SolanaRank #7Real-time price analysis, risk metrics & trend forecasting
24h range: $67.35 — $72.08
| Metric | Formula |
|---|---|
| Daily Return | (Price_today − Price_yesterday) / Price_yesterday |
| 14d Return | (Price_now / Price_14d_ago − 1) × 100% |
| Intraday Range | (24h High − 24h Low) / Price × 100% |
| Position in Range | (Price − 24h Low) / (24h High − 24h Low) × 100% |
| MA7 / MA14 | Average price over 7 / 14 days |
| Momentum | Price_now − Price_7d_ago |
| RSI (14) | 100 − 100 / (1 + Avg Gain / Avg Loss) |
| Score | avg(Trend + Momentum + inv.Volatility + Range + RSI) |
Solana is a highly functional open source project that banks on blockchain technology's permissionless nature to provide decentralized finance (DeFi) solutions. The protocol is designed to facilitate decentralized app (DApp) creation and aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain.
Because of its innovative hybrid consensus model, Solana enjoys incredibly fast processing times, making it a favorite among small-time traders and institutional traders alike. A significant focus of the Solana Foundation is making decentralized finance accessible on a larger scale.
| # | Exchange | Pair | Price (USD) | Volume 24h | Trust | Trade |
|---|---|---|---|---|---|---|
| 1 | SOL/USDT | $68.41 | $338.7M | — | Trade → | |
| 2 | SOL/USDT | $68.1 | $330.4M | — | Trade → | |
| 3 | SOL/USDT | $68.38 | $275.8M | — | Trade → | |
| 4 | SOL/USDT | $68.43 | $236.0M | — | Trade → | |
| 5 | SOL/USDT | $68.44 | $228.0M | — | Trade → | |
| 6 | SOL/USDT | $68.4 | $177.3M | — | Trade → | |
| 7 | SOL/USDT | $68.32 | $155.4M | — | Trade → | |
| 8 | SOL/USDT | $68.39 | $153.8M | — | Trade → | |
| 9 | SOL/USDT | $68.35 | $146.6M | — | Trade → | |
| 10 | SOL/USDT | $68.42 | $138.2M | — | Trade → | |
| 11 | SOL/USDT | $68.36 | $125.6M | — | Trade → | |
| 12 | SOL/USDT | $68.36 | $118.0M | — | Trade → | |
| 13 | SOL/USD | $68.15 | $116.6M | — | Trade → | |
| 14 | SOL/USDT | $68.36 | $100.1M | — | Trade → | |
| 15 | SOL/USDT | $68.34 | $95.6M | — | Trade → | |
| 16 | SOL/USDT | $68.38 | $93.6M | — | Trade → | |
| 17 | SOL/USDT | $68.18 | $84.5M | — | Trade → | |
| 18 | SOL/USDC | $68.42 | $72.8M | — | Trade → | |
| 19 | SOL/USDT | $68.4 | $68.4M | — | Trade → | |
| 20 | SOL/USDT | $68.38 | $57.1M | — | Trade → |
* Trust score and volume data provided by CoinGecko. Always DYOR before trading.
Published in 2017 by Anatoly Yakovenko, the Solana whitepaper introduces a new timekeeping architecture for distributed systems called Proof of History (PoH). This innovation drastically reduces the communication overhead required for nodes to agree on the state of the network, enabling extremely high transaction throughput.
Proof of History uses a cryptographically secure function (SHA-256) running in a continuous sequence, where the output of the previous step is used as the input for the next. This creates a historical record that proves that an event has occurred at a specific moment in time.
The SOL token is used to pay for transaction fees and smart contract execution on the network. It can also be staked to secure the network. Solana utilizes a dis-inflationary emission schedule, starting at 8% and decreasing by 15% annually until it reaches a long-term fixed inflation rate of 1.5%.