Question 1

What's the latest SOL news?

Accepted Answer

### Top Story Solana has more than tripled its transaction size limit following a mainnet upgrade, a move aimed at boosting network throughput and enabling more complex operations for users and developers. ### Other Highlights - Kamino, a Solana-based lending protocol, named fintech veteran Michael Weisz as CEO to lead a major U.S. expansion strategy[^[2]](https://www.coindesk.com/business/2026/09/15/solana-lender-kamino-taps-yieldstreet-co-founder-as-ceo-in-wall-street-expansion). - The potential progress of the CLARITY Act in the U.S. Senate is seen as a possible catalyst for gains in Solana, Ether, and XRP, according to market analysis[^[3]](https://www.coindesk.com/daybook-us/2026/09/15/ether-solana-xrp-likely-to-gain-if-clarity-act-progresses). - Lawmakers continue to debate the CLARITY Act, with Democrats expressing concerns ahead of a key Senate vote. ### Market Context Solana declined 3.20% in the past 24 hours, closely tracking the CoinDesk 20 Index, which fell 3.34%. The asset moved mostly in line with the broader crypto market, reflecting sector-wide sentiment as regulatory developments and protocol upgrades remain in focus. ### What’s Next? With the mainnet upgrade live and regulatory discussions ongoing, Solana's network capabilities and compliance outlook are evolving. Investors may watch for further technical enhancements and legislative outcomes that could shape Solana's adoption and market performance.

Question 2

What is Solana?

Accepted Answer

Solana is a [blockchain](https://www.coindesk.com/learn/how-does-blockchain-technology-work/) platform designed to facilitate [decentralized app (dApp)](https://www.coindesk.com/learn/what-is-a-dapp-decentralized-apps-explained/) development and support crypto-currency transactions. What sets Solana apart is its hybrid protocol system and unique timestamp technology, which is centered around a mechanism called [Proof-of-History (PoH)](https://solana.com/news/proof-of-history). This system creates a verifiable and secure timestamp for each transaction, which allows nodes to process transactions without needing to communicate with one another, significantly speeding up the transaction processing time.

Solana utilizes a unique model, where PoH works in tandem with a [Proof-of-Stake (PoS) consensus mechanism](https://www.coindesk.com/learn/what-is-proof-of-stake/). PoH allows for the recording of the order of events and the time that has passed between them, which mitigates the need for traditional consensus-building processes. The PoS mechanism then finalizes these transactions and secures the network by allowing validators with a stake (investment) in the system to propose and vote on the validity of new blocks.

"The goal of Solana is to carry transactions as fast as news travels around the world," according to [Anatoly Yakovenko, the co-founder and CEO of Solana Labs](https://solana.com/news/anatoly-yakovenko-talks-decentralization-developer-community-at-udc-2021). With its architectural design, Solana has the capability to handle [thousands of transactions per second](https://solana.com/solana-whitepaper.pdf), positioning it among the faster blockchain networks. This focus on transaction speed is in line with Yakovenko's stated vision for the blockchain. In addition, Solana's fee model, which emphasizes lower transaction costs, may be seen as an appealing feature for both businesses and individual users.

Question 3

Solana price

Accepted Answer

SOL is used in two ways:

- Pay for transaction fees: Though Solana's fees are supposed to be cheaper than those of other cryptocurrencies, it still charges a fee to send transactions or run [smart contracts](https://www.coindesk.com/learn/how-do-ethereum-smart-contracts-work/), the blockchain-based computer programs that cut out intermediaries from digital transactions. Smart contracts are the building blocks of more complicated apps on Solana, such as finance apps or apps for [music streaming](https://solana.com/ecosystem/audius).
- Staking: Like many other blockchains, Solana is secured through a consensus mechanism. People who want to help secure the cryptocurrency by being a "validator," can "stake" some of their SOL, or lock it up to secure the network and earn money while doing so.

Solana is an inflationary cryptocurrency with no hard cap on the total number of tokens. It has a starting annual inflation rate of 8%, which will decrease by 15% every year until it reaches 1.5%, which will be the fixed long-term rate.

Thirty-seven percent of the SOL tokens that were initially distributed went to investors, 25% was split between Solana's team and the Solana Foundation, the nonprofit steering development of the cryptocurrency, and 38% was sent to Solana Foundation's community fund reserve.

