Coinlyze logocoinlyze
InsightsOnchainMeme DEXRug RiskNewsWhat‑ifBlog
TelegramTelegram𝕏X
ENVI
Coinlyzecoinlyze
  • 🧠Insights
  • 🔗Onchain
  • 🦄Meme DEX
  • 🛡️Rug Risk
  • 📰News
  • 🧮What‑if
  • 📝Blog
Connect
  • TelegramTelegram
  • 𝕏X
About

Coinlyze — AI insights for crypto traders. Not financial advice.

Legal
  • About Us
  • Terms
  • Privacy
Resources
  • Blog
  • Insights
Our Projects
  • CoinAirdrop.app
Contact
  • Telegram Channel
  • Telegram (admin)
  • X (Twitter)
© 2025 Coinlyze
HomeSignalsInsightsMemeRugBlog

AI Analysis for Solana (SOL)

Solana
SOL – Solana #6
Open Signals Terminal for SOL

Solana Price & Chart

$187.5 (4.687.500₫)
↑ 2.82%
MarketCap
$102,957,574,053
Vol 24h
$630,016,924.847
Circulating
549,822,376.029
F&G: ...
Data by TradingView
Open full chart

Technical Indicators

RSI (14)
44.49
Neutral
MACD Histogram
0.4921
Bullish
24h Volume
$630.02M
Trading volume

Fundamentals

Fundamentals of Solana

Name
Solana
Symbol
SOL
Categories
Smart Contract Platform, Solana Ecosystem, Layer 1 (L1), Alleged SEC Securities, FTX Holdings, Multicoin Capital Portfolio
Genesis
—
Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. It is a layer 1 network that offers fast speeds and affordable costs. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.
WebsiteExplorer 1Explorer 2Explorer 3TwitterTelegramRedditGitHub

Related Coins

Related Coins
—
—
—
—
—
—
Not financial advice

About Solana

Solana is a high-performance Layer 1 blockchain designed for decentralized applications (dApps) and scalable Web3 solutions. It leverages a unique combination of technologies to offer significantly faster transaction speeds and lower costs compared to many other blockchain networks. Launched in 2020 by the Solana Foundation, its core mission is to enable widespread adoption of blockchain technology by addressing scalability limitations.

Unique Angle

What sets Solana apart is its monolithic architecture, which processes all transactions on a single chain, and its innovative Proof of History (PoH) consensus mechanism. PoH works in conjunction with Proof of Stake (PoS) to create a verifiable order of events, allowing for incredibly high transaction throughput without sharding. This design aims to achieve internet-scale performance, though it has faced criticisms regarding network stability and centralization.

Tokenomics

The native token, SOL, has an inflationary supply with a deflationary mechanism through transaction fee burning. SOL is primarily used for network transaction fees, staking to secure the network, and participating in on-chain governance. The current circulating supply is substantial, with new tokens introduced through staking rewards, though a portion of fees are burned to offset inflation.

Growth Catalysts

  • Continued ecosystem growth & dApp adoption
  • Favorable regulatory clarity in key markets
  • Successful implementation of Firedancer client
  • Increased institutional investment & partnerships
  • Major improvements to network stability

Risks

  • Ongoing network stability and outage concerns
  • Intense competition from other L1 blockchains
  • Perception of centralization in node distribution
  • Regulatory scrutiny on 'alleged SEC securities'
  • Historical association with FTX/Alameda Research

SOL FAQs

What is Solana's main advantage?
Solana's primary advantage is its high transaction throughput and low fees, achieved through its unique Proof of History consensus mechanism and monolithic architecture.
What is SOL used for?
SOL is used to pay for transaction fees on the network, for staking to secure the blockchain and earn rewards, and for participating in Solana's on-chain governance.
Is Solana a Proof of Stake blockchain?
Yes, Solana is a Proof of Stake (PoS) blockchain that also incorporates a novel Proof of History (PoH) mechanism for timestamping transactions efficiently.
Updated: 10/29/2025, 7:51:38 AM