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$99.75
-4.62% 24h24h high
$104.31
24h low
$98.44
All-time high
$293.31
From ATH
-65.99%
Market cap
$58.37B
24h volume
$3.15B
Circulating supply
585,206,592.372 SOL
Total supply
633,267,028.199 SOL
Max supply
∞
Price change 7d / 30d / 1y
+1.23% · +35.71% · -49.94%
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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