SOL Price Today & Market Overview
The current Solana (SOL) price is ETH 0.05977786 with a 24-hour trading volume of ETH 1,622,449. Here's a quick snapshot:
- 24h Change: -2.09%
- 1h Change: -1.13%
- Market Cap: $534.61M
- Fully Diluted Market Cap: $92.7B
- CoinGecko Rank: #6
๐ Track real-time SOL/ETH prices
Key SOL Metrics
| Metric | Value |
|---|---|
| Circulating Supply | $534.61M |
| Total Supply | $604.31M |
| Current Exchange Rate | 1 SOL = ETH 0.05977786 |
SOL to ETH Conversion Calculator
Easily convert between Solana and Ethereum:
- Solana โ Ethereum: Enter SOL amount to see ETH equivalent
- Ethereum โ Solana: Input ETH to calculate SOL value
Example: At current rates, 1 SOL = ETH 0.05977786
Understanding Solana (SOL)
SOL is the native token of Solana โ a high-performance Layer-1 blockchain launched in 2020 by Anatoly Yakovenko.
Why Solana Stands Out:
- Blazing Speed: Processes 50,000-65,000 TPS
- Hybrid Consensus: Combines Proof-of-Stake (PoS) with Proof-of-History (PoH)
- Smart Contract Platform: Supports dApps like Ethereum but with lower fees
- Decentralized Architecture: Maintains security while scaling
๐ Explore Solana ecosystem projects
Frequently Asked Questions
1. Why is SOL price dropping today?
SOL's -2.09% dip aligns with broader crypto market trends. Short-term fluctuations are normal in volatile markets.
2. How does Proof-of-History work?
PoH timestamps transactions before consensus, reducing validation time. Combined with PoS, it enables Solana's speed.
3. Where can I stake SOL?
Major exchanges like OKX, Binance, and Kraken offer SOL staking, typically yielding 5-7% APY.
4. Is Solana better than Ethereum?
While faster/cheaper for transactions, Ethereum leads in decentralization and dApp diversity. Both serve different needs.
5. What's SOL's max supply?
Solana has no hard cap, but current circulating supply is 534.61M with inflation decreasing annually.
SOL Price Prediction Factors
Several elements influence SOL's value:
- Network adoption (growing dApp ecosystem)
- Ethereum competition (as ETH alternative)
- Crypto market trends
- Staking yields and inflation rate
Remember: Always DYOR (Do Your Own Research) before investing.
Data updated as of latest market close. For real-time conversions, use our interactive calculator above.
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