Investment firm offloads XRP holdings while maintaining Bitcoin exposure
Top investment firm shifts strategy, liquidating XRP assets while retaining Bitcoin, reflecting broader institutional caution in the current market.
Solana (SOL) — Price, Data & News
Solana price today
Solana (SOL) is trading at $97.16, down 1.62% over 24 hours, with a market capitalisation of $57.0B.
| Price | $97.16 |
|---|---|
| 24h change | -1.62% |
| Market cap | $57.0B |
| Rank | #7 |
| Maximum supply | No fixed cap (inflationary, declining schedule) |
Market data from CoinStats, refreshed continuously. See our full crypto price tracker and live market data.
What is Solana?
Solana is a high-throughput layer-1 blockchain launched in March 2020. It combines proof-of-stake with a timestamping mechanism called Proof of History to order transactions quickly, targeting very low fees and high transaction volume.
| Launched | March 2020 |
|---|---|
| Created by | Anatoly Yakovenko, Solana Labs |
| Consensus | Proof of Stake with Proof of History |
| Supply | No fixed cap (inflationary, declining schedule) |
Solana key facts
- Proof of History creates a verifiable ordering of events before consensus, reducing the coordination validators need.
- Transaction fees are typically a fraction of a cent, which shaped its use for high-frequency trading and consumer apps.
- Inflation started near 8% annually and declines about 15% each year toward a long-term rate of 1.5%.
- The network has experienced outages in earlier years; client diversity work, including the Firedancer validator client, addresses that.
How Solana works
A leader validator sequences transactions using Proof of History, producing a cryptographic clock other validators can verify without extensive back-and-forth. Blocks are produced roughly every 400 milliseconds, and validators stake SOL to participate and earn rewards.
What SOL is used for
- High-frequency decentralised trading where fees would be prohibitive elsewhere
- Consumer applications, payments and NFT marketplaces
- Depin projects that write large volumes of data on-chain
Latest Solana news
Protesters Target Chris Larsen Home Over Surveillance Concerns
Demonstrators gathered outside the residence of Ripple co-founder Chris Larsen to protest the deployment of Flock Safety surveillance cameras.
Crypto Market Correction: Bitcoin, XRP, Ethereum, and Solana Face Pressure
Major digital assets including Bitcoin, XRP, Ethereum, and Solana are currently experiencing a sharp market correction, raising questions about future recovery.
Robinhood Prediction Market Sets SOL Price Target for August 2026
Robinhood has introduced an innovative prediction market for the SOL price on Aug 9, 2026, allowing users to speculate on Solana's projected valuation.
XRP Price Prediction 2027: Analysts Eye Upcoming Growth Targets
Industry analysts are projecting potential price targets for XRP by late 2027 as corporate interest and policy clarity evolve.
Bitcoin vs. XRP: Analyzing Long-Term Investment Potential
Investors weigh Bitcoin's store-of-value dominance against XRP's utility-focused cross-border payment network in the search for long-term growth.
Live Crypto Prices: Bitcoin Holds at $63,896 While Altcoins Underperform
Bitcoin holds steady at $63,896.0 amid rate concerns and geopolitical tensions, while Ethereum and other major altcoins face downward pressure.
Zcash Surges Over 19% This Week as Real-time Crypto Prices Show Mixed Market Movements
Investing.com's real-time crypto prices reveal Zcash's impressive 19.10% weekly surge, defying a broader market downturn. Get the latest cryptocurrency market data and analysis.
Kansas Athletics Forges Landmark XRP Jersey Patch Deal
Kansas Athletics announced a five-year jersey patch partnership with Ripple, featuring XRP across all sports uniforms. This planned alliance marks one of university sports' most lucrative crypto sponsorships, extending beyond mere branding to actively integrate the crypto finance narrative. The collaboration aims to educate and foster understanding of the XRP cryptocurrency.
Real-Time Crypto Prices: Bitcoin and Ethereum Post Modest Gains, Cardano Surges
Bitcoin and Ethereum recently recorded modest price increases, reflecting a period of cautious optimism in the digital asset market. Altcoins like Cardano, however, demonstrated significant upward momentum, capturing market attention. It's essential for investors to understand real-time crypto prices when navigating market volatility.
German Banks Open Crypto Trading to Millions of Retail Customers
German cooperative and savings banks are rolling out direct crypto trading services to millions of retail clients, signaling a major shift in the nation's traditionally conservative financial sector.
Trump Crypto Earnings Soar Past $1.4 Billion in 2025
Donald Trump's 2025 financial disclosures reveal over $1.4 billion in income from crypto and digital coin ventures, marking a significant financial boost.
Upcoming SOL events
- Breakpoint in London, United Kingdom — 15 November 2026
Solana FAQ
Why are Solana transactions so cheap?
High throughput spreads network costs across far more transactions, and the fee model does not rely on auctioning scarce block space the way Ethereum's does. Fees are usually well under a cent, which makes small and frequent transactions practical.
Does Solana have a maximum supply?
No. SOL is inflationary by design, though the rate declines roughly 15% per year toward a long-term floor of about 1.5% annually. Staking rewards are paid from this issuance.