What is Solana?
Solana (SOL) is the native coin of the Solana network, built for high speed and low fees, with many apps and tokens running on it. SOL is used to pay fees and for staking.
Solana has suffered several outages in the past, which is a risk worth knowing about. Its speed and low fees have drawn a lot of activity to it.
What moves the Solana price?
The Solana price is formed by buying and selling in the market, and a few broad factors influence it. These are not predictions; they only explain why the number on the card changes:
- How much the network and its apps are used.
- Supply and demand in the crypto market.
- Network stability and technical news; an outage or a major upgrade can change market confidence.
- The mood of the wider market and the global economy.
How is the Solana price on this page calculated?
The card above shows the Solana (SOL) price in US dollars, with the 24-hour change and the time of the last update. Switch the currency in the card to see it in euros, UAE dirhams or Turkish lira: the value is the US dollar price multiplied by the market rate of that currency per US dollar. If your currency moves against the dollar, the local price of Solana moves even when its dollar price stands still.
The 24-hour change compares the current price with the price at this same moment yesterday. It describes the recent past and says nothing about tomorrow.
The price on this page is for display and reference only, not a trade price. When you pay or convert in Waletifi, the exact amount comes from a signed quote with an expiry that you see before you confirm. If the price hasn’t updated for a few minutes, you see a warning next to it.
Hold, receive and send Solana in Waletifi
Waletifi supports Solana and creates a Solana address from the same 24-word recovery phrase. The network fee is paid in SOL and shown before you confirm. The phrase follows the BIP39 standard, so you can also restore your Solana in other standard wallets.
To get Solana, you can deposit it from an exchange or another wallet to your own address and, where conversion is available for it, convert from another asset; the minimum you receive and every fee are shown before you confirm. Availability depends on the pair and your country.
Keys are created and kept only on your phone, and we can’t touch your funds. Write your 24-word recovery phrase on paper and keep it somewhere safe.
Know the risks
Crypto prices can move a lot in a single day, and Solana is no exception. This page is not advice to buy or sell and promises no returns; only put in money you can afford to see go down.