Solana (SOL) Price, Chart, and Overview

Solana (SOL) is the native token of the Solana blockchain, a smart contract network built for high transaction throughput and low fees. SOL pays network fees, is staked to secure the chain through proof of stake, and trades around the clock on spot and derivatives exchanges. The quote above shows SOL’s price in US dollars. The figures around it describe how large the network’s token supply is, how it is being traded and how stretched recent momentum looks.

How to read the SOL quote

The headline price is a dollar value per one SOL, aggregated across exchanges. The 24h change shows both the percentage move and the dollar move over the past 24 hours. Crypto markets do not close, so “24h” is a rolling window, not a trading session.

The other fields answer different questions:

• Market cap is price multiplied by circulating supply, the SOL currently available to trade. It is the usual basis for the coin’s rank.
• Fully diluted value (FDV) uses total supply instead. Solana has no maximum supply cap, so FDV reflects tokens that exist today, not a fixed ceiling. The gap between market cap and FDV shows how much existing SOL is not yet counted as circulating.
• Volume 24h is the dollar value traded over the past day. It measures activity, not direction. Heavy volume can come from buyers or sellers.
• SOL dominance is Solana’s market cap as a share of the total crypto market cap. A rising share means SOL is outpacing the wider market, even if its price is falling.
• All-time high shows the peak price and its date. The distance from that level puts the current quote in context.

Because supply is uncapped, comparing SOL’s price with Bitcoin’s (capped at 21 million coins) says little on its own. Market cap is the fairer comparison.

RSI readings

The momentum panel shows the 14-period Relative Strength Index on several timeframes, from 15 minutes to one day. RSI ranges from 0 to 100. It compares the size of recent gains with recent losses, and readings below 30 are conventionally labeled oversold, above 70 overbought. Different timeframes can disagree, because a short-term bounce can sit inside a longer decline. An oversold reading describes the recent pace of selling. It does not predict a reversal.

Derivatives table

The derivatives table lists SOL perpetual futures, contracts with no expiry that track the spot price. Two columns matter most:

• Open interest is the value of positions still open, which differs from volume (positions traded during the day).
• Funding is a periodic payment between long and short holders that keeps the perpetual price near spot. Positive funding means longs pay shorts. Negative funding means shorts pay longs. The rate shown applies per funding interval, which varies by exchange. It is not a daily or annual figure.

Prediction market odds

The odds panel shows prices from prediction market contracts on where SOL will trade by a given date. A “yes” price of 18% means traders are paying about 18 cents for a contract that pays $1 if the outcome happens. These are market-implied probabilities, not forecasts from this site.

What Solana is and who created it

Anatoly Yakovenko founded Solana in 2017, and the mainnet launched in 2020. Solana Labs developed the protocol, and the Solana Foundation supports the network and its ecosystem. No single company owns the blockchain: independent validators run it, though Solana Labs and the Foundation remain central to its development.

Proof of history and proof of stake

Yakovenko’s November 2017 white paper introduced proof of history (PoH), a verifiable sequence of computations that acts as a cryptographic clock, so nodes can trust the recorded order of events without negotiating it each time. PoH works alongside proof of stake (PoS): PoH timestamps transactions so they can be ordered and verified quickly, while validators who stake SOL as collateral decide who confirms them.

What SOL does on the network

SOL has three main jobs:

1. Paying fees. Every transaction on Solana pays a fee in SOL.
2. Staking. Validators and delegators stake SOL to secure the chain. New SOL is issued as staking rewards, which is one reason supply has no cap.
3. Running applications. Smart contracts (called programs on Solana) support DeFi, NFTs, payments and other apps that use SOL.

Tokens built on Solana, including stablecoins such as USDC, use the SPL Token standard, Solana’s counterpart to Ethereum’s ERC-20.

Solana vs. Ethereum

Solana is most often compared with Ethereum, the largest smart contract platform:

• Smart contracts: both run decentralized applications, including DeFi and NFTs.
• Consensus: both use proof of stake. Solana adds proof of history for ordering transactions.
• Speed and cost: Solana was designed to process far more transactions per second at lower fees on its main chain. Ethereum relies more on layer-2 networks for scale.

Ethereum keeps the advantages of being first and having a larger ecosystem, and it is second only to Bitcoin by market cap.

What moves the SOL price

SOL’s price is set by trading, so it responds to the forces that affect most large cryptocurrencies, plus some specific to Solana:

• The broader crypto market. Large altcoins often move in the same direction as Bitcoin and overall risk appetite, though the relationship is not fixed.
• Network demand. Activity in Solana’s DeFi, NFT and token ecosystem drives demand for SOL to pay fees and use applications.
• Supply growth. Ongoing issuance to stakers adds supply over time. Whether that weighs on price depends on demand keeping pace.
• Reliability. Solana experienced several network outages in its early years. Uptime and stability remain part of how the market judges it.
• Leverage. Large open interest in perpetual futures can amplify moves when leveraged positions are liquidated.
• Competition. Progress at Ethereum and other smart contract chains affects Solana’s relative position.

Practical caveats

• SOL is not a stock. Holding SOL gives no ownership stake in Solana Labs or the Foundation.
• Prices differ slightly by venue. Perpetual contract prices can sit a little above or below the spot quote, and each exchange has its own fees and spreads. Compare platforms in our guide to the best crypto exchanges.
• Volatility is high. SOL has seen large drawdowns from its peaks. Run hypothetical entries and exits through the crypto profit calculator before trading, and include fees in your assumptions.
• Use the right network. SOL and SPL tokens must be sent to a Solana address. Sending them over a different network can result in lost funds.