solution: biometric palm scanning for identity verification, combining AI and Zero-Knowledge Proofs (ZKPs) to build a transparent, secure, and bot-free
May 5, 2025
Wyckoff Pattern: A Simplified Guide For Beginners
A common technical analysis tool traders use to forecast the market direction is the Wyckoff Method. This trading technique, which Richard D. Wyckoff developed in the 1930s.
May 3, 2025
Disclaimer
Cryptocurrency prices are subject to high market risks and price volatility. You should invest in projects and products that you are familiar with and where you understand the risks involved. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. MEXC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning.
Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third party sources. They are presented to you on an “as is'' basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under MEXC’s control. MEXC is not responsible for the reliability and accuracy of such third-party sites and their contents.
