Solana

$75.40
-$0.5278(-0.70%)Today
Market cap
43.95B
Total volume (24h)
1.04B
Volume / Market cap
0.0236
Circulating supply
582.73M
Day range (24h)
$74.63$75.79
All-time low
$0.5008
All-time high
$293.31

About Solana (SOL)

Current SOL Price: $75.4 | August 15, 2026  | Market cap: $43,945,651,026.

What is SOL?

Solana is a decentralized blockchain known for fast transaction speeds and low network fees. Launched in 2020, it serves as the infrastructure for thousands of apps and services. Its native token, SOL (pronounced “Sooo-uhl”), is used for:

- Paying network transaction fees

- Staking and collateral 

- Participating in the Solana ecosystem

What are Solana smart contracts?

On Solana, smart contracts are automated programs that execute transactions or functions once given conditions are met. For example, sending 1 SOL to an address can trigger a contract to instantly transfer a digital collectible (NFT).

All transactions are permanently recorded on Solana’s secure blockchain. Traditional smart contracts are unchangeable after being published, though some can be upgraded to add new features or fix issues when required.

How does DeFi impact the price of SOL?

DeFi apps are one of Solana’s top uses, allowing you to buy, sell, trade, lend, and stake SOL directly, without banks or brokers. To get started, just connect to a leading crypto wallet like MetaMask. 

DeFi is a global financial system that is open to anyone, anywhere, around the clock as a worldwide alternative to traditional finance.

Price history

Today (August 15, 2026)$75.40-0.70%
24 hours ago (August 14, 2026)$75.93-0.70%
1 week ago (August 8, 2026)$74.65+1.00%
1 month ago (July 16, 2026)$76.86-1.90%
1 year ago (August 15, 2025)$195.84-61.50%

Calculator

SOL market moves

Powered by MetaMask Market Insights


24h change: -1.50%. From $76.86 to $75.71.

  • Alpenglow represents the biggest change to Solana's consensus layer since launch by replacing proof of history and tower bft. It targets transaction finality of 100 to 150 milliseconds and improves stability under heavy load with a phased validator rollout expected between August and October 2026. Complementary upgrades have increased block compute units by 66 percent to 100 million and are reducing slot times in steps with testnet already at 350 milliseconds and mainnet changes starting mid-August. These changes aim to boost scalability and enable demanding applications while preserving the single-layer architecture.
  • Jupiter introduced lend v2 which allows the same assets to earn lending interest and a share of trading swap fees by turning deposits and borrowed positions into liquidity for its router. Returns are tied to how much volume the router directs to the new vaults. This adds another layer of yield opportunities in Solana DeFi. Separately Solana saw the launch of its first strategy structured product through Solstice Finance that splits income into senior and junior tokens.
  • A governance proposal aims to raise daily SOL burns from around $47,000 to $650,000 by adjusting fee-related parameters or other mechanisms. Higher transaction volumes from memecoins and DeFi activity would accelerate the burn rate if approved. This could incrementally reduce circulating supply over time and support long-term token economics. It reflects continued focus on improving Solana's monetary policy alongside network upgrades.

24h change: +0.70%. From $76.34 to $76.87.

  • Validators have backed proposals grouped under SGP-0003 that would introduce resource-based transaction fees. This change could lift daily SOL burns from around 650 tokens worth roughly $47,000 to between 7,500 and 9,000 tokens worth up to $650,000. A paired adjustment would double the annual disinflation rate to 30 percent, moving the 1.5 percent terminal inflation floor from 2032 to 2029 and removing millions of SOL from future issuance. These steps aim to tighten token supply through greater burning while the network continues to grow activity.
  • The Agave v4.2 client is scheduled for mainnet activation during the week of August 17. It reduces on-chain rent costs by approximately 90 percent, increases maximum transaction size, and begins the process of cutting slot times first to 350 milliseconds on the way to 200 milliseconds. These improvements support better developer economics and prepare infrastructure for the Alpenglow consensus upgrade that targets finality in 100 to 150 milliseconds. The changes build on recent increases in block compute units to 100 million.
  • Recent Solana network updates highlight growth in tokenized real-world assets reaching over $3.7 billion and payments volume expanding to more than 330,000 merchants. Block capacity has increased 66 percent alongside stablecoin supply nearing all-time highs and application revenue hitting strong monthly figures. These developments coincide with ongoing technical improvements and tokenomics discussions. Community attention remains on how value from this activity accrues to SOL holders over time.

24h change: +2.00%. From $74.82 to $76.32.

