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Solana logo Solana (SOL)

DeFinda Score™

An impartial, objective analysis of Solana's features to help you compare it with other coins.
Market Cap
9
Development
9
Community
6
Liquidity
8
Search Results
7
Price to ATH
1

Solana blockchain is created to solve the problems with Ethereum Blockchain Network. Solana offers faster transactions at a very low cost. Solana Blockchain supports smart contracts, NFTs and Dapps. Solana is one of the fastest blockchains the fastest-growing ecosystem. The main difference between Solana and Ethereum is their consensus mechanisms. Solana is criticized for trading off security for scalability.

With a total market cap of over $7.99 billion, Solana is the No. 9 cryptocurrency by market size. The currency symbol for Solana is SOL. The total supply of Solana is 558 million coins.

We found crypto protocols offering up to 431.6% APY on Solana deposits (8% APY CeFi, 431.6% APY DeFi) and loans as low as 6.9% APR against Solana used as collateral. Check out our Solana staking yields table and Solana loan rates table for further details.

Solana Price History

Simple Chart Advanced Chart

4.1%

7 Days

6.5%

30 Days

21.7%

60 Days

40.9%

1 Year
All Time Low
$0.501 USD
11 May 2020
3 years and 138 days ago
All Time High
$260 USD
6 Nov 2021
1 year and 324 days ago

Will the Price of Solana Go Up or Down?

The technical price analysis for Solana below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of Solana.

Solana User Sentiment

Currently 70% of users are positive about Solana.

Solana Reviews

Based on a total of 3,544 reviews across the web for Solana we gave the cryptocurrency an overall rating of 91%.

User Reviews
Overall User Rating
88%
12 reviews 12
Revain
88%
12 reviews 12
Reddit
ICO Rating
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Solana YouTube Reviews

Solana FAQs

AThe highest price that Solana ever reached was $259.96 USD. This all time high price occured on 6 Nov 2021.
AThe lowest price that Solana ever reached was $0.5008 USD. This all time low price occured on 11 May 2020.
AYes you can find the Solana Reddit channel at https://reddit.com/r/solana.
ASolana uses a proof of stake concensus algorithm.
ASolana is part of the Solana ecosystem.
AYes, staking is available for Solana on a number of platforms. For a full list of Solana staking yields see our list of Solana staking yields.
AYou can earn up to 431.6% APY by staking your Solana tokens. Check out our Solana staking yields table for further details.
ARight now the best staking rates are on Orca with an income rate of up to 431.6% APY.
AThe best CeFi staking rate that we could find for Solana is on YouHodler with an income rate of up to 8% APY and the best DeFi staking rate is on Orca with an income rate of up to 431.6% APY.
AYou can check the technical indicators for Solana on the Solana Price Trend tab. These indicators are based on the analysis of multiple trading signals for Solana.
AYou can find the cheapest exchange on which to buy Solana on the Solana Buy tab.
AAlmost all Solana loans require you to provide collateral of higher value than the value of the loan that you are tkaing it. The only exception to this is Solana flash loans which allow you to borrow uncollateralised Solana for a few seconds as part of a wider transaction. You will need advanced coding skills to take advantage of flahs loans. You can compare all Solana loans on the Solana Loans tab.
AThe following venture capital firms have invested in Solana: Andreessen Horowitz, Alameda Research's, CMS Holdings, Multicoin Capital, OKEx Blockdream Ventures and Kenetic Capital.

Solana Comparisons

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