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Solana Research Hub | SOL information, history and analysis

Solana SOL
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4.28%
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
3,335,033 VND
128.34 USD
Changes (1 Day)
-4.28%
Changes 7(Days)
-3.91%
Changes (1 Month)
-23.91%
Changes (3 Months)
-29.9%
Changes (This Year)
-32.44%
Highest (1 Day)
3,511,509 VND
Lowest (1 Day)
3,296,835 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
315,478,879.07 USD
10-days Average Volume
365,271,760.87 USD
Market Cap
65,275,000,082.73 USD
Total Supply
596,638,851.49 SOL
Max Supply
Circulating Supply
510,177,688.03 SOL
Fully Diluted Valuation
76,337,327,159.8 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)
3,390,579
Sell
SMA(72)
3,335,430
Sell
SMA(168)
3,369,021
Sell
EMA(24)
3,366,833
Sell
EMA(72)
3,362,896
Sell
EMA(168)
3,362,585
Sell
MACD Histo (12,26,9)
-2,559.66
Sell
RSI(14)
45.05
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)
3,382,971
Sell
SMA(30)
3,705,740
Sell
SMA(90)
4,831,536
Sell
EMA(7)
3,367,625
Sell
EMA(30)
3,769,417
Sell
EMA(90)
4,507,353
Sell
MACD Histo (12,26,9)
52,913.89
Buy
RSI(14)
41.72
Neutral
News
Daily News
23:57:45 20/03/2025
The SEC might approve multiple altcoin ETFs together in Q2 2025.

The SEC has classified proof-of-work cryptoassets as commodities, which opens doors for altcoin ETFs. This key ruling is expected to lead to multiple ETF approvals by Q2 2025, particularly for assets like Solana and XRP, increasing the attractiveness of altcoins.

Despite momentum towards pro-crypto regulations, there remains dissent from within the SEC, notably from Commissioner Caroline Crenshaw, who warns about potential loopholes in recent rulings. Nevertheless, the upcoming confirmation of Paul Atkins could position the SEC to approve more altcoin ETFs.

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Solana
19:16:55 20/03/2025
Trezor integrates Solana staking via partnership with Everstake

Trezor Suite allows SOL holders to stake tokens directly from hardware wallets while maintaining full control over their assets. This integration, announced on March 19, enhances user experience in token delegation.

In collaboration with Everstake, users can choose validators to delegate their SOL tokens. This feature emphasizes user autonomy and ensures that asset management remains secure.

With a low minimum stake of 0.01 SOL, this staking service is accessible to a wide range of investors, including small holders. The update is compatible with Trezor Model T, Safe 3, and Safe 5.

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Daily News
06:33:27 20/03/2025
Solana CEO expresses regret over controversial ‘America is Back’ ad

The CEO of Solana expressed regret over a controversial advertisement promoting the phrase “America Is Back.” This sentiment reflects concerns regarding public perception and the impact on the cryptocurrency community.

Optimism surged in the cryptocurrency market as Bitcoin nears 86,000 USD, aided by the Federal Reserve’s hint at future rate cuts. Trump’s advocacy for immediate cuts amid economic uncertainty highlights a volatile market landscape.

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04:55:10 20/03/2025
Volatility Shares launches first Solana ETFs in the US

On March 19, 2025, investment management firm Volatility Shares announced that it will officially launch the first two Solana ETF futures in the U.S. on March 20, 2025.

This milestone is expected to create new opportunities for investors to access SOL through the traditional stock market, attract institutional investors, and drive fresh capital inflows into the market.

SOL has surged nearly 6% in the past 24 hours following the ETF launch announcement, coupled with the overall crypto market rebound after Fed’s decision to maintain interest rates on March 19.

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Daily News
17:03:05 19/03/2025
Fact check: Is BlackRock really filing for XRP and SOL ETFs?

There is rising speculation that BlackRock may file for both XRP and Solana ETFs following Franklin Templeton’s recent submission of an XRP ETF. This rumor gained momentum after the Ripple CEO revealed that the SEC dropped its lawsuit against Ripple.

Despite the buzz surrounding BlackRock’s potential move into the ETF space, no official confirmations or filings have come from the company. Other firms, like Grayscale, are also exploring options in crypto ETFs, but excitement remains largely speculative.

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Daily News
16:07:45 19/03/2025
Why is crypto down today? How FOMC, geopolitics impacted BTC

The recent price of Bitcoin fell significantly due to factors like the FOMC meeting. Market analysts express caution regarding upcoming economic policy changes, emphasizing their correlation with BTC’s performance.

In the altcoin sector, Solana dropped initially but stabilized with only a 2% loss. Ethereum was the only cryptocurrency to record a gain of 0.27%, while XRP suffered a slight decline.

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Solana
10:47:33 19/03/2025
Solana stablecoin positioning threatens ‘extreme’ SOL volatility

Recent stablecoin positioning on Solana indicates the SOL token might face extreme volatility. Notably, USDT trading surged by over 137% recently, reflecting changing market dynamics. Analysts suggest the situation could create a decisive price moment for Solana.

The anticipated FTX repayments could increase selling pressure on SOL, further complicating its price action. Additionally, a trend linking limited liquidity due to memecoins adds further uncertainty for Solana, indicating potential market fluctuations ahead.

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Daily News
09:52:06 19/03/2025
David Sacks defends crypto divestment against media’s ‘dump’ narrative

David Sacks, the AI and Crypto Czar, faced criticism after selling over 200 million USD in digital assets. He emphasized that the sale was a mandated divestment due to government ethics rules, not a ‘dump’ as reported. Industry figures like CZ voiced their support against the negative media portrayal.

Sacks’ defense was echoed by prominent figures in the crypto space. Support from CZ and others highlighted a conflict between media narratives and the crypto ethos, emphasizing the need for accurate representation of the industry and its actions.

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Solana
02:08:58 19/03/2025
Solana (SOL) remains bearish as TVL and whale activity shows cautious sentiment

Solana’s price is struggling, currently at 120.76 USD after a significant decline. Investors are observing TVL at 8.57 billion USD, remaining under 10 billion USD since late February. Whale activity shows some accumulation, reflecting a cautious sentiment among larger investors, despite the modest increase in address numbers.

If SOL fails to hold the 120.76 USD support, it could decline towards 112 USD. A breakout above the 131 USD resistance could shift sentiment towards a bullish direction, potentially increasing SOL’s price towards 152.9 USD and 179.85 USD if the momentum builds.

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Daily News
21:32:24 18/03/2025
Solana, XRP and Dogecoin slump as crypto market awaits Fed’s ‘dot plot’

XRP, Solana, and Dogecoin all saw price drops exceeding 4% ahead of the Fed’s policy announcement, impacting market reactions as they look for signs of potential rate cuts.

The Federal Reserve is expected to maintain its current interest rate, but investors are closely monitoring Jerome Powell’s comments for signs of future economic direction and rate adjustments.

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Market Data
SOL coin
Rank
#6
Price
3,335,033 VND
128.34 USD
-4.28%
Volume
$315,478,879.07
-43.39%
Market Cap
$65,275,000,082.73
Circulating Supply
510,177,688.03 SOL
Total Supply
596,638,851.49 SOL
Max Supply
ATH Price
7,667,321 VND
ATL Price
24,405 VND
Holders
-
Last updated 2025-03-21 03:57 (UTC)
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