After the launch of SOL in March 2020, SOL's price bounced between $0.50 and $1.50 for the rest of the year. Then, SOL became one of the top-performing assets amid the crypto bull run in 2021, as its price hit $55.91 by May 2021. Though it dipped to as low as $23.49 in July 2021, SOL's price surged again in the second half of the year, hitting its all-time high of $258.93 in November 2021.

Question 4

How does Solana work?

Accepted Answer

Solana operates on a hybrid consensus model that combines two key mechanisms:

*   **Proof of History (PoH):** This system timestamps every transaction, creating a verifiable sequence of time that minimizes the need for nodes to communicate back and forth.
    
*   **Proof of Stake (PoS):** Validators secure the network and validate transactions by staking SOL tokens.Together, these mechanisms allow the network to achieve high throughput and security.

Question 5

How does Solana differ from other blockchains?

Accepted Answer

- Proof of History (PoH): Unlike traditional blockchains that use mechanisms like Proof of Work (PoW) or Proof of Stake (PoS) alone, Solana introduces a novel timestamp system called Proof of History. This system allows for greater efficiency and speed as it creates a historical record of all transactions, allowing the system to trust the timing and ordering of events without additional verification.
- Performance and Scalability: Solana can handle up to 65,000 transactions per second, which is substantially higher than many other blockchains. This scalability comes from Solana's unique architecture, including its PoH mechanism and its usage of concurrent processing and pipelining processes.
- Hybrid Consensus Model: Solana uses a hybrid consensus model that combines PoH and PoS. PoH provides a unique, decentralized clock for the system, while PoS ensures security and provides a mechanism for selecting the next leader in the network.
- Advanced Technologies: Solana incorporates various high-performance computing technologies, like GPU processing, parallel processing, and more. These technologies allow Solana to process transactions and smart contracts faster and more efficiently.

Question 6

Solana NFTs

Accepted Answer

The Solana blockchain is known for its high-throughput and scalable infrastructure, making it an option for [Non-Fungible Tokens (NFTs)](https://www.coindesk.com/learn/what-are-nfts-and-how-do-they-work/) creation and trading. With the capability to handle high-speed and low-cost transactions, Solana has become a platform where NFT artists, collectors, and developers can operate. NFTs on Solana are represented as unique digital assets with distinct ownership and metadata. This enables the representation of various digital artifacts like art, music, and virtual real estate. Solana's relationship with NFTs represents an intersection between emerging blockchain technology and the growing field of digital assets, though the platform's suitability may vary based on individual needs and preferences.

Solana has emerged as a competitive player in the NFT market, holding a strong position among various blockchains. [According to data from CryptoSlam](https://www.cryptoslam.io/blockchains), as of April 2023, Solana ranks third in key metrics such as sales, number of buyers and number of sellers. With total NFT sales amounting to over [$4.13 billion](https://www.cryptoslam.io/blockchains/solana?headerPeriod=all), Solana's performance is notably competitive with leading blockchains like [Ronin](https://www.coindesk.com/tag/ronin-network/) and [Flow](https://www.coindesk.com/price/flow/), although significantly behind [Ethereum](https://www.coindesk.com/learn/what-is-ethereum/), the market leader.

Question 7

How to buy Solana on a centralized exchange

Accepted Answer

To purchase Solana (SOL) on a centralized exchange, first, choose a reputable crypto exchange that supports SOL, such as Coinbase, Binance or Kraken. Create an account by providing your email address and setting a strong password.

For security, complete the identity verification process, which typically requires a photo ID. After verifying your account, secure it further by enabling two-factor authentication. You can then deposit funds using a bank transfer, credit card or other payment methods available on the exchange.

Once your account is funded, navigate to the Solana trading section of the crypto exchange, select the appropriate trading pair (like SOL/USD) and execute your purchase. Always review the transaction details before executing the transaction.

Question 8

How to buy Solana on a decentralized exchange

Accepted Answer

You can also purchase Solana on [decentralized exchanges](https://www.coindesk.com/learn/what-is-a-dex-how-decentralized-crypto-exchanges-work/). Decentralized crypto exchanges (DEX) operate without a central authority, allowing direct peer-to-peer transactions to be made without an intermediary party.

