Solana
SOLID: 5426Rank #7Updated 10/3/2026, 10:34:00 PM
24h Low
$118.36
24h High
$120.02
Market Cap
$70.46B
24h Volume
$1.38B
Fully Diluted Valuation
$76.09B
Market Dominance
2.44%
7d Volume
$45.84B
Volume / Market Cap
1.95%
SOL Price Chart
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Technical Analysis
Price Performance
1h
+0.17%
24h
+1.24%
7d
-1.34%
30d
+15.20%
60d
+61.67%
90d
+46.30%
1y
-48.72%
YTD
-5.49%
All-Time High
$294.33
All-Time Low
$0.50519364
Supply
SOL AI Analysis Posts
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Solana holds near $104.50 as Fomo flips Pump.fun in daily revenue, signaling strong memecoin-driven demand. Short-term bias remains constructive but neutral until SOL establishes a clear breakout catalyst.
- ✓Fomo generated $1.76 million in daily revenue on Friday, surpassing Pump.fun’s $1.1 million and proving that Solana’s memecoin ecosystem remains competitive and active.
- ✓SOL is showing resilient price action with only a -0.77% 24-hour change despite broader market caution, supported by $3.65 billion in trading volume.
- ✓Pump.fun still leads over the 30-day window, meaning the revenue flip is momentum-shifting rather than dominance-breaking; it supports ecosystem growth but does not justify aggressive SOL leverage.
Solana is drawing major real-world asset capital inflows, and the token is up nearly 3% on solid volume. Can this narrative push SOL toward the next resistance zone?
- ✓Solana reported $348 million in net RWA inflows, cementing its role as a leading blockchain for tokenized real-world assets and attracting fresh institutional capital.
- ✓SOL is up +2.92% over the last 24 hours to $105.22, showing strong buying pressure supported by $2.95 billion in trading volume.
- ✓Continued positive momentum above the psychological $100 level could trigger a short-covering rally toward the $112-$118 supply zone.
SOL holds above $100 as a fresh SEC Nasdaq order clears Solana of securities classification, removing a major legal overhang. With $2.97B in deep liquidity and a $566M short squeeze pressuring bears, SOL looks primed for a tactical bounce toward the $110 zone.
- ✓SEC formally cleared XRP and Solana in a fresh Nasdaq order, eliminating the classification risk that has capped institutional interest in SOL.
- ✓A massive $566M short squeeze event this morning shook leveraged bears, signaling that downside momentum is exhausted and forcing short covering flows.
- ✓SOL's 24h trading volume of $2.97B — roughly 28x its immediate liquidity needs — indicates robust market participation supporting price stabilization near the $100 psychological level.
SOL trades up 2.81% near $104 despite Remixpoint's treasury exit from altcoins, signaling resilient bid-side demand and healthy volume support as buyers defend the $100 psychological level.
- ✓Remixpoint's ¥117.8M profit-taking sale of SOL, ETH, XRP, and DOGE marks a decisive corporate rotation into Bitcoin, a sentiment headwind for altcoin narrative-driven flows.
- ✓SOL's +2.81% daily gain despite institutional sell-side pressure signals strong bid absorption around the $100 psychological floor, supported by a healthy $3.87B in 24-hour volume.
- ✓Holding above the $100-$104 supply zone positions SOL for a liquidity sweep toward the $110-$115 resistance shelf; failure to reclaim $108 would confirm consolidation rather than reversal.
Solana edges higher as Ondo urges the SEC and CFTC to greenlight US stock perpetuals onshore—a move that could cement Solana as the leading chain for tokenized real-world assets and derivatives.
- ✓Ondo Finance's call for the SEC/CFTC to bring US stock perpetuals onshore highlights Solana's role as the settlement layer for tokenized equities and derivatives.
- ✓SOL holds above the psychological $100 level with a positive 24h change (+0.79%) and robust trading volume (~$2.94B), signaling active institutional participation.
- ✓Regulatory clarity for tokenized securities would expand Solana's DeFi utility, driving fresh demand for SOL as collateral and gas asset.
Solana leads major altcoin losses as geopolitical risk from Iran strikes sparks a broad risk-off wave. With SOL slipping under the $100 psychological level, traders face a fragile short-term setup.
- ✓Geopolitical catalyst: Iran strikes triggered a broad risk-off session, hitting high-beta majors like SOL roughly three times harder than bitcoin.
- ✓Technical breakdown risk: SOL is trading at $99.90, just below the key $100 psychological level, with downside momentum building on elevated volume.
- ✓Broad risk sentiment: Every large-cap token fell in the past 24 hours, and without a crypto-specific catalyst, SOL remains vulnerable to further macro-driven deleveraging.
