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About Solana

Solana is a decentralized computing platform that uses SOL to pay for transactions. Solana aims to improve blockchain scalability by using a combination of proof of stake consensus and so-called proof of history. As a result, Solana claims to be able to support 50,000 transactions per second without sacrificing decentralization.

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5/29/2025, 8:58:49 AM

Trading Insights

Buyer Ratio

77%0%

Seller Ratio

29%0%

Buyers

25K

11.41%

Traders

33K

5.02%

Sellers

9.6K

-9.09%

Search Stats

11K

Market Stats

Market Cap

$89.85B

FDV

$103.89B

Circ. Supply

521M SOL

Max Supply

Not enough data

Total Supply

602M SOL

Performance

Popularity

#6

Dominance

2.72%

Volume (24H)

$3.77B

8.12%

Volume (7D)

$17.26B

Volume (30D)

$103.60B

All time high

$294.85

Price Change (1Y)

3.49%

Additional info about Solana

Recent trends

The latest SOL price is $173.21. Compared to Solana's value of $174.22 from 24 hours ago, there's been a -1% decrease, while the current price is -4% down from $179.82 which was recorded one week ago. Solana's all time high is $294.85, which was reached on January 19, 2025. This is a -41% change from its price today.

The market cap is currently $89.85B, which is a result of multiplying the current price of Solana($173.21) by the total supply(601,827,069 SOL). The fully diluted valuation of Solana is $103.89B. The diluted valuation of Solana is $103.89B.

Market details

SOL vs markets

↘ 24.22%

SOL vs BTC

↘ 34.71%

SOL vs ETH

↗ 42.29%

Tags

pos

platform

layer-1

ftx-bankruptcy-estate

+3

Network & Addresses

Network
Address

Solana

NA

Price history

Time
Price
Change
Today
$173.21
↘ 0.94%
1 Day
$174.22
↘ 0.94%
1 Week
$179.82
↘ 3.99%
1 Month
$149.13
↗ 15.77%
1 Year
$166.82
↗ 3.49%

FAQ

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Solana news

Trending articles

Social stats

Popularity in posts

#2

Contributors

26,518

Posts

73,741

% About Solana

8.501%

Articles

87

Hold times

0 days

X (Twitter)

58.97% bullish

Sentiment

4.5 ★

Highlights

26,518 unique individuals are talking about Solana and it is ranked #2 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Solana has an average sentiment score of 89 out of 5. Finally, Solana is becoming less newsworthy, with 87 news articles published about Solana.

On Twitter, people are mostly bullish about Solana. There were 62.99% of tweets with bullish sentiment compared to 6.82% of tweets with a bearish sentiment about Solana. 37.01% of tweets were neutral about Solana. These sentiments are based on 60733 tweets.

On Reddit, Solana was mentioned in 3779 Reddit posts and there were 11573 comments about Solana. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Analysis

Bulls say

Solana’s distinctive scaling approach makes it attractive for those seeking efficient blockchain solutions. Its focus on high-speed and low-cost operations allows it to process thousands of transactions per second at a fraction of the cost of other blockchains.

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Bears say

Currently, the term "smart contract" is commonly associated with Ethereum. Detractors of Solana argue that if Ethereum can effectively cover all use cases Solana targets, it holds a default advantage.

Read more

Guides

Solana calculator

Coinbase Bytes

Why has Solana outperformed Ethereum recently?

Coinbase Bytes

Feb 20, 2025

SOL CYCLE: Why has Solana outperformed Ethereum recently?

Last week, asset manager VanEck predicted that SOL could reach $520 before the end of 2025 (compared to around $195 on Wednesday). At the same time, JPMorgan released a report warning that ETH — which sank to around $2,500 on Sunday (compared to an all-time high north of $4,100 in 2021) — could continue to underperform throughout this year. How did SOL and ETH arrive at their current narratives, and where could things go next?
    How has it performed during the bull market? Since the end of 2023, SOL has been one of the best performing assets in the market, rising from around $19 in Sept. 2023 to $203 on Monday, a nearly 1,000% gain. ETH, in comparison, has risen around 68% in that same span.
    Why has it attracted so much activity? Solana’s speedy, cheap transaction processing and sustained real usage are seen as the primary reasons for its massive popularity. For the past four months, Solana has outpaced Ethereum in monthly onchain trading volume. There was more than $640 billion in onchain volume using Solana last year, and hundreds of thousands of tokens were launched on Solana in that same period.
    What’s the outlook for ETH? Analysts are divided on Ethereum’s prospects. A recent report from JPMorgan noted reasons for concern, citing ETH’s 10% share of the overall crypto market cap — its lowest mark since 2020 — and continued “intense” competition from other networks. Still, investor interest in ETH remains active — spot Ethereum ETFs attracted $793 million of inflows last week, potentially taking advantage of low prices.
The Future of Solana: What to expect in 2025

Coinbase Bytes

Jan 14, 2025

The Future of Solana: What to expect in 2025

Solana was one of the early outperformers of this bull cycle, rising from $23 in October 2023 all the way to a new all-time-high of $264 in November 2024. A major catalyst behind the run: Solana’s underlying network, which has turned into a major moneymaker.
    The total fees generated by apps on Solana represented more than half of all onchain application fees last year, according to Messari, and upgrades to Solana’s blockchain helped spur new institutional use cases, like PayPal launching a version of its stablecoin on Solana.
    While much of Solana’s activity is still concentrated around speculative DeFi trading — compared to ETH’s ecosystem of lending, yield farming, and liquid staking apps — Messari believes that could change quickly this year.
    One other potential 2025 catalyst: the potential approval of spot ETFs for SOL. As of Wednesday, Polymarket bettors assigned a 74% chance of one being approved in the U.S. this year, an estimate that VanEck’s Head of Digital Assets Research Matthew Sigel recently called “underpriced.”

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