To buy Solana on a DEX such as Jupiter or Raydium, you will first need a [wallet](https://www.coindesk.com/learn/your-first-crypto-wallet-how-to-use-it-and-why-you-need-one/) compatible with the Solana network. Ensure your wallet is funded with enough crypto to complete the purchase and cover transaction fees. Connect your wallet to the DEX website; this often involves scanning a QR code or selecting a wallet connection option.

Once connected, choose the trading pair that matches your funding source (e.g., SOL/USDC). Set the amount of SOL you wish to buy and check the current liquidity and slippage to ensure you receive a fair exchange rate. Confirm the transaction in your wallet, and once it’s processed, the purchased SOL will appear in your wallet. Remember, trading on a DEX removes the intermediary but requires careful handling of your private keys and wallet security.

Question 9

Who created Solana?

Accepted Answer

Solana was founded in 2017 by Anatoly Yakovenko, a former engineer at Qualcomm. The project was officially launched in March 2020 by Solana Labs, with backing from prominent venture firms like Multicoin Capital.

Question 10

What is the highest price Solana has ever reached?

Accepted Answer

Solana's (SOL) all-time high (ATH) price reached around $293-$295 USD in mid-January 2025, specifically around January 19th, surpassing its previous 2021 peak and marking a significant surge driven by ecosystem growth, developer activity, and increased transaction demand, despite later price drops and consolidation.

Question 11

What price prediction for Solana?

Accepted Answer

While it is difficult to accurately predict future prices, analysts often look at scalability and developer activity as key indicators of growth. Major price drivers typically include network upgrades, the growth of the ecosystem (DeFi and NFTs), and broader market sentiment.

Question 12

How to buy Solana?

Accepted Answer

You can purchase SOL through two main types of platforms:

*   **Centralized Exchanges (CEX):** Platforms like Coinbase, Binance, or Kraken allow you to create an account, verify your identity, and trade fiat currency for SOL.
    
*   **Decentralized Exchanges (DEX):** If you have a Solana-compatible wallet, you can use DEXs like Jupiter or Raydium to swap other cryptocurrencies (like USDC) for SOL directly.

Question 13

Where can I store Solana?

Accepted Answer

SOL can be stored in hardware or software wallets that support the Solana blockchain.

*   **Hardware Wallets:** Devices like **Ledger Nano S/X** offer offline security for your assets.
    
*   **Software Wallets:** Applications like **Phantom, Solflare, and Trust Wallet** are popular for interacting with dApps.

Question 14

What blockchain does Solana use?

Accepted Answer

Solana uses its own independent **Layer 1 blockchain**, meaning it is a foundational network that processes and validates transactions directly. It does not rely on another underlying blockchain (like Ethereum) to operate. Its architecture features innovations like **Proof of History (PoH)** and **parallel processing** to handle high throughput.

Question 15

What is Solana's transaction speed (TPS)?

Accepted Answer

Solana is theoretically capable of processing up to **65,000 transactions per second (TPS)**. In real-world conditions, the network typically processes between **2,000 and 5,000 TPS**, which is still significantly faster than many legacy blockchains.

Question 16

What is Solana total supply?

Accepted Answer

Solana is an inflationary cryptocurrency with no fixed maximum supply.

*   The inflation rate began at **8%** annually.
    
*   This rate decreases by **15%** each year.
    
*   It will eventually stabilize at a long-term fixed rate of **1.5%**.

Question 17

Solana vs Ethereum: What's the difference?

Accepted Answer

While both blockchains support smart contracts and decentralized applications (dApps), they differentiate themselves through speed and cost.

Solana is designed for performance, capable of processing up to 65,000 transactions per second with minimal fees using its Proof-of-History and Proof-of-Stake consensus.

Ethereum, while historically slower (around 30 TPS on its base layer) and often more expensive, offers a more mature ecosystem and a larger developer base.Solana prioritizes raw throughput and low latency, whereas Ethereum focuses on modular scaling and institutional stability.

Question 18

Key events and management

Accepted Answer

Solana was founded by software engineer [Anatoly Yakovenko](https://www.coindesk.com/tech/2021/12/10/most-influential-2021-anatoly-yakovenko/) in 2017 and after three years of development, the platform and token were launched.

Solana's [investors include](https://www.coindesk.com/markets/2019/07/30/multicoin-leads-20-million-round-for-speed-focused-solana-blockchain/) Multicoin Capital, Distributed Global, BlockTower Capital, Foundation Capital, Blockchange Ventures, Slow Ventures, NEO Global Capital, Passport Capital and Rockaway Ventures.

