TipRanksCryptocurrencyWhat Is The Price Of Solana?

What Is The Price Of Solana?

Price Chart

Current Price
$23.69
Price Change (24h)-$0.09 (-0.37%)
24h Low - 24h High$23.67 - $24.42
24h Volume$254.17M (10,705,997.00)
Market Cap$13.50B
Volume / Market Cap0.00279
Market Cap Dominance1.07%
Circulation Supply416.49M
Total Supply560.21M
Max SupplyN/A
Hash RateN/A
All-Time High$259.95 (-90.75%)
1-Year Price Return-16.64%
6-Month Price Return-2.31%
3-Month Price Return-8.94%
1-Month Price Return20.49%

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Solana News & Analysis

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Solana FAQ

What is the price of one Solana?
The live price of Solana (SOL-USD) is $23.69.
What’s Solana All-Time High?
Solana's (SOL-USD) all-time high is $259.95.
What is the total supply of Solana?
The total supply of Solana (SOL-USD) is 560.21M coins.
What is Solana dominance?
Solana (SOL-USD) dominance is at 1.07%.

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What is Solana?

Solana

Founded in 2017, Solana blockchain is based on the Proof-of-History (PoH) mechanism in combination with the Proof-of-Stake (PoS) mechanism. The open source project offers solutions for decentralized finance (DeFi) and decentralized applications (DApp) and the combination of PoH and PoS enables scalability and usability. The protocol provides fast processing times (3,812 TPS) and lower cost per transaction ($0.00025), which has led to increasing participation from regular users as well as enterprises. The maximum supply of SOL coins is capped at 489 million, with around 260 million coins already in circulation. The network is spread over thousands of independent nodes, which makes it secure, and boasts of 400 millisecond block times already.

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Correlations to Solana

Asset
Correlation
BITO < ETF >
ProShares Bitcoin Strategy ETF
0.76
QQQ < ETF >
Invesco QQQ Trust
-0.59
GLD < ETF >
SPDR Gold Shares
-0.98
SPY < ETF >
SPDR S&P 500 ETF Trust
-0.88
Coinbase Global, Inc.
-0.36
Silvergate Capital Corp.
-0.59
Marathon Digital Holdings, Inc.
-0.83
Overstock.Com
-0.55
Microstrategy
-0.44
Riot Platforms, Inc.
-0.75
Correlation shows how closely two variables move in relation to one another. In investing, this relationship is expressed numerically and ranges between -1.0 and 1.0.

A correlation of 1 is a perfect positive correlation. In this case, as one security moves, the other security moves in the same direction by the same percentage.

A correlation of -1 is a perfect negative correlation. As one security moves, the other moves in the opposite direction.

A zero correlation implies no relationship between the two securities.

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Leading Cryptocurrencies

Name
Price & Change
Market Cap
Bitcoin
554.59B
Ethereum
189.19B
Ripple
49.03B
Binance Coin
33.48B
Solana
13.28B

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Major Stock Indexes

Index
Price & Change
S&P 500
Dow Jones Industrial Average
Nasdaq 100

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