Price Information
1 Year Change
All Time High
$294.16 -56.85%
About Solana
SOL Price Pulse: What’s Moving It?
Solana (SOL) is currently priced at $126.23, showing a moderate increase of 1.21% over the past 24 hours, with a strong market capitalization of approximately $71.09 billion. This reflects healthy investor interest and adoption momentum in the cryptocurrency market. The recent price movement is influenced by a combination of factors including broader market trends, investor sentiment, and developments within the Solana ecosystem. Positive trends in the crypto market, particularly in high-performance blockchain platforms like Solana, often lead to increased buying pressure. Conversely, global economic conditions and regulatory news can also affect price volatility.
SOL Price Catalysts: Bull Case & Bear Case
Bull Case: Solana’s appeal lies in its fast transaction speeds and low fees, making it a preferred blockchain for decentralized applications (dApps), especially in the NFT and decentralized finance (DeFi) sectors. Continuous upgrades to its network scalability and ecosystem partnerships enhance its utility and adoption, potentially driving the price higher. Institutional interest and integration with major crypto platforms can also boost demand.
Bear Case: On the downside, Solana faces risks such as network outages or technical issues that can undermine investor confidence. Competition from other smart contract platforms like Ethereum and newer entrants can impact its market share. Additionally, broader crypto market downturns or tightening regulations globally could negatively influence SOL’s price performance.
Frequently asked questions
Solana’s price increase is driven by growing demand for its blockchain technology, improvements in network performance, increased adoption in DeFi and NFT projects, and positive market sentiment towards high-speed, scalable platforms.
Solana’s market cap is about $71.09 billion. Market cap reflects the total value of all circulating SOL tokens and indicates the project's size, investor confidence, and its ranking in the broader crypto market.
Solana offers faster transaction speeds and lower fees than Ethereum, making it attractive for certain dApps. However, Ethereum has a larger developer base and more established applications, which balances the competition between them.
Risks include network outages, strong competition, market volatility, and potential regulatory changes that could impact Solana’s adoption and price.
Long-term growth depends on continued technological innovation, ecosystem expansion, and the ability to maintain network stability and security amid competition and market challenges.
Investors can monitor real-time data on trusted cryptocurrency exchanges and financial news platforms, follow updates from the Solana development team, and keep an eye on broader market indicators.
Popular Solana Exchanges
Bitpanda is a European neobroker on a mission to democratize the complex world of investing. With low fees, 24/7 trading and real-time settlement, Bitpanda empowers users to shape their financial futures - on their own terms.
Rating:
2.8
Reviews:
23
eToro is a multi asset social trading platform. Its standout feature is copy trading, letting you mimic successful investors. User-friendly and regulated, it’s great for both beginners and experienced traders.
Rating:
3.2
Reviews:
5
Figure Markets is a new crypto trading platform where users fully control their own funds, with low trading fees and up to 8% interest on stablecoins.
Neverless is a new crypto trading platform created by former Revolut executives. It’s fully regulated in Europe and aims to make crypto more accessible by offering commission-free trading, competitive pricing, and support for over 700 cryptocurrencies. Users can also earn high yields on their assets and quickly buy crypto using Apple Pay or Google Pay.
Binance is the world’s leading blockchain ecosystem, with a product suite that includes the largest digital asset exchange. Their mission is to be the infrastructure provider for crypto in tomorrow’s world.
Rating:
3.4
Reviews:
13
Bitget, founded in 2018 during a crypto downturn, is a global exchange focused on user-centric innovation. With roots in traditional finance, its team saw blockchain’s potential early on. Today, Bitget aims to make crypto trading more accessible while promoting long-term industry growth.
Cryptomus offers a secure, user-friendly platform for buying, selling, and managing crypto, with P2P trading, staking (up to 20% APR), and mobile access for seamless transactions.
Rating:
4.9
Reviews:
3
WhiteBIT is a centralized crypto exchange offering spot, margin trading & staking, with a strong focus on security & compliance. It was founded in 2018 and is registered in Lithuania, although it operates globally.
Crypto.com is a global cryptocurrency platform that lets users buy, sell, and trade digital assets. It offers a secure wallet, a crypto-backed Visa card, staking, DeFi services, and various financial products designed to make crypto accessible for everyday use.
Rating:
2.9
Reviews:
7
Kraken.com is one of the world’s largest and longest-standing cryptocurrency broker trading platforms. Founded in 2011 and headquartered in the U.S., it provides users with access to a wide range of digital assets such as Bitcoin, Ethereum, and many altcoins.
Rating:
3.9
Reviews:
33Cryptocurrencies
$87,190.60
1.2 %Best price for Bitcoin at
$3,006.78
1.2 %Best price for Ethereum at
$1.00
0.0 %Best price for Tether at
$863.07
0.1 %Best price for Binance Coin at
$1.87
1.6 %Best price for Ripple at
$1.00
0.0 %Best price for USDC at
$126.70
1.5 %Best price for Solana at
$3,011.94
1.3 %Best price for Lido Staked Ether at
$0.29
0.6 %Best price for TRON at
$0.13
8.1 %Best price for Dogecoin at
Save Money on Your Next Crypto Purchase
- Best Places to Buy BTC Bitcoin
- Best Places to Buy ETH Ethereum
- Best Places to Buy SOL Solana
- Best Places to Buy XRP Ripple
- Best Places to Buy BNB Binance Coin
- Best Places to Buy ADA Cardano
- Best Places to Buy DOT Polkadot
- Best Places to Buy DOGE Dogecoin
- Best Places to Buy SHIB Shiba Inu
- Best Places to Buy SUI SUI
