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Solana

SOLUSD
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103.470

+0.360+0.35%
TradingKey Chart
Time
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30m
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Today

+0.35%

5 Days

-13.78%

1 Month

+2.98%

6 Months

+23.83%

Year to Date

-16.49%

1 Year

-50.16%

Key Data Points

Opening Price

102.990

Previous Closing Price

103.110
Price Range of the Day
102.860103.970
52-Week Price Range
59.870204.410
Recent
Analysis
Solana (SOLUSD) Is up 1.26% on Oct 14: Key Drivers to Watch

• Capital flowed into Solana due to network performance enhancements and ecosystem expansion. • Strong on-chain activity, stablecoin transfers, and payment integrations provided fundamental support. • Derivatives positioning and short-covering activity absorbed selling pressure and catalyzed upside.

TradingKey14 hours ago
Solana Price Forecast: SOL reclaims 50-day EMA amid tokenization expansion

Solana (SOL) trades above $107 on Tuesday, reclaiming the 50-day Exponential Moving Average (EMA) after closing below it the previous day.

FxstreetTue, Oct 13
Solana (SOLUSD) Is down 2.64% on Oct 13: What Are the Risk Factors?

• Solana fell due to SkyAI reserve liquidations and slowing institutional inflows. • Macroeconomic headwinds and long liquidations amplified downside pressure and volatility. • Technical indicators show neutral MACD, neutral RSI, and oversold Williams %R.

TradingKeyTue, Oct 13
Solana (SOLUSD) Volatility Intensified on Oct 12: What You Should Know

• Solana advanced as capital flowed into stabilizing major Layer-1 smart contract platforms. • Enterprise integrations and stablecoin wallet adoption supported positive on-chain network metrics. • Technical indicators show neutral MACD and RSI readings alongside a sell Williams %R.

TradingKeyMon, Oct 12
Solana (SOLUSD) Suddenly Goes down 1.09% on Oct 11: What's Driving This

• Solana price declined due to exchange inflows and macroeconomic headwinds. • Mainnet performance upgrades triggered a sell-the-news market reaction. • Derivatives deleveraging and spot outflows compounded downward price momentum.

TradingKeySun, Oct 11
Solana (SOLUSD) Suddenly Goes up 1.17% on Oct 10: What You Need to Watch

• Solana implemented 200-millisecond slot times, halving block production intervals. • Institutional settlement frameworks and stablecoin integration boosted capital allocation. • Derivatives short liquidations amplified the intraday price advance.

TradingKeySat, Oct 10

Solana Technical Analysis

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Technical Indicators

Sell

Summary

Sell

Moving Average

Sell

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

103.470
+0.360+0.35%
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