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See the live Solana price in EUR. Buy Solana or add it to your Crypto Strategy.

Solana

SOL

SOL to EUR Price

€170.12

Solana Market Cap

€75.51B

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SOL EUR price chart / performance

SOL EUR price chart / performance

Risk warning|
From
Mar 12, 2024
To
Mar 19, 2024

Strategies with SOL

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Returns

Returns

Return (24h)
-8.46%
Return (7D)
+22.90%
Return (1M)
+63.94%
Return (1Y)
+730.82%

My Investment

My Investment

Profit Taken
€0.00
0.00%
You Have:
€0.00
Unrealised P/L
€0.00
0.00%

Solana (SOL) History and Overview

Solana (SOL) History and Overview

Solana is a third-generation blockchain built to enable the creation of smart contracts and decentralized applications (DApps). It supports a variety of decentralized finance (DeFi) platforms and non-fungible token (NFT) marketplaces. The blockchain itself was founded in 2017, while its native token, SOL, launched in 2020.

The main aim of this project is to function like the Ethereum blockchain while fixing some of its main problems, especially how it scales to handle a lot of users and how fast it can process transactions.

It uses a new kind of agreement method that blends Proof-of-History (PoH) with a special kind of Proof-of-Stake. Solana co-founder Anatoly Yakovenko published a white paper in November 2017 describing the proof-of-history (PoH) concept.

This lets it handle more than 710,000 transactions every second without requiring additional scaling. PoH works by making a series of calculations that create a digital log. This helps confirm the time at which a particular event took place.

The SOL token is Solana's native cryptocurrency and utility token. It serves as a means of transferring value while providing blockchain security through staking. In addition, users can receive rewards and pay transaction fees. Further, SOL enables users to participate in governance. The live Solana to EUR conversion is € 170.22.

Solana's system is designed to show how a group of computer programs can work together to get rid of delays in performance when used with a blockchain. This combination lets the number of transactions processed per second grow as the network's data transfer rate increases.

Solana's architecture has all three important qualities needed for a good blockchain: it is scalable, secure, and decentralized. The architecture can handle up to 710,000 transactions per second on a regular internet connection. This can increase to 28.4 million transactions per second on a faster, 40-gigabit connection.

Solana's blockchain works using two consensus mechanisms to agree on transactions: proof-of-history (PoH) and proof-of-stake (PoS). With PoS, validators check and approve new entries in the blockchain’s record. They can do so based on the amount of Solana’s currency they own. PoH, on the other hand, lets transactions be marked with a timestamp and checked very quickly.

The current price of 1 SOL in EUR is € 170.22.

How To Buy Solana or Add it to your Strategy

The fastest, most convenient way to purchase Solana is to purchase it on ICONOMI. We check Solana live prices on 10+ crypto exchanges and buy it at the best market price.

You can buy Solana by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.

We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Solana is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).

If you are unfamiliar with analyzing cryptocurrency prices and want to buy Solana, we recommend you read the next section, as copying might be a better approach.

Add Solana to your portfolio by copying a Strategy

If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Solana in their structure.

Posts

Here you can read and comment on all posts made by Strategists about Solana SOL. See all Solana price predictions in real time and make the best use of their crypto knowledge.

Exciting times in the crypto world! $SOL has outperformed $BNB to become the 4th largest cryptocurrency by market cap. The recent performance has been nothing short of stellar, with Solana not just holding its ground but soaring despite broader market corrections.

Here’s where we stand: Our early investment in SOL at $80 has positioned us well. We currently hold 5% of our portfolio in SOL.

Soon we will see new highs 🚀

What we are seeing is a classic correction. Of course we all would like to see up only mode, but this is the reality. $SOL had a crazy run the last few days and it sucked out liquidity out of other projects. Especially $ETH struggling right now. Yes, fees are cheap on $SOL chain, but no serious project has been built there ... I believe $ETH has much room to grow, especially with L2 project like abritrum and especially zksync that'll launch their token soon.

We are at the level from 2-3 weeks ago.


Buying more $INJ and $ROSE here. with $BTC. Will buy more if we get a bigger discount.


Have a nice evening 😊

3 people like this

The $SOL continues to shine! It acts a lot like $ETH in previous cycles. $SOL seems on its way to its previous ATH. There is actually not much trading history at these levels in $SOL because it was only briefly higher in a bullmarket top spike.


At the same time $SOL is on the verge of making a new ATH in $ETH value, a chart that is way more important than many market participants think. We witnessed in the previous cycle how $ADA (the $SOL of the previous bullmarket) was often sold to $ETH at these price levels.


We watch the chart closely and still hold on to our $SOL for now, but at a certain price level, we might be tempted to buy more $RUNE, $INJ or $ETH with our $SOL because we assume the risk reward is more attractive in these other projects.

2 people like this

Regular weekly rebalance was just performed👌 This week's winners were $SOL and $AVAX, both up over 40%🚀Again taking the profits and investing them into underperformers of the weeks😉

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5 people like this
Alpha Digital
17 Mar, 2024

$BTC lost its 4 hour 50 EMA. I'm waiting for a reclaim to go more risk on again. $SOL and $AVAX still looking good.

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3 people like this

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Solana Price FAQ

What Is the Highest Price of Solana (SOL) in EUR?

Solana (SOL) price history shows the highest value of 223.34 EUR . We recorded this price on November 7, 2021, but we cannot exclude that a higher price was registered before August 28, 2020.

What Is the Lowest Price of Solana (SOL) in EUR?
How to buy Solana (SOL)?
What Is the Current Price of Solana (SOL) in EUR?
Is Solana (SOL) a good investment?