Solana is a high-performance Layer 1 blockchain designed for mass adoption by providing a fast, secure, and low-cost environment for decentralized applications. It distinguishes itself by scaling globally without the use of complex sharding or multiple layers, instead maintaining a single, unified ledger to avoid liquidity fragmentation. This architecture allows it to process thousands of transactions per second with sub-second finality, often at a cost of less than a penny per transaction.
The network operates on a unique hybrid model that combines Proof of Stake with an innovation called Proof of History, which functions as a decentralized clock to timestamp transactions. This system reduces the need for constant node communication, allowing the Sealevel engine to run non-conflicting smart contracts in parallel across multiple CPU cores. Further efficiency is gained through the Gulf Stream protocol, which reduces confirmation times by forwarding transactions to validators before the current block is finished.
Founded in 2017 by Anatoly Yakovenko, Solana is now supported by the Switzerland-based Solana Foundation and significant institutional investors like Andreessen Horowitz and Polychain Capital. The platform’s native token, SOL, serves as the primary currency for paying transaction fees, participating in network governance, and securing the system through staking.
Solana has also seen significant institutional adoption ranging from spot Solana ETFs to major partnerships including Visa's 2025 launch of USDC settlement on the network and the tokenization of public equity by firms like Galaxy Digital.
Solana turned over $1,329,119,383 across the venues we index in the last 24 hours, which is 2.15% of its market capitalisation — a figure worth watching, because turnover well above its usual level tends to accompany the sharper moves.
The highest price our index has recorded is $261.98 on Jan 18, 2025, leaving SOL −59.58% from that peak.
The lowest is $62.20 on Jun 6, 2026, putting the price today +70.23% above that low.
Measured on Coinmico's own index since Dec 31, 2024, not on prices reported by someone else.
Solana is valued at $61,769,110,732, which ranks it #7 among the assets we track. It is the price of one coin multiplied by the 583,375,365 SOL in circulation.
At today's price, the full supply of 632,859,234 SOL would be worth $67,072,916,360. 92.18% of that supply is already circulating, so the rest is what dilution would still add.
Price divergence
Solana (SOL) price has increased today.
The price of Solana (SOL) is $105.88 today with a 24-hour trading volume of $1,329,119,383. This represents a 1.62% price increase in the last 24 hours and a 17.44% price increase in the past 7 days. With a circulating supply of 583 Million SOL, Solana is valued at a market cap of $61,769,110,732.
sol$105.88+1.62%
