Solana Alpenglow Goes Live in 'Most Ambitious' Upgrade Since Ethereum's Merge
The new consensus protocol retires TowerBFT, which had run Solana since its 2020 launch, after a handoff on the live network.
The trading volume of Solana (SOL) is $2,038,251,383.00 in the last 24 hours, with stable market activity.
Solana (SOL) reached an all-time high of $293.31 on Jan 19, 2025 and an all-time low of $0.50 on May 11, 2020 . It's now trading 64.46% below that peak and 20,714.65% above its lowest price.
Market capitalization of Solana (SOL) is $61,467,640,139 and is ranked #7 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of SOL tokens (589,709,180 tokens are tradable on the market today).
The fully diluted valuation (FDV) of Solana (SOL) is $66,331,578,121. This is a statistical representation of the maximum market cap, assuming the maximum number of 636,335,170 SOL tokens are in circulation today. Depending on how the emission schedule of SOL tokens are designed, it might take multiple years before FDV is realized.
With a price increase of 0.49% in the last 7 days, Solana (SOL) is underperforming the global cryptocurrency market which is up 5.1%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are up 4.1%.
The circulating supply of Solana (SOL) is 589,709,180 SOL tokens, which represents 92.67% of the total supply of 636,335,170 tokens.
You can buy Solana (SOL) on various cryptocurrency exchanges. The most popular exchanges for trading SOL are typically centralized exchanges (CEX) like Binance, Coinbase, and Kraken, as well as decentralized exchanges (DEX) on the Solana network. Always ensure you're using a reputable exchange and enable two-factor authentication for security.
News
The new consensus protocol retires TowerBFT, which had run Solana since its 2020 launch, after a handoff on the live network.
Solana’s first major consensus upgrade is targeting 99% finality reduction, seeking to offer users near-immediate transaction settlement and more responsive applications.
BlackRock’s proposed Bitcoin fund would use options to limit potential losses and gains, adding another strategy to its existing Bitcoin and Ether ETF lineup.
The former medical device maker has liquidated its Solana treasury and is offering to repurchase shares and warrants using its $223.8 million cash holdings.
Solana has had no reported mainnet outages in two years, but concentrations in stake, hosting and client software should be monitored, according to a report.
Solana Foundation President Lily Liu said registrations quadrupled overnight, exceeding the attendance limit registered with local authorities.