How to Buy Solana (SOL)

Price of Solana (24h)$19.84090278price-24h-img-1.61%Buy Solana (SOL)BtnArrowRight
Interested in buying Solana (SOL) or exploring other cryptocurrencies? This is the right place for you! KuCoin offers safe and easy ways to let you buy Solana (SOL) instantly wherever you are! Check out all the ways you can buy SOL on KuCoin.

Buy Solana (SOL) on KuCoin in Four Simple Steps

Create Your Free KuCoin Account

Sign up on KuCoin with your email address/mobile phone number and country of residence, and create a strong password to secure your account.

Secure Your Account

Ensure stronger protection of your account by setting Google 2FA code, anti-phishing code, and trading password.

Verify Your Account

Verify your identity by entering your personal information and uploading a valid Photo ID.

Add a Payment Method

Add a credit/debit card or bank account after verifying your KuCoin account.

Buy Solana (SOL)

Use a variety of payment options to buy Solana on KuCoin. We'll show you how.

Choose How You Want to Buy Solana on KuCoin

Buying cryptocurrencies is easy and intuitive on KuCoin. Let's explore the different ways of buying Solana (SOL).

Buy Solana (SOL) with a Credit or Debit Card

This is the easiest way for new users to purchase (SOL). Link your credit or debit card to your account, enter the purchase amount, then wait for the transaction to be completed.

Buy Solana (SOL) via Bank Transfer

Depending on the region you are in, bank transfers are also a safe and convenient way to buy Solana. You can purchase SOL once the funds arrive in your account.

Buy Solana (SOL) Using Third-Party Channels

KuCoin supports a variety of leading third-party payment processors. Visit our third-party payment page to view available methods in your region.

Buy Solana (SOL) with crypto on the KuCoin Spot Market

With support for 700+ digital assets, the KuCoin spot market is the most popular place to buy Solana (SOL). Here's how to buy:
1. Buy stablecoins such as USDT on KuCoin using the Fast Trade service, P2P, or through third-party sellers. Alternatively, transfer your current crypto holdings from another wallet or trading platform to KuCoin. Make sure your blockchain network is correct, since depositing crypto to the wrong address may result in loss of assets.
2. Transfer your crypto to a KuCoin Trading Account. Find your desired Solana (SOL) trading pairs in the KuCoin spot market. Place an order to exchange your existing crypto for Solana (SOL).
RemarkImgTip: KuCoin offers a variety of order types to buy Solana (SOL) in the spot market, such as market orders for instant purchases and limit orders for buying crypto at a specified price. For more information about order types on KuCoin, click here.
3. As soon as your order is successfully executed, you will be able to see your available Solana (SOL) in your Trading Account.

Get Your First Solana (SOL) with KuCoin

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How to Store Solana (SOL)

The best way to store Solana (SOL) varies based on your needs and preferences. Review the pros and cons to find the best method of storing Solana (SOL).

Store Solana in Your KuCoin Account

Holding your crypto in your KuCoin account provides quick access to trading products, such as spot and futures trading, staking, lending, and more. KuCoin serves as the custodian of your crypto assets to help you avoid the hassle of securing your private keys on your own. Make sure to set up a strong password and upgrade your security settings to prevent malicious actors from accessing your funds.

Hold Your Solana in Non-Custodial Wallets

"Not your keys, not your coins" is a widely recognized rule in the crypto community. If security is your top concern, you can withdraw your Solana (SOL) to a non-custodial wallet. Storing Solana (SOL) in a non-custodial or self-custodial wallet grants you complete control over your private keys. You can use any type of wallet, including hardware wallets, Web3 wallets, or paper wallets. Note that this option may be less convenient if you wish to trade your Solana (SOL) frequently or put your assets to work. Be sure to store your private keys in a secure location as losing them may result in the permanent loss of your Solana (SOL).

What Can You Do with Solana (SOL) on KuCoin?


Store your Solana (SOL) in your KuCoin account.


Trade Solana (SOL) in the spot and futures markets.


Earn passive income by staking or lending Solana (SOL).

Why Is KuCoin the Best Platform to Buy Solana (SOL)?

Safe and Trusted

Our regular Proof of Reserves (PoR) mechanism ensures that customer funds are backed by 1:1 real assets. KuCoin was named one of the Best Crypto Exchanges by Forbes in 2021 and selected by Ascent as the Best Crypto App in 2022.

High Liquidity

Boasting a high liquidity order book for all listed cryptocurrencies, KuCoin delivers a liquid trading experience with tight spreads.

Home of Crypto Gems

KuCoin supports more than 700 cryptocurrencies and is the best place to find the next crypto gem. Buy Solana and trade it against various digital assets on KuCoin.

Intuitive Interface

Buying Solana (SOL) on KuCoin is quick and easy, thanks to our intuitive interface and powerful technology. Obtain SOL in an instant when you buy on KuCoin.


Is Solana’s SOL a Good Investment?

The Solana protocol offers a robust ecosystem for developing Web 3.0 and decentralized finance applications. As a result, increasing the adoption of such technologies among users can drive up the demand for the Solana blockchain among developers and make it a worthwhile investment to include in your crypto portfolio.

The SOL price can increase as more dApps launch on the blockchain and gain traction among users. Thanks to its high throughput, scalability, and smart contract capabilities, the Solana network offers a highly attractive alternative to Ethereum for dApp developers, one of the most substantial advantages supporting its value growth.

