SOL · CRYPTOCURRENCYSolana
High-performance blockchain processing thousands of transactions per second at a fraction of a cent.
Price
$75.07
24h
-1.5%
About Solana
What is Solana?
Solana is a high-performance blockchain designed for speed and low cost. It processes thousands of transactions per second with fees typically a fraction of a cent, making it a popular choice for decentralized apps, NFTs, payments, and high-frequency trading.
Solana's speed comes from its Proof of History consensus, which timestamps transactions before they're processed. For users, this means sending SOL or interacting with Solana apps feels nearly instant: confirmation in well under a second.
SOL is bought for several reasons: as a position on the growth of Solana's app ecosystem (one of the most active in crypto), as a fast and cheap way to send value, or for staking yield in the network's Proof of Stake system.
At a glance
- Launched
- 2020
- Creator
- Anatoly Yakovenko
- Network
- Solana
- Consensus
- Proof of History + Stake
- Block time
- ~400ms
Price
Solana price
-2.7%past 30 days
Market Cap
$87B
Supply
476M
All-time high
$294.33
24h Volume
$6.1B
Where to buy
Find a Bitstop with Solana near you
Solana is available at over 2,500 Bitstop kiosks nationwide. Use the location finder to discover the nearest ATM that supports Solana.
Your wallet
Grab a wallet
Any wallet that generates a receive QR code works at a Bitstop ATM. New to crypto? Exodus takes a few minutes to set up.
Recommended for SOL
Phantom
Solana-native, mobile + extension
Solflare
Solana-native, multi-platform
Use any wallet that supports SOL. The ATM scans your receive address. That's all it needs. Hardware wallets like Ledger work too: open the companion app and scan the receive QR.
Pair it with the Bitstop App
Register once, track transactions, and find ATMs on the go.
Frequently Asked Questions
What makes Solana fast?
A consensus mechanism called Proof of History timestamps transactions before they're validated. Combined with parallel processing, this lets the network handle thousands of transactions per second, orders of magnitude faster than older chains.
Does Solana have outages?
Solana has had network outages in its history, mostly during heavy load events. The network has worked through them and now goes longer between incidents. For ATM purchases this is a non-issue: transactions either confirm or don't process, no funds are lost.
Can I stake SOL?
Yes, SOL can be staked to validators to earn yield (typically 6–8% APR). Wallets like Phantom and Solflare support staking directly. Staked SOL is locked for an unstaking period (a few days) when you want to move it.
What kinds of apps live on Solana?
DeFi protocols (Jupiter, Marinade), NFT marketplaces (Magic Eden, Tensor), payment apps, gaming, and a large meme coin ecosystem. Solana is one of the most active app chains by daily users.