All the latest news and key insights you need from Solana
Solana is a high-performance, decentralized blockchain platform designed to support scalable, user-friendly applications for decentralized finance (DeFi), NFTs, and Web3 projects. Known for its exceptional speed and low transaction costs, Solana leverages a unique hybrid consensus mechanism combining Proof of History (PoH) and Proof of Stake (PoS) to achieve high throughput and sub-second finality. The core value proposition of Solana is its ability to process tens of thousands of transactions per second (TPS) without sacrificing decentralization or security—making it one of the fastest blockchain networks in the world.
Solana was created to solve the scalability challenges that plague many blockchain networks like Ethereum and Bitcoin. Traditional blockchains often struggle with slow transaction speeds, high gas fees, and network congestion, especially during periods of high demand. These limitations hinder mainstream adoption and usability. Solana was built from the ground up to offer a more scalable, cost-efficient infrastructure that can support mass adoption across a wide range of decentralized applications (dApps), enabling seamless experiences for developers and users alike.
$SOL is the native token of the Solana blockchain. It serves as the core utility and economic incentive for network participants. $SOL is used to pay transaction and smart contract execution fees, and it plays a vital role in maintaining network security through staking.
Holders can delegate their tokens to validators to earn rewards, helping decentralize and secure the network. As the Solana ecosystem evolves, $SOL may also enable on-chain governance, allowing users to vote on protocol upgrades and decisions. In addition, $SOL is often required to access certain decentralized applications and services within the Solana ecosystem.
Solana launched its Mainnet Beta, initiating live on-chain activity and enabling real SOL token usage.
Solana raised $314 million in a private token sale, fueling rapid ecosystem expansion.
SOL reached an all-time high near $260 amid surging interest in NFTs and DeFi on Solana.
Solana completed its founding sale, raising $12.6 million to support early protocol development.
ROI | PRICE | MARKET CAP | INVESTMENT |
---|---|---|---|
1xx | $177.61 | $95.4B | |
0.00xx | $0.02 | $10.0M | $0.052 |
0.00xx | $0.05 | $25.0M | $0.131 |
0.00xx | $0.09 | $50.0M | $0.262 |
0.00xx | $0.19 | $100.0M | $0.524 |
0.00xx | $0.47 | $250.0M | $1.31 |
0.01xx | $0.93 | $500.0M | $2.621 |
0.01xx | $1.40 | $750.0M | $3.931 |
0.01xx | $1.86 | $1.0B | $5.242 |
0.03xx | $5.59 | $3.0B | $15.726 |
0.05xx | $9.31 | $5.0B | $26.21 |
ATHx | $293.31 | $157.5B | $825.714 |
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Oraichain Unveils Ambitious H2 2025 Roadmap: Unifying AI and Blockchain for Mass Adoption
Cboe Files to List Staked Injective ETF, Marking a Milestone for Institutional Crypto Staking
PayPal Allows US Merchants To Accept over 100 Cryptocurrencies
Binance Coin (BNB) Breaks All-Time High at $830 Amid Surging Demand and Institutional Buy-In