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Solana Price

(SOL)

AUD(A$)

A$108.48
0.00%(5m)

1m5m15m1h8h1d1W
Solana (SOL) Live Price Chart

    Solana Live Price Data

    The live price of Solana is A$108.48, with a total trading volume of A$ 23.5M in the last 24 hours. The price of Solana changed by +1.66% in the past day, and its AUD value has increased by +5.19% over the last week. With a circulating supply of 582,166,058 SOL, the market cap of Solana is currently 44.47B AUD, marking a +1.66% increase today. Solana currently ranks #7 in market cap.

    How do you feel about SOL today?

    Note: This data is for reference only.
    pk

    SOL(SOL) Profile

    altRank7
    rateBBB
    Expand
    A$106.63
    A$108.66
    ATH
    A$416.02
    Price Change (1h)
    +0.32%
    Price Change (24h)
    +1.66%
    Price Change (7d)
    +5.19%
    Market Cap
    24h Volume
    Circulating Supply
    582,166,058
    Max Supply
    --

    About Solana

    • What Is Solana (SOL) Crypto?

      Solana (SOL) is a high-performance Layer-1 blockchain platform designed to support decentralized applications (dApps) and cryptocurrencies. It aims to provide fast, secure, and scalable infrastructure for decentralized applications.

       

      Solana's unique Proof of History (PoH) consensus mechanism timestamps transactions, allowing the network to process thousands of transactions per second. This results in low transaction fees and quick processing times.

       

      The native cryptocurrency of the Solana network is SOL. You can use SOL to pay for transaction fees, stake to support network security, and participate in governance decisions.

       

      Developers choose Solana for its speed and efficiency, making it a popular choice for building dApps, decentralized finance (DeFi) platforms, and non-fungible token (NFT) marketplaces.

       

      Solana vs. Ethereum

      Ethereum remains a significant blockchain platform; however, Solana offers differences such as a hybrid consensus model and faster transaction speeds. Its lower transaction fees are suited for applications with high transaction volumes, like gaming and DeFi applications.

       

      Technologies employed by Solana, such as Proof of Stake (PoS), PoH, transaction parallelization technology (Sealevel), and 'Gulf Stream' technology, enable secure and efficient transaction verification. These technologies contribute to Solana's efficiency and scalability in the blockchain industry.


      Learn more about the differences between Solana and Ethereum.

    • How Does Solana Blockchain Work?

      Solana operates as a high-performance blockchain platform designed to support decentralized applications (dApps) and cryptocurrencies. It achieves this through a combination of innovative technologies that enhance speed and scalability.

       

      At its core, Solana utilizes a unique Proof of History (PoH) mechanism. PoH creates a historical record that proves events have occurred at a specific moment in time, allowing the network to process transactions quickly and efficiently.

       

      In addition to PoH, Solana employs a Proof of Stake (PoS) consensus mechanism. In PoS, validators are chosen to create new blocks and confirm transactions based on the number of SOL tokens they hold and are willing to "stake" as collateral. This approach enhances security and decentralization.

       

      Solana's architecture also includes several key components:

       

      > Turbine: A block propagation protocol that breaks data into smaller packets, enabling faster transmission across the network.

       

      > Gulf Stream: A mempool-less transaction forwarding protocol that pushes transactions to the edge of the network, reducing confirmation times.

       

      > Sealevel: A parallel smart contracts runtime that allows for the simultaneous processing of thousands of smart contracts, improving efficiency.

       

      These innovations enable Solana to process thousands of transactions per second with low fees, making it a robust platform for developers and users seeking speed and scalability in blockchain applications.

    • History of Solana Network and SOL Coin

      Solana was founded in 2017 by Anatoly Yakovenko, a former Qualcomm engineer, who introduced the concept of PoH consensus to enhance blockchain scalability. Solana launched its mainnet in March 2020, prioritizing speed and scalability. Here are the key highlights from the Solana roadmap since launch: 

       

      > 2021: DeFi and NFTs grew on Solana, with projects like Serum and Raydium enhancing liquidity, and platforms like Solanart drawing NFT creators and collectors.

       

      > 2022: Infrastructure improvements focused on stability and scaling, including QUIC and stake-weighted QoS for better network performance.

       

      > 2023: Solana launched its Mobile Stack (SMS) for blockchain integration on mobile and began Firedancer development with Jump Crypto to improve network resilience.

