Solana (SOL) Price Analysis: Key Metrics and Market Insights

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Key Statistics

About Solana

Solana is a relatively new blockchain in the cryptocurrency space, but it has quickly established itself as a serious competitor. Designed to challenge Ethereum's dominance in smart contracts, NFTs, and Web3 applications, Solana emphasizes scalability through its unique hybrid consensus mechanism combining Proof-of-History (PoH) and Proof-of-Stake (PoS).

The native token SOL has benefited from the success of NFT projects and dApps built on Solana. Despite its achievements, the network has faced criticism for occasional outages. Nevertheless, SOL consistently ranks among the top 15 cryptocurrencies by market capitalization.

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Technical Indicators

Oscillators

Moving Averages

Summary

Historical Price Trends

Analyze SOL's price movements over previous years to identify recurring patterns.

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Frequently Asked Questions (FAQs)

What is Solana's current price?

The current price of Solana (SOL) is $150.00 USD, reflecting a 0.15% increase in the last 24 hours. For context, check out top gainers and losers in the crypto market.

What is Solana's 24-hour trading volume?

Solana's 24-hour trading volume is $3.72 billion USD. Compare this with other actively traded cryptocurrencies here.

How has Solana performed recently?

👉 Track SOL's price chart for more insights.

What is Solana's all-time high price?

Solana reached its peak price of $295.00 USD on January 19, 2025. Dive deeper into SOL's price history here.

What is Solana's lowest recorded price?

The lowest price recorded for SOL was $8.00 USD on December 29, 2022.

Where can I safely buy Solana?

Reputable crypto exchanges like Binance, Coinbase, and Kraken offer secure platforms for purchasing SOL. You can also trade SOL directly via TradingView charts after linking a trusted broker account.

How volatile is Solana?

Solana exhibits a volatility rate of 3.25%, typical for cryptocurrencies. Always conduct thorough research before investing.

Where can I discuss Solana with other traders?

Join public chats, Minds, or comment sections under trading ideas to engage with the community.