Solana Price (SOL)

SOL/GBP • £242.09

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SOL

1 SOL =£242.09Last updated: 15 September 2025

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Solana Purchasing Guide

How to purchase Solana

How to earn Solana in the UK

Price of Solana (SOL) in the UK Today

As of the latest data, Solana (SOL) is currently priced at £166.39 with a market capitalisation of £92,111,997,893.48. The 24-hour trading volume stands at £5,403,919,515.00, The circulating supply of Solana is approximately 553590948.3351346. The cryptocurrency has seen a 2.08% increase in value over the past 24 hours.

Best Solana (SOL) Prices in the UK

Platform	Coin	Price
Nexo	Solana (SOL)	242.09
PrimeXBT	Solana (SOL)	138.15
EarnPark	Solana (SOL)	137.56
YouHodler	Solana (SOL)	138.17
Binance	Solana (SOL)	138.16
BTSE	Solana (SOL)	138.17

Latest Solana (SOL) AER

Solana (SOL) Lending Rates

Platform	Coin	AER
Nexo	Solana (SOL)	Up to 8% AER
EarnPark	Solana (SOL)	Up to 7.03% AER
YouHodler	Solana (SOL)	Up to 12% AER

See all 20 lending rates in the uk

Solana (SOL) Staking Rewards

Platform	Coin	Staking rewards
YouHodler	Solana (SOL)	Up to 13% AER
Uphold	Solana (SOL)	Up to 5.8% AER

See all 40 staking rewards in the uk

Solana (SOL) Borrowing Rates

Platform	Coin	AER
Nexo	Solana (SOL)	From 2.9% AER
YouHodler	Solana (SOL)	From 8% AER
Bitget	Solana (SOL)	From 22.26% AER

See all 4 borrowing rates in the uk

About Solana (SOL)

Solana (SOL) is a high-performance blockchain platform tailored for decentralised applications and cryptocurrency projects, prioritising scalability and speed. Its unique consensus mechanism, Proof of History (PoH), timestamps transactions to create a verifiable historical record, enabling the...

Solana is widely used across various sectors due to its high throughput and low transaction costs, making it appealing for decentralised finance (DeFi), non-fungible tokens (NFTs), and Web3 applications. In the DeFi realm, Solana supports platforms for lending, borrowing, and trading, allowing...

The tokenomics of Solana (SOL) promotes a sustainable ecosystem, with a total supply capped at 489 million SOL tokens. Its distribution model includes allocations for the team, investors, and community incentives, ensuring balanced liquidity and governance.

Solana's security is bolstered by its innovative Proof of History (PoH) consensus mechanism, enhancing the traditional Proof of Stake (PoS) model with verifiable timestamps for transactions. This efficient ordering reduces the risk of double-spending and ensures data integrity.

Solana's development roadmap showcases significant milestones reflecting its commitment to scalability and performance. Launched in March 2020, the network achieved its mainnet beta release the same month, allowing developers to build decentralised applications.

How to Safeguard Your Solana (SOL) Holdings

To bolster the security of your Solana (SOL) assets, consider using a hardware wallet, which offers a secure offline environment for storing private keys. Recommended options include Ledger and Trezor, both of which are well-regarded in the UK market.

For private key management, ensure your keys are stored securely, ideally offline, and never share them with anyone. A password manager can provide an extra layer of security. Stay vigilant against common threats like phishing and malware; enable two-factor authentication (2FA) on your accounts and...

Multi-signature wallets can further enhance security by requiring multiple private keys to authorise transactions, reducing the risk of unauthorised access. Lastly, establish a solid backup strategy by creating multiple copies of your wallet recovery phrases and storing them in secure,...

Understanding How Solana (SOL) Functions

Solana operates on a distinctive blockchain architecture that combines proof-of-history (PoH) and proof-of-stake (PoS) consensus mechanisms. This design allows for high transaction throughput and low latency, making it ideal for the UK market's growing demand for efficient digital transactions.

The PoH component establishes a historical record that verifies events at specific times, enhancing network efficiency. Validators confirm transactions based on the PoS mechanism, where the chance of being selected correlates with the amount of SOL staked, ensuring a fair validation process.

To maintain network security, Solana employs advanced cryptographic techniques alongside a decentralised network of validators, reducing the risk of attacks and bolstering integrity. Additionally, Solana's architecture features parallel transaction processing through its Sealevel runtime, enabling...

Solana Purchasing Guide

How to purchase Solana

How to earn Solana in the UK

Frequently Asked Questions About Solana (SOL) in the UK

What is Solana (SOL), and what makes it unique in the cryptocurrency space?: Solana (SOL) is a high-performance blockchain platform designed for decentralized applications and cryptocurrency projects. Its unique features include a focus on speed and scalability, achieving block times of under one second, which allows for thousands of transactions per second. Solana utilizes a novel consensus mechanism called Proof of History (PoH), enabling efficient processing and reducing network congestion. This combination of speed and cost-effectiveness positions Solana as a strong competitor in the blockchain ecosystem.
What is Solana (SOL), and what sets it apart in the cryptocurrency market?: Solana (SOL) is a high-performance blockchain platform tailored for decentralised applications and cryptocurrency projects. Its standout features include rapid transaction speeds and scalability, achieving block times of under one second, facilitating thousands of transactions per second. Solana employs a unique consensus mechanism known as Proof of History (PoH), which enhances processing efficiency and mitigates network congestion.
How does Solana achieve its high transaction speeds and low costs?: Solana achieves high transaction speeds and low costs through its innovative architecture, which combines Proof of History (PoH) with a unique consensus mechanism. PoH timestamps transactions, allowing for efficient ordering and reducing the workload on validators. Additionally, Solana utilizes parallel processing, enabling multiple transactions to be processed simultaneously. This design minimizes network congestion, resulting in transaction costs that are significantly lower than those of many other blockchains, enhancing usability for both developers and users.
What types of applications can be developed on the Solana blockchain?: Solana supports a wide range of applications, including decentralized finance (DeFi) platforms, non-fungible tokens (NFTs), gaming, and Web3 projects. Its high throughput and low latency make it an attractive choice for developers seeking to create scalable applications that require fast transaction processing. Notable projects on Solana include Serum, a decentralized exchange, and Audius, a decentralized music streaming platform, showcasing the versatility and potential of the Solana ecosystem across various industries.
How does Solana ensure security and decentralization within its network?: Solana maintains security and decentralization through its unique consensus mechanism and a robust network of validators. By utilizing Proof of History (PoH), Solana enhances the verification process while allowing for scalability. The network is supported by a large number of independent validators, which helps ensure that no single entity can control it. Additionally, regular audits and community participation in governance contribute to its resilience and security, creating a trustworthy environment for both users and developers.
What are the staking rewards for Solana (SOL), and how do they work?: Staking rewards on Solana (SOL) are incentives provided to users who participate in the network by locking their tokens to support transaction validation. These rewards vary based on the number of tokens staked and the overall performance of validators. Users can delegate their tokens to selected validators to earn a share of the rewards. The staking process enhances the network's security while allowing participants to earn passive income, making it an attractive option for SOL holders.

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