Solana (SOL)

-0.52 %

Market Cap

The total market value of a cryptocurrency's circulating supply. It is analogous to the free-float capitalization in the stock market.

Market Cap = Current Price x Circulating Supply.

24 Hour Trading Vol

A measure of how much of a cryptocurrency was traded in the last 24 hours.

1576048193>
Fully Diluted Valuation

The market cap if the max supply was in circulation.

Fully-diluted market cap (FDMC) = price x max supply. If max supply is null, FDMC = price x total supply. if max supply and total supply are infinite or not available, fully-diluted market cap shows - -.

13313108840>T
Circulating

The amount of coins that are circulating in the market and are in public hands. It is analogous to the flowing shares in the stock market.

372,567,778.00
Total Supply

The amount of coins that have been already created, minus any coins that have been burned. It is analogous to the outstanding shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, total supply shows - -.

540,055,732.52
Max Supply

The maximum amount of coins that will ever exist in the lifetime of the cryptocurrency. It is analogous to the fully diluted shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, max supply shows - -.

0.00
Low High
Week Month Year All Time
High

Jan 26 2023

24.660403145127
-0.08%

Jan 21 2023

25.575834872319
-3.66%

Apr 04 2022

136.67454083709
-81.97%

Nov 07 2021

-90.49%
Low

Jan 29 2023

23.986175814201
2.73%

Jan 03 2023

11.12077542125
121.57%

Dec 29 2022

9.439851032688
161.02%

May 12 2020

4,835.43%
For Detailed Research of Solana - Visit - Solana (SOL)

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Coin Info

Solana is a highly functional open source project that uses the permissionless feature of blockchain technology to create decentralized finance (DeFi) solutions. While the concept and first work on the project began in 2017, the Solana Foundation formally launched Solana in March 2020, with headquarters in Geneva, Switzerland. 

The Solana protocol is intended to make it easier to create decentralised apps (DApps). It seeks to increase scalability by combining a proof-of-history (PoH) consensus with the blockchain's underlying proof-of-stake (PoS) consensus.

Solana has attracted interest from both small-time and institutional traders because of its revolutionary hybrid consensus strategy. The Solana Foundation is committed to making decentralised money more widely available.

The major leading factor behind Solana is Anatoly Yakovenko. In 2017, Yakovenko began working on a project that eventually became Solana. Solana Labs were founded in collaboration with his Qualcomm colleague Greg Fitzgerald. The Solana protocol and SOL coin were published to the public in 2020, attracting numerous more former Qualcomm employees.

The Solana protocol is intended to serve both casual and corporate users. One of Solana's primary promises to clients is that they will not be shocked by higher fees and taxes. The protocol is meant to have low transaction costs while still ensuring scalability and fast processing.

To know more about the Solana price prediction, install the top cryptocurrency app CoinGabbar today!

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