SOL Converter
USD value
$119.80
About Solana
What Is Solana (SOL)?
Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.
To learn more about this project, check out our deep dive of Solana.
The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain.
Because of the innovative hybrid consensus model, Solana enjoys interest from small-time traders and institutional traders alike. A significant focus for the Solana Foundation is to make decentralized finance accessible on a larger scale.
Who Are the Founders of Solana?
Anatoly Yakovenko is the most important person behind Solana. His professional career started at Qualcomm, where he quickly moved up the ranks and became senior staff engineer manager in 2015. Later on, his professional path shifted, and Yakovenko entered a new position as a software engineer at Dropbox.
In 2017, Yakovenko started working on a project which would later materialize as Solana. He teamed up with his Qualcomm colleague Greg Fitzgerald, and they founded a project called Solana Labs. Attracting several more former Qualcomm colleagues in the process, the Solana protocol and SOL token were released to the public in 2020.
What Makes Solana Unique?
One of the essential innovations Solana brings to the table is the proof-of-history (PoH) consensus developed by Anatoly Yakovenko. This concept allows for greater scalability of the protocol, which in turn boosts usability.
Solana is known in the cryptocurrency space because of the incredibly short processing times the blockchain offers. Solana’s hybrid protocol allows for significantly decreased validation times for both transaction and smart contract execution. With lightning-fast processing times, Solana has attracted a lot of institutional interest as well.
The Solana protocol is intended to serve both small-time users and enterprise customers alike. One of Solana’s main promises to customers is that they will not be surprised by increased fees and taxes. The protocol is designed in such a way as to have low transaction costs while still guaranteeing scalability and fast processing.
Combined with the longstanding professional expertise creators Anatoly Yakovenko and Greg Fitzgerald bring to the project, Solana is ranked number 7 in the CoinMarketCap ranking as of September 2021.
This came on the back of an impressive bull run, where Solana price gained over 700% since mid-July 2021. The launch of the Degenerate Ape NFT collection sent SOL price to an all-time high (ATH) above $60, and it has been climbing since, largely due to higher developer activity on the Solana ecosystem, greater institutional interest, growing DeFi ecosystem, and the rise of the NFTs and gaming vertical on Solana. Solana price rose to an ATH of $216 on Sept. 9, 2021.
Solana has received much praise for its speed and performance, and has even been tipped as a rival that can compare to Ethereum and challenge the dominant smart contract platform. However, the network has been plagued by repeated outages that have impaired its price and aspirations to be the "Visa of crypto." Furthermore, its ecosystem is accused of favoring venture capital investors with unfair tokenomics.
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Want to keep track of Solana prices live? Download the CoinMarketCap mobile app!
Want to convert Solana price today to your desired fiat currency? Check out CoinMarketCap exchange rate calculator.
How Many Solana (SOL) Coins Are There in Circulation?
The Solana Foundation has announced that a total of 489 million SOL tokens will be released in circulation. At the moment, about 260 million of these have already entered the market.
The SOL token distribution is as follows: 16.23% went towards an initial seed sale, 12.92% of tokens were dedicated to a founding sale, 12.79% of SOL coins were distributed among team members and 10.46% of tokens were given to the Solana Foundation. The remaining tokens were already released for public and private sales or are still to be released to the market.
Solana price during the initial seed sale, held on April 5, 2018, was $0.04. Given the recent ATH, that represents an impressive 5400X return on investment (ROI).
How Is the Solana Network Secured?
Solana relies on a unique combination of proof-of-history (PoH) and proof-of-stake (PoS) consensus mechanisms.
Proof-of-history is the main component of the Solana protocol, as it is responsible for the bulk of transaction processing. PoH records successful operations and the time that has passed between them, thus ensuring the trustless nature of the blockchain.
The proof-of-stake (PoS) consensus is used as a monitoring tool for the PoH processes, and it validates each sequence of blocks produced by it.
The combination of two consensus mechanisms makes Solana a unique phenomenon in the blockchain industry.
Where Can You Buy Solana (SOL)?
SOL tokens can be purchased on most exchanges. One choice to trade Solana is on Binance, as it has the highest SOL/USDT trading volume, $753,103,225 as of September 2021.
Next is Coinbase, with a trading volume of $343,872,841. Other options to trade Solana include Bilaxy and Huobi Global. Of course, it is important to note that investing in cryptocurrency comes with a risk, just like any other investment opportunity.
To check Solana price live in the fiat currency of your choice, you can use CoinMarketCap’s converter feature directly on the Solana currency page, or the dedicated exchange rate converter page. Popular Solana price pairs include: SOL/USD, SOL/GBP, SOL/AUD, SOL/JPY and SOL/EUR.