In August 2022, [CoinDesk reported](https://www.coindesk.com/layer2/2022/08/04/master-of-anons-how-a-crypto-developer-faked-a-defi-ecosystem/) Ian Macalinao, the chief architect of Solana's once mighty stablecoin exchange [Saber](https://www.coindesk.com/markets/2021/07/27/solanas-saber-labs-raises-77m-in-seed-funding-round-led-by-race-capital/), hid behind anonymous developer accounts to pump billions of dollars into his DeFi empire.

#	Instrumen	Bursa	Skor Tolok Ukur	Harga	Perubahan 24j	Volume 24j	Trading 24j	Pembukaan 24j	Tertinggi 24j
1	SOL-USDT SOLUSDT	binance	AA	97,26USDT	-1,87%	2.500.692,01SOL	730.803	99,11USDT	100,71USDT
2	SOL-USDT SOL_USDT	gateio	A	97,27USDT	-1,85%	1.062.061,11SOL	52.939	99,10USDT	100,71USDT
3	SOL-USD SOL-USD	coinbase	AA	97,18USD	-1,88%	1.046.662,55SOL	163.783	99,04USD	100,65USD
4	SOL-USDT SOL-USDT	okex	A	97,28USDT	-1,84%	923.365,80SOL	263.280	99,10USDT	100,70USDT
5	SOL-USDT SOLUSDT_SPBL	bitget	BB	97,26USDT	-1,86%	747.497,32SOL	105.570	99,10USDT	100,71USDT
6	SOL-USD SOLUSD	kraken	AA	97,20USD	-1,85%	558.465,62SOL	42.122	99,03USD	100,65USD
7	SOL-USDT SOLUSDT	bybit	A	97,27USDT	-1,83%	505.389,22SOL	144.074	99,08USDT	100,70USDT
8	SOL-USDC SOLUSDC	binance	AA	97,22USDC	-1,84%	434.465,75SOL	108.281	99,04USDC	100,66USDC
9	SOL-USD SOL_USD	cryptodotcom	AA	97,21USD	-1,85%	336.619,52SOL	104.916	99,04USD	100,65USD
10	SOL-USDC SOLUSDC	bullish	AA	97,24USDC	-1,82%	335.698,72SOL	128.119	99,04USDC	100,64USDC
11	SOL-USDT SOL_USDT	cryptodotcom	AA	97,28USDT	-1,85%	259.887,62SOL	111.262	99,11USDT	100,72USDT
12	SOL-USD solusd	bitstamp	AA	97,19USD	-1,87%	224.427,93SOL	29.418	99,04USD	100,62USD
13	SOL-USD1 SOLUSD1	binance	AA	97,27USD1	-1,86%	221.792,74SOL	46.231	99,11USD1	100,69USD1
14	SOL-USDT SOL_USDT	whitebit	BB	97,28USDT	-1,88%	200.564,31SOL	22.843	99,15USDT	100,75USDT
15	SOL-USDT SOL-USDT	kucoin	BB	97,32USDT	-1,80%	181.741,74SOL	52.632	99,10USDT	100,70USDT
16	SOL-EUR SOLEUR	kraken	AA	84,25EUR	-1,84%	108.565,78SOL	13.629	85,83EUR	87,23EUR
17	SOL-USDC SOL_USDC	whitebit	BB	97,28USDC	-1,81%	88.124,89SOL	10.257	99,07USDC	100,59USDC
18	SOL-FDUSD SOLFDUSD	binance	AA	97,40FDUSD	-1,82%	77.912,24SOL	53.266	99,21FDUSD	100,79FDUSD
19	SOL-EUR SOL-EUR	okex	A	84,39EUR	-1,69%	61.503,06SOL	10.060	85,84EUR	87,25EUR
20	SOL-USDT SOLUSDT	kraken	AA	97,34USDT	-1,78%	60.865,30SOL	3.888	99,10USDT	100,64USDT
21	SOL-EUR SOL_EUR	whitebit	BB	84,38EUR	-1,67%	56.264,95SOL	9.318	85,81EUR	87,30EUR
