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SOL USD price chart / performance

Sep 19, 2023
Sep 26, 2023


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Solana (SOL) 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 project's main goal is to work similarly to the Ethereum blockchain but to improve on its faults, mainly its scalability issues and speed. Using an innovative consensus model which combines the Proof-of-History (PoH) model with a custom version of the Proof-of-Stake model, allowing them to process over 710.000 transactions per second without needing to scale further. PoH consists of a series of computations creating a digital record and confirming that an event had occurred at any given time.

SOL is Solana's native cryptocurrency and utility token, serving as a means of transferring value while providing blockchain security through staking. In addition, the Solana token can be used to receive rewards and pay transaction fees, and SOL enables users to participate in governance.

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 trades 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.


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.

25 Aug, 2023

Trading at US$26,098 in Hong Kong's afternoon, the crypto giant maintained its balance, although a mere whisper of potential rate hikes or any negative sentiment towards digital assets can tip this scale. Alex Konanykhin, CEO of Unicoin, aptly noted that Bitcoin's inherent volatility can be swayed by a slew of factors, especially during low liquidity periods.


While Solana's partnership with Shopify brought hope to investors, it was short-lived as $SOL faced a drop of 4.69%. On the other hand, XRP, after its partial victory over the SEC, hit a 6-week low, emphasizing the significant impact regulatory decisions have on the crypto market.

3 people like this
21 Jul, 2023

Unlock the Power of Choice: Single Asset Investments for Customised Diversification

We've added 22 new assets you can buy directly outside of a Crypto Strategy. Now, you can expand your portfolio by purchasing individual digital assets outside of these Strategies, giving you more direct control over your investments. In case you are copying a Strategy but want to invest in a specific coin, for instance, Dogecoin 🐶, you can now buy Dogecoin or any other digital asset in the same way as you would buy Bitcoin—with just a few clicks!

These are the new assets you can buy directly: $AAVE $APT $AVAX $BNB $SOL $UNI $VET $DOGE $DOT $EGLD $FIL $GRT $HBAR $ICP $LDO $MATIC $MKR $NEAR $OP $QNT $SAND

7 people like this

How about $XMR though? I'd love to be able to buy, deposit and withdraw that coin the most out of all!

2 Feb, 2023

Crypto News Week 3 and 4 (Part 3)


Highlights of the week:

- Dydx rises 30% after delayed token release

- Polygon rises 16 ahead of mainnet launch

Decentralised exchange dYdX rallied 30% after it was announced that a $156 million token launch will be delayed from February to December.

The announcement, made in a blog post on Thursday, postpones a move that would have doubled the circulating supply as tokens were distributed to "investors, employees and advisors".

Elsewhere in the decentralised exchange ecosystem, Uniswap ended the week on a weak note, failing to respond to a poll showing 80 per cent support for making the protocol available on the BNB chain.

Polygon rises 16% ahead of mainnet launch

One of the best performing cryptoassets in 2022, Polygon , extends its winning streak into 2023.

Ethereum's scalable network rose 16% last week to become the tenth best-performing cryptocurrency, helped by the rise in daily transactions, trailing only BNB Chain.

Since the New Year, the token has risen 48% and some analysts believe the party has just begun. Possible bullish catalysts in the coming weeks include the launch of the zkEVM mainnet and the migration of Solana's main NFT projects DeGods and y00ts.

2 people like this
2 Feb, 2023

Crypto News Week 3 and 4 (Part 2)


Metaverse gains momentum - Axie Infinity grows by 45 per cent

The Metaverse was back in the spotlight last week as the global elite discussed digital transformation in Davos and Apple announced a low-cost mixed reality headset.

In response, Axie Infinity, a token for a Pokémon-like game, surged 45% over the week, while Immutable X rose 19% on news that NFT game Tiny Colony will break away from Solana and instead be based on the Layer 2 blockchain.

Metaverse rivals The Sandbox and Decentraland lagged behind, but also made it into positive territory with smaller percentage gains.

Shiba up 14 per cent after launch of Shibarium

To differentiate itself from rival Dogecoin, Shiba Inu is building a layer 2 dog-themed network that will run on the Ethereum blockchain.

Shibarium, as the network is called, will allow developers to build and launch decentralised applications that offer lower fees and greater scalability.

News of the Shibarium beta sparked a 14 per cent rally for Shiba Inu last week, helping the token overtake Dogecoin in the race to become the best-performing meme token so far in 2023.

Next week:

  • The correlation between bitcoin and tech stocks could be put to the test next week when the likes of Microsoft, IBM and Tesla announce earnings.
  • Other factors that could influence the market include increasing rumours of an economic downturn and the US reaching the debt ceiling.

However, recent weeks have shown that crypto is strong enough to survive even the most negative headlines.

2 people like this
3 Jan, 2022

Cutting $DYDX from the strategy and adding $FTM, as something is brewing in the Fantom ecosystem.

Besides that we think it is undervalued compared to $LUNA, $AVAX, $SOL and $BNB.

2 people like this

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Solana Price FAQ

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

Solana (SOL) price history shows the highest value of 257.60 USD . 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 USD?
How can I buy Solana (SOL)?
What Is the Current Price of Solana (SOL) in USD?
Is Solana (SOL) a good investment?