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Solana

SOLUSD
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117.260

-0.580-0.49%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-0.46%

5 Days

-0.75%

1 Month

+14.04%

6 Months

+41.24%

Year to Date

-5.33%

1 Year

-43.03%

Key Data Points

Opening Price

117.990

Previous Closing Price

117.840
Price Range of the Day
115.350120.690
52-Week Price Range
59.870236.730
Recent
Analysis
Top Altcoins Price Forecast: Ripple, Cardano, Solana – Mild recovery signals further upside potential

Ripple (XRP), Cardano (ADA), and Solana (SOL) are trading in the green on Tuesday, recovering after a bearish start to the week. The mild recovery in Ripple and Solana aligns with steady institutional demand, while Cardano prepares for a potential bullish breakout of an overhead trendline.

Fxstreet7 hours ago
Solana (SOLUSD) Is down 1.04% on Sep 29: What Are the Risk Factors?

• Solana experienced a price pullback as Alpenglow upgrade mainnet dates remained unfinalized. • Rising U.S. Treasury yields and geopolitical friction created broader crypto market headwinds. • Institutional ETF inflows and resilient fundamental capital flows supported structural recovery prospects.

TradingKey17 hours ago
Solana Price Forecast: Bulls hold control as ETF inflows strengthen and RWAs, stablecoin metrics hit records

Solana (SOL) faces a mild pullback, trading below $119 on Monday after gaining over 22% in the last two weeks. Despite this correction, SOL bulls remain in control, with institutional demand recording the second-highest weekly inflow through spot Exchange Traded Funds (ETFs).

FxstreetMon, Sep 28
Solana (SOLUSD) Is down 1.03% on Sep 28: Why It Happened

• Solana experienced a pullback following a multi-session rally and profit-taking. • Futures market leverage cooled as perpetual swap funding rates moderated. • Technical indicators show a MACD buy signal and neutral RSI.

TradingKeyMon, Sep 28
Solana (SOLUSD) Volatility Intensified on Sep 26: What You Should Know

• Solana prices rose due to institutional demand, upgrades, and derivative-driven buy pressure. • Persistent ETF inflows and corporate treasury allocations provided strong structural buy-side support. • Technical indicators show a buy signal with neutral RSI and overbought Williams %R.

TradingKeySat, Sep 26
Top Altcoins Price Forecast: Ripple, Cardano, Solana – ETF inflows, whale demand signal further rally

Ripple (XRP), Cardano (ADA), and Solana (SOL) continue to experience a steady recovery with double-digit gains so far this month.

FxstreetFri, Sep 25

Solana Technical Analysis

1m
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Technical Indicators

Sell

Summary

Buy

Moving Average

Strong buy

About Solana

Solana is a highly functional open-source project leveraging blockchain technology’s permissionless nature to offer decentralized finance (DeFi) solutions. Initially conceptualized in 2017, Solana was officially launched in March 2020 by the Solana Foundation, headquartered in Geneva, Switzerland. The Solana protocol is engineered to facilitate decentralized application (DApp) creation, aiming to enhance scalability through a unique combination of proof-of-history (PoH) and proof-of-stake (PoS) consensus mechanisms. This innovative hybrid consensus model has garnered interest from both retail and institutional traders. The Solana Foundation is dedicated to expanding the accessibility of decentralized finance on a global scale.

Who are the founders of Solana (SOL)?

Solana was founded in 2017 by Anatoly Yakovenko, a former Qualcomm engineer. The other co-founders are Greg Fitzgerald, a former Dropbox engineer, and Eric Williams, a former Qualcomm engineer. The team has extensive experience in building distributed systems and crypto protocols.

What makes Solana(SOL) unique?

Solana's unique combination of Proof of History (PoH), Proof of Stake (PoS), and several other throughput-optimizing technologies creates a blockchain that is exceptionally fast, secure, and scalable. This innovative design makes Solana an attractive and versatile platform for a wide range of blockchain applications, including decentralized finance (DeFi), decentralized applications (DApps), and non-fungible tokens (NFTs). Solana's high-performance capabilities, along with its focus on decentralization, make it a compelling choice for developers and users seeking a scalable and efficient blockchain solution.

How fast are Solana transactions?

Solana is one of the fastest blockchains. According to its Official website, it is capable of processing up to 65,000 transactions per second. However, the website also notes that more complex transactions might take more time to process.

Solana

117.260
-0.580-0.49%
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