       

      > 2024: Introduced token extensions like confidential transfers, collaborated with AWS and Google Cloud to strengthen institutional support, and expanded development tools for broader adoption.

    • What Is SOL Token Used for?

      The Solana (SOL) token serves several key functions within the Solana blockchain ecosystem:

       

      1. Pay Transaction Fees on Solana Network: You use SOL to pay for transaction fees when transferring funds or interacting with smart contracts on the network.

       

      2. Staking Solana: By staking SOL, you can participate in the network's Proof of Stake consensus mechanism, helping to secure the network and earning rewards in return.

       

      3. Governance Participation: Holding and staking SOL may grant you the ability to vote on governance proposals, influencing the future direction of the Solana network.

       

      4. Access DeFi and dApps: SOL is used within various decentralized finance (DeFi) platforms and dApps built on Solana, facilitating activities like lending, borrowing, and trading.

       

      5. Trading SOL on Exchanges: You can trade SOL on cryptocurrency exchanges like KuCoin, engaging in spot market transactions to buy or sell SOL against other cryptocurrencies. 

       

      Learn more about how to stake SOL on Phantom wallet.

    • What Is Solana Tokenomics?

      Solana's tokenomics encompass the economic structure and distribution of its native cryptocurrency, SOL. At its inception, Solana had an initial total supply of 489 million SOL tokens, with no capped maximum supply.

       

      SOL Token Distribution

      > Seed Sale: 15.86% allocated to early investors.

      > Founding Sale: 12.63% designated for founding entities.

      > Validator Sale: 5.07% reserved to incentivize validators.

      > Strategic Sale: 1.84% set aside for strategic partnerships.

      > Public Auction Sale: 1.60% made available to the public.

      > Team: 12.50% allocated to the Solana team.

      > Foundation: 12.50% held by the Solana Foundation.

      > Community Reserve: 38.00% reserved for community initiatives.

    FAQ

    How much is 1 Solana (SOL) worth?
    KuCoin provides real-time AUD price updates for Solana (SOL). Solana price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time SOL to AUD exchange rates.
    Is Solana (SOL) a Good Investment?

    These factors make Solana an attractive option for investors seeking a fast, scalable, and cost-effective blockchain platform.

     

    1. High Transaction Speed: Solana processes thousands of transactions per second, ensuring quick and efficient operations.

     

    2. Low Transaction Costs: Transaction fees on Solana are minimal, making it cost-effective for users.

     

    3. Scalability: Solana's architecture supports a growing number of dApps without compromising performance.

     

    4. Active Ecosystem: A vibrant community of developers and projects enhances Solana's utility and adoption.

     

    5. Staking Rewards: By staking SOL, you can earn rewards, contributing to network security and receiving incentives.

    What Is Solana Price Prediction?

    Several factors influence the SOL price prediction: 

     

    1. Market Demand: Increased interest from investors and traders can drive up the Solana price.

     

    2. Network Usage: Higher activity on Solana's blockchain, such as more dApps and transactions, can boost demand for SOL, supporting the SOL to USD price.

     

    3. Technological Developments: Upgrades and innovations within the Solana network can enhance its appeal, potentially raising the SOL price.

     

    4. Tokenomics: Factors like token distribution, supply, and staking rewards impact the SOL crypto price.

     

    5. Market Sentiment: Positive news, partnerships, or broader cryptocurrency market trends can affect the SOL token price.

     

    Understanding these elements can help you assess the SOL price prediction better.

    How to Add Solana to MetaMask

    MetaMask does not directly support Solana (SOL) and its SPL tokens due to underlying different blockchain technology. However, you can add Wrapped Solana (wSOL) native to the BNB Chain and use it on MetaMask in the following manner:

     

    1. Visit the CoinMarketCap website and find the page for Wrapped Solana's token on the Binance Smart Chain (BEP20).

     

    2. Copy the contract address of Wrapped Solana on the Binance Smart Chain.

     

    3. Open your MetaMask extension or app and unlock it with your passcode or biometrics.

     

    4. Set the Binance Smart Chain (BSC) as your default network in MetaMask.

     

    5. Scroll down in MetaMask and click on "Import tokens."

     

    6. Paste the contract address of the Wrapped Solana you copied earlier, and MetaMask will automatically fill in the token details.

