Current Solana Price And Market Cap

Solana Price Surges: Real-Time Updates and Market Insights

Current Solana Price and Market Cap

As of today, the live Solana (SOL) price stands at **14516 USD**, with a 24-hour trading volume of **2,099,446,980 USD**. The token has a circulating supply of **450 million SOL** and a market capitalization of **654,521,848,002 USD**.

Solana Price Performance

Over the past 24 hours, the SOL price has experienced a **330 USD** increase, resulting in a change of **3.30%**. This recent price action has left the token's market capitalization at **654,521,848,002 USD**.

About Solana

Solana (SOL) is a cryptocurrency launched in **2020**. The platform utilizes a unique hybrid consensus mechanism that combines the Proof-of-Stake (PoS) and Proof-of-History (PoH) algorithms. This combination enables Solana to process transactions quickly and efficiently, handling up to **65,000 transactions per second**.

Key Features of Solana

* High Transaction Speed: Solana boasts extremely fast transaction speeds, making it suitable for high-volume applications. * Low Transaction Fees: The platform offers low transaction fees, making it accessible for users and developers. * Scalability: Solana is designed to be scalable, with the ability to handle an increasing number of transactions as the network grows.

Buying and Selling Solana

To purchase Solana, you can create an account on a reputable cryptocurrency exchange such as **Coinbase**. These exchanges provide a secure and reliable platform for buying, selling, and storing SOL tokens.