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Solana Research Hub | SOL information, history and analysis

Solana SOL
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3.64%
Overview SOL
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Created with Highcharts 9.3.3Jul '22Jan '23Jul '23Jan '24Jul '24Jan '2520232024202502M4M6M050G

Solana is a blockchain platform that supports high-performance decentralized applications and smart contracts. The Solana platform is designed to facilitate the creation of decentralized applications (DApps) to make decentralized finance accessible on a larger scale. Solana improves scalability by using the Proof of History consensus method, combined with the underlying blockchain’s Proof of Stake consensus method.

SOL is a token that operates on the Solana blockchain platform. The SOL token has the typical uses of a platform token such as:

  • Stake: Solana is in the process of activating inflation rewards for staking SOL tokens in exchange for energy and network support.
  • Fee Payment: SOL is used to pay fees in Solana’s blockchain network, such as transaction fees, smart contract fees, etc.
  • Compensation: SOL is used as a reward for Stakers/Nodes to ensure the stable operation of the network.
  • Governance: SOL token holders will have voting rights and platform governance rights.
Specifications
Symbol
SOL
Name
Solana
Market Specifications
Rank
#6
Price
3,190,182 VND
123.1 USD
Changes (1 Day)
-3.64%
Changes 7(Days)
-2.23%
Changes (1 Month)
-34.67%
Changes (3 Months)
-40.79%
Changes (This Year)
-35.37%
Highest (1 Day)
3,384,436 VND
Lowest (1 Day)
3,164,201 VND
Highest (1 Year)
7,667,321 VND
Lowest (1 Year)
2,880,742 VND
ATH Price
7,667,321 VND
ATL Price
24,405 VND
Holders
-
24h Volume
428,988,321.11 USD
10-days Average Volume
478,991,735.33 USD
Market Cap
62,781,146,316.59 USD
Total Supply
596,489,350.33 SOL
Max Supply
Circulating Supply
510,049,193.54 SOL
Fully Diluted Valuation
73,420,928,125.81 USD
Technical Analysis
Short-term (H1)
Neutral
Created with Highcharts 9.3.3Strong sellStrong sell
Sell
Strong
Buy
Strong
0%
Buy
12.5%
Neutral
87.5%
Sell
SMA(24)
3,260,823
Sell
SMA(72)
3,348,468
Sell
SMA(168)
3,328,584
Sell
EMA(24)
3,247,974
Sell
EMA(72)
3,311,427
Sell
EMA(168)
3,354,874
Sell
MACD Histo (12,26,9)
-2,243.4
Sell
RSI(14)
39.63
Neutral
Long-term (D1)
Neutral
Created with Highcharts 9.3.3Strong sellStrong sell
Sell
Strong
Buy
Strong
12.5%
Buy
12.5%
Neutral
75%
Sell
SMA(7)
3,335,637
Sell
SMA(30)
3,832,226
Sell
SMA(90)
4,892,199
Sell
EMA(7)
3,365,953
Sell
EMA(30)
3,858,685
Sell
EMA(90)
4,586,069
Sell
MACD Histo (12,26,9)
36,564.32
Buy
RSI(14)
39.93
Neutral
News
Solana
17:07:57 18/03/2025
Solana crashes 36% to 120 USD, but is the worst yet to come?

In March 2025, Solana’s price has fallen by 36% to 120 USD, making it the worst-performing top asset. Although there is a slight technical uptick, overall market negativity hinders potential recovery efforts.

Large sell-offs and decreased trading activity have contributed to downward pressure on SOL’s price. Additionally, negative market sentiment stemming from a failed advertising campaign adds to the uncertainty around Solana’s recovery.

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Daily News
16:02:23 18/03/2025
Crypto drifts lower, gold hits another ATH, Ethena to launch new chain

The cryptocurrency market is on a downward trend, while gold prices have hit an all-time high. Bitcoin (BTC) dominance increased due to significant inflows into U.S. BTC ETFs.

In the past month alone, long-term holders accumulated 167,000 BTC, mirroring patterns seen in previous market cycles, potentially pointing towards a bear market lasting 6 to 12 months.

Standard Chartered strongly predicts BTC could rise to 500,000 USD driven by macroeconomic trends, and further, Ethena plans to launch a new blockchain collaboration with Securitize.

