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$75.02
+0.34% 24h24h high
$75.34
24h low
$73.45
All-time high
$293.31
From ATH
-74.42%
Market cap
$43.70B
24h volume
$1.23B
Circulating supply
582,516,454.559 SOL
Total supply
630,484,855.404 SOL
Max supply
∞
Price change 7d / 30d / 1y
-3.85% · +5.97% · -58.14%
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
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