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Solana

SOLUSD
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102.910\N

+0.530+0.52%
TradingKey Chart
Time
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30m
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D

Today

+0.52%

5 Days

-1.67%

1 Month

-12.03%

6 Months

+18.63%

Year to Date

-16.94%

1 Year

-42.63%

Key Data Points

Opening Price

102.700

Previous Closing Price

102.380
Price Range of the Day
102.250104.240
52-Week Price Range
59.870204.410
Recent
Analysis
Solana (SOLUSD) Volatility Intensified on Oct 23: What You Should Know

• Solana buyers defended support levels, triggering short-covering and spot accumulation. • The Alpenglow upgrade reduces transaction finality to sub-second benchmarks. • Technical indicators show a sell signal with a MACD of -1.105.

TradingKey22 hours ago
Top Altcoins Price Forecast: Ripple, Solana, and Cardano extend decline as sellers resurface

Major altcoins, including Ripple (XRP), Cardano (ADA) and Solana (SOL), are trading in the red on Thursday as near-term selling pressure resurfaces.

FxstreetThu, Oct 22
Solana (SOLUSD) Is down 1.07% on Oct 22: What Do On-Chain Data and Market Sentiment Show?

• Solana fell due to ETF outflows and macroeconomic risk-aversion. • The Alpenglow upgrade triggered profit-taking and systematic derivatives deleveraging. • Network fundamentals remain strong despite the short-term price correction.

TradingKeyThu, Oct 22
Solana (SOLUSD) Is up 1.64% on Oct 20: Here Is Why

• Capital shifted to Solana ahead of the upcoming Alpenglow consensus upgrade. • Strong technical defense and on-chain metrics reinforced the upward price movement. • Technical indicators show a MACD sell signal and neutral RSI condition.

TradingKeyTue, Oct 20
Top Altcoins Price Forecast: Ripple, Cardano, Solana – XRP, ADA face downside risk as SOL consolidates

Top altcoins, including Ripple (XRP), Cardano (ADA), and Solana (SOL), stall on Tuesday after a bearish week, suggesting a brief pause in selling pressure.

FxstreetTue, Oct 20
Solana (SOLUSD) Is up 2.83% on Oct 19: What Do On-Chain Data and Market Sentiment Show?

• Solana capital inflows rose due to improved sentiment and institutional dip-buying. • Ecosystem growth and tokenized enterprise initiatives reinforced long-term institutional network adoption. • Technical indicators show a MACD sell signal and oversold Williams %R.

TradingKeyMon, Oct 19

Solana Technical Analysis

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Technical Indicators

Strong 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

102.910
+0.530+0.52%
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