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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

€156.61

Solana Market Cap

€71.96B

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SOL EUR price chart / performance

SOL EUR price chart / performance

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From
May 22, 2024
To
May 29, 2024

Returns

Returns

Return (24h)
+1.11%
Return (7D)
-5.06%
Return (1M)
+24.99%
Return (1Y)
+716.51%

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 € 156.59.

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 € 156.59.

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.

Avatar
@ICONOMI
9h ago

Big moves for Solana!


Solana's ($SOL) price has increased by 3.04% to $171.76 after the SIMD-0096 proposal was approved, allowing validators to keep all priority transaction fees and boosting network efficiency. Despite a tough market, Solana has grown 713.58% this past year.


What's driving this growth, and what changes can we expect? Learn about the strategic changes and their implications for Solana's future.


Explore the impact of SIMD-0096 and Solana's potential in our detailed blog post. 👉Here


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3 people like this

Great to see $LINK $LDO $ETH $SOL and $RUNE doing so well. They are outperforming $BTC by a large margin since our last rebalance and we expect this to continue so we don't take profits yet.


The ETF-approval for $ETH is boosting $LDO as well and we expect $LDO to be a big winner in the next few weeks.


$BTC is building a new base above the ATH of the previous bullmarket. This is very very bullish for the market as a whole.


Your patience will be rewarded.

The future is bright!


🚀🚀🚀

5 people like this

We are entering the second hype cycle for altcoins this year as highlighted in the chart down below. Which means altcoins should outperform Bitcoin in the coming weeks. 


Each crypto cycle has its trends and memecoins are the dominant force of this bull run which have yielded the best returns. Therefore I decided to dedicate a big portion of our funds to them. 


May the pump be with us.


$PEPE $BONK $WIF $DOGE $SOL $SEI $IMX

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5 people like this
Project DMB
22 May, 2024

ETH developments have created a lot of opportunities, including AI which took a breather for a while. Still bullish on $SOL ecosystem and meme's cannot be ignored.


$AR $FET $WIF $NEAR $PEPE

2 people like this

Great moves from $ETH and $INJ and $LDO. They join $RUNE $LINK and $SOL in outperforming $BTC since our last rebalance.

New test of the ATH seems imminent.🚀🚀🚀

5 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?