22	SOL-USDT SOLUST	bitfinex	BB	97,30USDT	-1,81%	52.607,97SOL	24.538	99,09USDT	100,68USDT
23	SOL-BTC SOL_BTC	whitebit	BB	0.001284BTC	-1,01%	51.814,92SOL	5.959	0.001297BTC	0.001307BTC
24	SOL-USDC SOL-USDC	okex	A	97,25USDC	-1,81%	50.600,74SOL	24.001	99,04USDC	100,66USDC
25	SOL-USDC SOLUSDC_SPBL	bitget	BB	97,25USDC	-1,81%	43.500,61SOL	11.590	99,04USDC	100,65USDC
26	SOL-EUR soleur	bitstamp	AA	84,37EUR	-1,76%	41.211,56SOL	4.311	85,88EUR	87,25EUR
27	SOL-EUR SOL-EUR	coinbase	AA	84,33EUR	-1,76%	38.699,68SOL	12.350	85,84EUR	87,22EUR
28	SOL-BTC SOLBTC	binance	AA	0.001283BTC	-1,07%	36.764,27SOL	12.770	0.001297BTC	0.001306BTC
29	SOL-TRY SOLTRY	binance	AA	4.729,20TRY	-1,83%	33.565,74SOL	14.965	4.817,60TRY	4.896,20TRY
30	SOL-USD SOLUSD	bullish	AA	97,22USD	-1,95%	31.936,84SOL	14.357	99,15USD	100,62USD
31	SOL-USDT SOLUSDT	bullish	AA	97,30USDT	-1,84%	30.267,40SOL	19.494	99,12USDT	100,69USDT
32	SOL-EUR SOLEUR	bullish	AA	84,29EUR	-1,78%	28.841,16SOL	14.198	85,81EUR	87,24EUR
33	SOL-USD SOL_USD	lmax	BB	97,21USD	-1,84%	27.391,33SOL	16.473	99,03USD	100,60USD
34	SOL-WBT SOL_WBT	whitebit	BB	1,25WBT	-0,75%	27.512,48SOL	5.643	1,26WBT	1,27WBT
35	SOL-USDC SOLUSDC	bybit	A	97,26USDC	-1,79%	27.251,44SOL	15.028	99,03USDC	100,64USDC
36	SOL-EUR SOLEUR	binance	AA	84,29EUR	-1,76%	26.933,21SOL	16.387	85,80EUR	87,24EUR
37	SOL-USD SOL-USD	okex	A	97,21USD	-1,85%	25.090,67SOL	13.712	99,04USD	100,63USD
38	SOL-TRY SOL_TRY	whitebit	BB	4.739,10TRY	-1,89%	24.348,77SOL	2.801	4.830,40TRY	4.902,30TRY
39	SOL-ETH SOLETH	binance	AA	0.04062ETH	-0,71%	23.762,41SOL	5.946	0.04091ETH	0.04135ETH
40	SOL-USDC SOLUSDC	kraken	AA	97,28USDC	-1,77%	20.985,23SOL	3.402	99,03USDC	100,61USDC
41	SOL-USD solusd	gemini	A	97,24USD	-1,81%	19.262,79SOL	6.643	99,04USD	100,57USD
42	SOL-USD SOLUSD	bitfinex	BB	97,34USD	-1,79%	19.192,12SOL	18.240	99,12USD	100,70USD
43	SOL-JPY SOLJPY	binance	AA	15.102,00JPY	-1,79%	15.692,56SOL	8.187	15.378,00JPY	15.624,00JPY
44	SOL-AUD SOL_AUD	whitebit	BB	136,07AUD	-1,81%	15.224,47SOL	3.164	138,58AUD	141,58AUD
45	SOL-U SOLU	binance	AA	97,25U	-1,85%	14.182,21SOL	10.899	99,08U	100,67U
46	SOL-BRL SOLBRL	binance	AA	501,30BRL	-1,96%	12.910,38SOL	4.950	511,30BRL	519,60BRL
47	SOL-GBP SOL-GBP	coinbase	AA	72,28GBP	-1,71%	12.769,63SOL	5.656	73,54GBP	74,70GBP
48	SOL-BTC SOL-BTC	okex	A	0.001284BTC	-1,03%	11.109,69SOL	2.910	0.001298BTC	0.001306BTC
49	SOL-USD SOL_USD	whitebit	BB	97,29USD	-1,95%	10.921,19SOL	1.603	99,22USD	100,36USD
50	SOL-GBP SOLGBP	kraken	AA	72,37GBP	-1,54%	10.316,83SOL	1.957	73,50GBP	74,69GBP