  • Validators have signaled initial support for SIMD-0550 and SIMD-0553, which aim to reform SOL supply dynamics. One proposal introduces resource-based transaction fees that could lift daily burns from around 650 SOL to as many as 9,000 SOL. The other doubles the disinflation rate, advancing the 1.5 percent long-term inflation floor to 2029 from 2032 and removing roughly 18.9 million SOL in emissions. These changes have generated discussion in recent posts though they still need more stake support before a vote.
  • The official July 2026 ecosystem roundup highlighted continued expansion across multiple areas. Real-world assets reached $3.73 billion while tokenized equities grew and payments scaled to more than 330,000 merchants. Block capacity increased 66 percent during the month. Developments also included new rails for AI agents to make stablecoin payments natively on the network. These metrics point to deepening utility and institutional participation.
  • Alpenglow is Solana's largest consensus overhaul since launch and targets transaction finality of 100-150 milliseconds. It replaces elements of the current Proof of History and TowerBFT with a new system for better performance under load. Related client updates including Agave v4.2 are targeted around August with staged rollout possible through late 2026. Recent roundups and developer updates continue to reference progress on these performance gains alongside ecosystem growth.

24h change: +2.50%. From $72.99 to $74.81.

  • Validators have signaled support for proposals that would overhaul fees to increase daily SOL burns from around 650 tokens to as many as 9,000. This pairs with doubling the disinflation rate, which would pull forward the terminal inflation rate to 2029. The changes follow whale support passing key thresholds and are under formal discussion. They aim to align token economics more closely with growing network usage and on-chain activity.
  • July 2026 marked a milestone with real-world assets on Solana reaching $3.73 billion in value. Tokenized equities expanded while payments adoption grew to more than 330,000 merchants. Block capacity rose 66 percent during the month. These figures reflect broadening institutional participation including from firms like BlackRock, Visa, and others building tokenized asset and payment infrastructure on the network.
  • Alpenglow is a major redesign of Solana's consensus protocol that targets 100-150 millisecond finality times. It replaces Proof of History and on-chain voting with simpler mechanisms to reduce network bloat and improve performance under load. The upgrade remains under development with mainnet targeted for late 2026. It is viewed as one of the most significant protocol changes since Solana's launch and pairs with other improvements like rent reduction and client diversity.

24h change: -0.90%. From $74.00 to $73.33.

  • Two linked proposals would introduce resource-based transaction fees to lift daily SOL burns from around 650 tokens to between 7,500 and 9,000. SIMD-0550 would double the annual disinflation rate from 15 percent to 30 percent, advancing the timeline to reach the long-term 1.5 percent inflation floor by 2029 and removing about 18.9 million SOL from future issuance. Validators including those affiliated with Helius have begun signaling support, though additional backing is required to reach the threshold for a formal vote. The changes aim to adjust token economics as network usage grows without immediately making the supply deflationary.
  • Alpenglow is a major consensus overhaul that replaces Proof of History and Tower BFT with new Votor and Rotor components to achieve near-instant finality. The upgrade is expected to reduce confirmation times from roughly 12 seconds to 100-150 milliseconds while lowering validator costs and network bloat. Validators are currently registering new BLS public keys ahead of staged mainnet deployment between August and October 2026. This represents the largest change to the Solana protocol since launch and is intended to better support sophisticated financial applications.
  • Real-world asset value locked on Solana hit a fresh all-time high of $3.73 billion with expanded tokenized equities and stablecoin supply. Payments activity grew as a Korean network partnered to bring stablecoin settlement to more than 330,000 merchants and Western Union launched a Solana-based stablecard. The network raised its block compute limit from 60 million to 100 million units, increasing capacity by 66 percent. Institutional participation continues through ETPs, bank integrations, and tokenized products from major firms.

Social recap

Data powered by Brandwatch.

Start swapping

Get SOL in seconds

Buy, sell, trade, and swap SOL on MetaMask, crypto's most trusted wallet.

SOL Sentiment

SOL updates powered by Brandwatch. Not financial advice. Last updated on June 25, 2026.

Bullish SOL indicators

Sunrise and Backpack Securities tokenized Micron (NASDAQ: MU) stock on Solana on June 22, per TheStreet's Neo. Tokenized shares may trade 24/7 on-chain, extending Solana's real-world asset footprint. (Source)

Kraken has integrated on-chain Solana DEX (decentralized exchange) trading into its main app, per Bitcoinist (June 21). Eligible users across 100+ countries can access Solana-based tokens directly. (Source)

MoneyGram joined Solana as a network validator and infrastructure partner on June 22, per CoinDesk (June 22). MoneyGram will stake SOL and process blocks, making Solana its third blockchain validator deployment. The move may accelerate stablecoin-powered remittance flows on the network. (Source)

Bearish SOL indicators

As of 2026-06-25, SOL traded at $66.34, with 24h +0.99% and 7d -3.62%. 24h volume was $3.60B, and market cap was $38.51B.

A 600,000 SOL transfer to exchanges has drawn attention to the $50 support level, per COINTURK NEWS (June 21). Large exchange inflows can precede selling pressure from holders. (Source)

SOL trades near a 2.5-year low despite recovering ETF (exchange-traded fund) flows, per Axel Rudolph (IG, June 19). SOL price is down roughly 50% from 2024 levels, per Anders Bylund (June 20). (Source)

Ready to try MetaMask?

Ready to try MetaMask?