About Solana
Solana (SOL) is a high-performance layer-1 blockchain launched in March 2020 by Anatoly Yakovenko and Solana Labs. It is engineered for low-latency, high-throughput applications, combining a proof-of-stake consensus with a verifiable delay function called Proof of History to order transactions before they are voted on. SOL is used to pay transaction fees, stake to validators that secure the network, and participate in on-chain governance and DeFi.
Solana targets sub-second block times and can process tens of thousands of simple transactions per second under ideal conditions, with median fees that remain a fraction of a cent. Validators run a custom client that parallelises transaction execution across CPU cores via the Sealevel runtime. Half of every transaction fee is burned and half rewards validators, while inflation issuance starts at 8% and tapers each year toward a long-term floor of 1.5%.
Solana hosts a wide ecosystem spanning consumer payments, DePIN networks (Helium, Render, Hivemapper), high-frequency DEXs (Jupiter, Raydium, Orca, Phoenix), liquid staking (Jito, Marinade), and a vibrant memecoin and NFT culture. The Solana Foundation, Solana Labs, and the Anza/Firedancer client teams coordinate upgrades and a growing developer base that builds in Rust and TypeScript via the Anchor framework.
Crypto Market Watch tracks the live Solana price ranked #7 by market capitalisation, 24-hour and 7-day price changes, market capitalisation, trading volume, circulating supply, and all-time highs and lows on this page. Data refreshes continuously throughout the trading day so investors can monitor SOL market activity in real time.
