Read the latest Solana news and analysis from the TipRanks news team.
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Solana and Blockchain Related Companies
These are companies that are actively involved in the development and utilization of Solana and blockchain technologies
Name
Price
Price Change
Analyst Price Target
Analyst Consensus
Smart Score
Top Analysts' Price Target
Most Accurate Analyst
Most Profitable Analyst
Yearly Gain
Follow
Currently, no data available
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10
Solana FAQ
What is the price of one Solana?
The live price of Solana (SOL-USD) is $255.05.
What’s Solana All-Time High?
Solana's (SOL-USD) all-time high is $264.52.
What is the total supply of Solana?
The total supply of Solana (SOL-USD) is 588.78M coins.
What is Solana dominance?
Solana (SOL-USD) dominance is at 4.12%.
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What is Solana?
Solana
Founded in 2017, Solana blockchain is based on the Proof-of-History (PoH) mechanism in combination with the Proof-of-Stake (PoS) mechanism. The open source project offers solutions for decentralized finance (DeFi) and decentralized applications (DApp) and the combination of PoH and PoS enables scalability and usability.
The protocol provides fast processing times (3,812 TPS) and lower cost per transaction ($0.00025), which has led to increasing participation from regular users as well as enterprises.
The maximum supply of SOL coins is capped at 489 million, with around 260 million coins already in circulation. The network is spread over thousands of independent nodes, which makes it secure, and boasts of 400 millisecond block times already.