     

    7. Click "Add Custom Token" to add Solana to your MetaMask wallet on the Binance Smart Chain.

     

    This method uses a wrapped version of Solana (wSOL) on the Binance Smart Chain and can also be used on the Ethereum blockchain. Sending native SOL tokens to MetaMask can lead to a permanent loss of funds since they are not compatible.

    How to Swap Solana (SOL) to Ethereum (ETH) on Phantom Wallet

    To swap Solana (SOL) for Ethereum (ETH) using the Phantom Wallet, follow these steps:

     

    1. Open Phantom Wallet: Launch your Phantom Wallet application.

    2. Access the Swap Feature: Click on the Swap icon located at the bottom center of the screen.

    3. Select Tokens and Networks:

    > In the "From" section, choose Solana (SOL) as the token and ensure the network is set to Solana.

    > In the "To" section, select Ethereum (ETH) as the token and set the network to Ethereum.

    4. Enter Swap Amount: Specify the amount of SOL you wish to swap.

    5. Review Swap Details: Check the estimated amount of ETH you'll receive, including any fees.

    6. Initiate the Swap: Click "Review Order" to proceed, then confirm the transaction.

    7. Monitor Transaction: Track the swap's progress in the Activity tab.

     

    Important Notes

    1. Network Fees: Ensure you have enough SOL and ETH to cover transaction fees on both networks.

    2. Processing Time: Cross-chain swaps may take several minutes to complete, depending on network congestion.

    How to Stake SOL on Solana Network

    Using the Phantom Wallet - Solana’s official crypto wallet, you can stake SOL tokens on the Solana blockchain. Here’s how: 

     

    1. Set up an account on Phantom and fund it by buying SOL on KuCoin and withdrawing your tokens to the wallet. 

     

    2. Once the SOL tokens arrive in your Phantom Wallet, click on your SOL balance and then click on the three dots to reveal the staking menu. From there, click on "Stake SOL."

     

    3. You will see a list of validators. You can search for a specific validator by typing their name in the search panel. Once you find the desired validator, click on its name.

     

    4. Enter the amount of SOL tokens you want to stake and click on "Stake." Ensure that you leave some SOL in your account to cover transaction fees.

     

    5. After clicking "Stake," you will see your wallet staking your SOL tokens to the chosen validator. You can view the status of your transaction in a block explorer by clicking on the "View Transaction" link.

     

    6. It takes one epoch, approximately 2-3 days, for your stake to activate. After this period, your stake will appear active and earn rewards.

    How to Add Tokens to Solana Account on Ledger

    To manage Solana Program Library (SPL) tokens in your Ledger Solana account, follow these steps:

     

    1. Install the Solana App on Your Ledger Device

    Open Ledger Live and navigate to the "My Ledger" tab. Connect and unlock your Ledger device.

    If prompted, allow Ledger Live to access your device. Search for the Solana (SOL) app in the app catalog. Click "Install" to add the app to your Ledger device.

     

    2. Connect Your Ledger Device to a Third-Party Wallet

    Since Ledger Live doesn't currently support SPL tokens, use a compatible third-party wallet like Solflare or Phantom. Ensure Ledger Live is closed to prevent conflicts.

    Connect your Ledger device and open the Solana app on it. On the third-party wallet's website or extension, select the option to connect a hardware wallet. Follow the on-screen instructions to establish the connection.

     

    3. Access and Manage SPL Tokens

    Once connected, your Ledger-protected Solana account will appear in the third-party wallet interface. You can view, send, and receive SPL tokens through this interface.

    To send SPL tokens, ensure "blind signing" is enabled in the Solana app settings on your Ledger device.

     

    Important Notes:

    1. Always verify transaction details on your Ledger device before approving.

    2. Keep your Ledger device's firmware and the Solana app updated to the latest versions.

    3. Use only trusted third-party wallets to manage your assets.

     

    By following these steps, you can securely manage SPL tokens in your Ledger Solana account.

    What is the all-time high price of Solana (SOL)?

    The all-time high price of Solana (SOL) is A$416.02. The current price of SOL is down 73.92% from its all-time high.

    What is the all-time low price of Solana (SOL)?

    The all-time low price of Solana (SOL) is A$0.714. The current price of SOL is up 15,092.19% from its all-time low.

    How much Solana (SOL) is there in circulation?

    As of 8 9, 2026, there is currently 582,166,058 SOL in circulation. SOL has a maximum supply of --.

    How do I store Solana (SOL)?

    You can securely store your Solana in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your SOL include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.