
Solana (SOL) price today
Solana is a high-performance blockchain for decentralized applications, with fast transactions and very low fees; SOL is the coin that pays fees and secures the network.
Solana price now
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Market data source: CoinGecko, with a reference USD/BRL rate. Values can lag by a few minutes.
What is Solana?
Solana is a public network conceived by Anatoly Yakovenko in 2017 and launched in 2020. It was designed to process thousands of transactions per second on a single chain, without relying on layer-2 networks.
SOL is the native asset: it pays the fee for every transaction and is staked to select the validators that produce blocks.
How Solana works
The network combines proof of stake with a cryptographic clock called Proof of History, which orders transactions before consensus and allows blocks in fractions of a second.
SOL holders delegate their tokens to validators and earn variable rewards. Issuance follows an annual inflation rate that declines over time, and part of the fees is burned; there is no fixed supply cap.
High performance requires powerful servers to run a validator, which shapes how decentralized the network is.
What SOL is used for
- Paying fees to use applications and transfer tokens on the network.
- Staking by delegating to validators.
- Trading and decentralized finance, including exchanges and lending.
- Stablecoin payments, NFTs and issuing new tokens.
Risks and points of attention
- Outage history: the network has gone down for hours on more than one occasion.
- High volatility, with deep drawdowns in bear cycles.
- A large volume of speculative tokens and scams circulates on the network, which calls for extra care with contracts and links.
- High hardware requirements concentrate validation among professional operators.
Key facts
| Symbol | SOL |
|---|---|
| Asset type | Cryptocurrency |
| Launch | 2020 |
| Network | Own blockchain (Solana) |
| Consensus mechanism | Proof of Stake with Proof of History |
| Maximum supply | No fixed maximum; declining annual inflation |
Reference data checked on October 3, 2026 against CoinGecko and the project's official pages.
Official links
Frequently asked questions about Solana
Why are Solana fees so low?
Because the network processes many transactions per block on a single chain. The base cost of a transfer is usually a fraction of a cent, although priority fees rise when block space is contested.
Does SOL have a maximum supply?
No. Issuance follows an inflation rate that falls over the years to a long-term level, and part of the fees is burned.
How does SOL staking work?
The holder delegates tokens to a validator without giving up ownership and earns variable rewards. Withdrawing takes a few days, and the yield depends on validator performance.
Where does the Solana price on this page come from?
The panel shows the SOL price in US dollars and Brazilian reais, with change, volume and market capitalization. Data comes from CoinGecko, uses a reference exchange rate and can lag by a few minutes.
Related reading
- Solana: what it is, advantages, risks and how to evaluate SOL
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