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Solana
13:17:07 18/03/2025
Sol Strategies acquires three Solana validators, including Laine and Stakewiz.com

On March 17, 2025, Sol Strategies completed the acquisition of Laine and Stakewiz.com, aiming to solidify its position in the Solana ecosystem. Michael Hubbard was appointed Chief Strategy Officer to lead strategic initiatives, further enhancing the company’s operational capacity.

As of March 15, 2025, Sol Strategies’ staked SOL reached 3,351,617 SOL, reflecting a significant increase. The acquisition terms included $3.5 million in cash and shares, showcasing a strategic investment directed towards strengthening their validator infrastructure.

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Daily News
12:27:45 18/03/2025
Justin Sun hints at TRX integration with Solana

Justin Sun, founder of TRON, announced plans to integrate TRX with Solana, aiming for cross-chain compatibility. TRX is currently valued at 0.22 USD, having risen 5% in the last 24 hours.

The integration could facilitate direct swaps between TRX and SOL, potentially reducing transaction costs and eliminating intermediaries, aligning with Sun’s objectives for zero-fee stablecoin transactions.

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Solana
03:03:23 18/03/2025
Solana deletes controversial ad following crypto community backlash

Solana deleted its advertisement after receiving significant criticism on social media, particularly for its problematic political messaging related to gender diversity. Critics described the ad as “toxic” and “divisive,” prompting widespread discontent from community leaders.

The now-deleted video featured a line that ignited controversy, where a young man expressed a desire to create technology rather than focus on gender issues. This incident raised questions about Solana’s alignment with the core values of inclusivity in the cryptocurrency space.

Following the backlash, Solana’s market value suffered, with its price dropping to 118 USD, indicating broader market concerns. Many industry leaders expressed disappointment, suggesting that the ad contradicted the crypto community’s foundational principles.

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Daily News
12:12:42 17/03/2025
Crypto market’s biggest risks in 2025: US recession, circular crypto economy

Analysts forecast Bitcoin **BTC** could reach 180,000 USD by late 2025 despite recession threats. Tezos co-founder Arthur Breitman points out that crypto’s circular economy increases these risks.

More than 40% of market participants now foresee a recession in the US this year. Moreover, recent memecoin activities are affecting the liquidity of established cryptocurrencies like Solana, raising broader market concerns.

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Solana
02:03:20 17/03/2025
FalconX carries out ‘first’ CME Group Solana futures block trade

FalconX successfully completed the first-ever block trade of CME Group’s Solana futures on March 16, 2025, with StoneX as the counterparty, a day before the official launch.

The introduction of Solana futures is seen as a key step towards potential SEC approval for Solana ETFs, with various asset management firms, including Franklin Templeton, filing applications.

FalconX reported significant trading volume in the crypto derivatives market, executing over 1.5 trillion USD across various tokens, bolstering its role as a liquidity provider.

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Solana
18:45:53 16/03/2025
FUN FACT: Exactly 5 years ago today, Solana $SOL officially launched
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Daily News
16:07:02 16/03/2025
Bitcoin ETF outflows persist: ‘That’s a big red flag,’ says community

Bitcoin ETFs have struggled significantly, nearly erasing their net inflows by March 2025. Positive inflows were recorded for only five days in February, highlighting ongoing investor sentiment issues.

Concerns over Bitcoin ETFs reflect broader market volatility. An increase in Bitcoin’s price failed to mask persistent outflows, with cumulative losses raising red flags among investors.

Asset managers are now shifting focus toward potential altcoin ETFs, including those for Litecoin, XRP, Solana, and Dogecoin, aiming to diversify and boost investor confidence in the crypto market.

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Solana
09:07:02 16/03/2025
Why SOL’s price is stagnant despite Solana’s thriving activity

Solana leads the blockchain market with more than 4 million daily active addresses and 86 million transactions. However, despite this high utilization, SOL’s value hasn’t seen a corresponding increase.

The anticipated GENIUS Act may enhance the stablecoin supply significantly, benefiting Solana. Additionally, the cup-and-handle pattern in technical analysis suggests that SOL could rise to 135-140 USD if it successfully breaks resistance.

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Market Data
SOL coin
Rank
#6
Price
3,190,182 VND
123.1 USD
-3.64%
Volume
$428,988,321.11
+22.01%
Market Cap
$62,781,146,316.59
Circulating Supply
510,049,193.54 SOL
Total Supply
596,489,350.33 SOL
Max Supply
ATH Price
7,667,321 VND
ATL Price
24,405 VND
Holders
-
Last updated 2025-03-18 17:09 (UTC)
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