The Solana price can also enjoy growth amid a bullish sentiment toward the crypto market. Whenever the price of leading cryptos like Bitcoin and Ethereum rise, investor confidence receives a boost which drives up interest in leading altcoins, SOL included.

How much is 1 Solana (SOL)?

Solana is among the top 10 cryptocurrencies by market cap and has enjoyed quite the wild price action through the second half of 2021. It shot to fame, powered by the bull run in the crypto market and the rising adoption of its smart contract capable ecosystem by dApp developers looking to escape the high transaction costs and network congestion issues on Ethereum.

The Solana price hit an all-time high (ATH) of above $260 in November 2021, although the bearish mood towards digital assets brought down the SOL price into early 2022. Since its launch, Solana (SOL) has enjoyed an ROI of over 18,000%, making it one of the strongest performing altcoins in the crypto market lately.

There is also rising interest in Solana crypto among institutional investors, which could help the SOL price reclaim its ATH and rise even higher. As more mainstream investors buy Solana, the asset's value could increase well beyond its current highest price.

However, remember that there is no surefire way to make an accurate Solana price prediction over any period. You can, however, increase your chances of profit while trading Solana by doing your own research(DYOR) before entering a new trade.

What is Solana (SOL) Used For?

The SOL token is the native digital asset of the Solana blockchain and serves many purposes, including:

Pay Transaction Costs

SOL is the cryptocurrency in which users and developers pay transaction costs for using the Solana network. As of June 2022, the transaction costs on the network are around $0.00025 per transaction.


You can stake your SOL crypto to increase the security and resilience of the Solana blockchain. In addition to staking to become a validator who verifies transactions and adds new blocks, you can also delegate your SOL stake to existing network validators. In return, you can earn rewards and grow your Solana investment.

Cryptocurrency to Trade and HODL

Solana is one of the top cryptocurrencies in market cap, liquidity, and trading volume. As a popular digital asset among investors, you can trade SOL against other cryptocurrencies or hold it over the long term to increase the value of your trading portfolio. Always check Solana price live, SOL market cap, circulating supply, trading volume, and fundamentals before placing a new trade in SOL.

Earn Passive Income on KuCoin

You can earn attractive returns on your Solana holdings by lending liquidity in SOL to the KuCoin Exchange. Head to the KuCoin Crypto Lending section and select the SOL token from our list of offerings. Enter the number of SOLs you wish to lend and select the duration (choose from 7 days, 14 days, or 28 days). You can then see the daily interest rates we offer and get an estimate of the profits you could make.

KuCoin also lets you stake SOL crypto to generate a stream of passive revenue. Head to the KuCoin Earn section to learn about the latest APRs on offer and start staking Solana on our platform.

Can I Mine Solana Crypto?

Solana (SOL) cannot be mined as the blockchain does not use proof of work consensus mechanisms like Bitcoin and Ethereum. Since Solana leverages a combination of proof of stake and proof of history mechanisms for consensus, you can contribute to validating transactions via staking SOL tokens on the network.

You can stake SOL to function as a validator node responsible for verifying transactions taking place on Solana and creating new blocks. In exchange for your efforts, you can earn rewards in SOL crypto.

There is no minimum number of SOL you have to stake to become a validator, but you need a vote account with a rent-exempt reserve of 0.02685864 SOL and a commitment to spend up to 1.1 SOL each day to send a vote transaction. You also need to invest in a higher-powered CPU with 12 cores or 24 threads, a processing speed of at least 2.8 GHz, at least 128 GB RAM, and high disk space of more than 500 GB.

How to Stake Solana

Keep in mind that Solana does not yet have its official wallet as of June 2022. You can, however, stake Solana through other supported wallets.

Here’s how to stake SOL and generate a stream of passive income from holding this cryptocurrency:

  1. Buy Solana via a crypto exchange like KuCoin.
  2. Transfer your SOL tokens from your KuCoin trading account into an external wallet supporting Solana staking.
  3. Create a staking account on the wallet of your choice that allows you to stake Solana.
  4. Select the validator you wish to delegate your staked tokens to.
  5. Sit back, claim your staking rewards regularly, and grow your SOL holdings.

Solana (SOL) Price Analysis

Live Price

The live price of SOL is 19.48 USD, representing a decrease of -5.3% in the past 7 days and -1.61% decrease in the past 24 hours.

Historical Trends

The all-time high of SOL was 260.06 USD on 11-06, 2021, from which the coin is now down -92.51%.
The all-time low of SOL was 0.505 USD, from which the coin is now up 97.41%.
$ 0.505
$ 260.06

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Given the nature of the crypto market, the price of Solana (SOL) is subject to high market risk and price volatility. We recommend you invest in digital assets only after you understand how they work and their associated risks. Other factors to consider when devising your crypto investment strategy include your experience level, financial situation, investment objectives, and risk tolerance. You could also consult an independent financial advisor before buying cryptocurrencies. The above information is not financial advice, and past performance is not a reliable indicator of how the market will fare in the future. The value of your investments and assets may rise or fall based on market conditions, and there is no guarantee that you will get back the amount you invest or profit from your investments. Your investment decisions are your sole responsibility, and KuCoin is not responsible for any losses you may incur when you buy crypto on its platform. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information is provided to you solely for informational purposes and is not warranted by KuCoin.