How to Purchase Solana (SOL): A Step-by-Step Guide for Australians

Introduction

When purchasing Solana, there are several factors to consider, including selecting an exchange to buy it from and the transaction method. Fortunately, we've compiled a list of reputable exchanges to assist you with the process.

Step-by-Step Guide

1. Select an Exchange
Research and select a cryptocurrency exchange that operates in Australia and supports Solana trading. Consider factors such as fees, security, and user reviews.
Platform Coin Cost
Nexo Solana (SOL) 140.96
PrimeXBT Solana (SOL) 140.51
EarnPark Solana (SOL) 139.14
YouHodler Solana (SOL) 140.71
Binance Solana (SOL) 140.71
BTSE Solana (SOL) 140.64
See all 84 prices
2. Create an Account
Register on the exchange's website or mobile app, providing personal information and identity verification documents.
Platform Coin Cost
Nexo Solana (SOL) 140.96
PrimeXBT Solana (SOL) 140.51
EarnPark Solana (SOL) 139.14
YouHodler Solana (SOL) 140.71
Binance Solana (SOL) 140.71
BTSE Solana (SOL) 140.64
See all 84 prices
3. Top Up Your Account
Transfer funds to your exchange account using supported payment methods such as bank transfer, credit card, or debit card.
4. Navigate to the Solana market
Once your account is funded, search for Solana (SOL) in the exchange's marketplace.
5. Select a Transaction Amount
Enter the amount of Solana you wish to purchase.
6. Confirm Purchase
Preview the Transaction Details and Confirm Your Purchase by clicking the "Buy SOL" or equivalent button.
7. Complete Transaction
Your Solana purchase will be processed and deposited into your exchange wallet within minutes.
8. Transfer to a Hardware Wallet
It's always best to keep your crypto in a hardware wallet for security reasons. We recommend using Wirex or Trezor.

Platform	Coin	Cost
Nexo	Solana (SOL)	140.96
PrimeXBT	Solana (SOL)	140.51
EarnPark	Solana (SOL)	139.14
YouHodler	Solana (SOL)	140.71
Binance	Solana (SOL)	140.71
BTSE	Solana (SOL)	140.64

Platform	Coin	Cost
Nexo	Solana (SOL)	140.96
PrimeXBT	Solana (SOL)	140.51
EarnPark	Solana (SOL)	139.14
YouHodler	Solana (SOL)	140.71
Binance	Solana (SOL)	140.71
BTSE	Solana (SOL)	140.64

What to Be Aware Of

When purchasing Solana, it's important to choose a reputable exchange that is user-friendly and has reasonable fees. Once you've done this, always transfer your crypto to a hardware wallet. That way, no matter what happens to that exchange, your crypto remains safe.

Latest Movements

Solana (SOL) is currently priced at USD 129.22 with a 24-hour trading volume of USD 4.55B. In the last 24 hours, Solana has experienced a decrease of -3.42%. The market cap of Solana stands at USD 91.18B, with 483.75M SOL in circulation. For those looking to buy or trade Solana, Nexo offers avenues to do so securely and efficiently}

Market capitalisation: USD 91.18B
24-hour volume: USD 4.55B
Circulating supply: 483.75M SOL

See the latest information

Frequently Asked Questions About Purchasing Solana (SOL)

What factors influence the price of Solana (SOL) in Australia?: The price of Solana (SOL) in Australia is influenced by market demand and supply, overall cryptocurrency trends, technological advancements, and developments within the Solana ecosystem. Investor sentiment and macroeconomic factors, including regulatory updates or significant market events, also play a crucial role. It's important to stay informed through real-time price comparisons and market sentiment analysis on platforms like CoinMarketCap or CoinGecko to understand these price fluctuations.
What factors influence the price of Solana (SOL)?: The price of Solana (SOL) is influenced by various factors, including market demand and supply dynamics, overall cryptocurrency market trends, technological advancements, and developments within the Solana ecosystem. Additionally, investor sentiment and macroeconomic factors, such as regulatory news or market events, can significantly impact its price. Staying informed through real-time price comparisons and market sentiment analysis on platforms like Bitcompare is essential for understanding these fluctuations.
How can I monitor the current price of Solana (SOL)?: You can track the current price of Solana (SOL) through various cryptocurrency exchanges and financial platforms that offer real-time data. Bitcompare provides real-time price comparisons for Solana across multiple exchanges, allowing you to find the best rates instantly. Additionally, signing up for email rate alerts on Bitcompare ensures that you stay updated on significant price changes, enabling you to make informed decisions regarding your Solana holdings.
What is the best platform to purchase Solana (SOL) at competitive prices?: To buy Solana (SOL) at competitive prices, it is essential to compare rates across various cryptocurrency exchanges. Bitcompare provides a comprehensive overview of the best rates available for Solana across multiple platforms, ensuring you can make a well-informed purchase. Keep in mind that prices may vary due to transaction fees and market fluctuations, so regularly checking Bitcompare can help you secure the most favorable rates when buying Solana.
How frequently does the price of Solana (SOL) change?: The price of Solana (SOL) can change frequently due to the highly volatile nature of cryptocurrency markets. Prices can fluctuate multiple times within a single minute based on trading volume, market sentiment, and external factors such as news events or regulatory changes. To stay updated on these rapid changes, it is crucial to utilize platforms like Bitcompare for real-time price comparisons and market sentiment analysis to track Solana's price movements effectively.
What is the historical price trend of Solana (SOL)?: The historical price trend of Solana (SOL) has shown significant growth since its launch. Initially priced at a fraction of a dollar, SOL experienced substantial increases, particularly during market rallies in 2021 and 2022, reaching all-time highs. However, like many cryptocurrencies, it has also faced corrections and volatility. To analyze detailed historical price trends and patterns, users can refer to data available on Bitcompare, which provides insights into Solana's price movements over time.

Solana SOL News

January 19, 2026ETH, SOL, ADA price news: Bitcoin under $92,000 on tariff fears, gold to record highs

Roughly $600 million in long crypto positions were liquidated as traders cut leverage and reassessed exposure.

January 19, 2026Bitcoin Slips On Trade War Fears, Sparks $865M in Liquidations - Decrypt

Analysts say the resurgence in U.S.-EU trade war tensions has driven Bitcoin’s drop as U.S. markets remain closed for a public holiday.

January 19, 2026Trove Investors Seek Refunds After Perps Pivot to Solana

Trove Markets is under fire after suddenly pivoting its DEX perps trading integration from Hyperliquid to Solana, with some unhappy investors demanding refunds from the token sale.

Top Pairs for Solana

Frequently Asked Questions About Purchasing Solana (SOL)

Platform	Coin	Cost
Nexo	Solana (SOL)	140.96
PrimeXBT	Solana (SOL)	140.51
EarnPark	Solana (SOL)	139.14
YouHodler	Solana (SOL)	140.71
Binance	Solana (SOL)	140.71
BTSE	Solana (SOL)	140.64

Platform	Coin	Cost
Nexo	Solana (SOL)	140.96
PrimeXBT	Solana (SOL)	140.51
EarnPark	Solana (SOL)	139.14
YouHodler	Solana (SOL)	140.71
Binance	Solana (SOL)	140.71
BTSE	Solana (SOL)	140.64

What factors influence the price of Solana (SOL) in Australia?

The price of Solana (SOL) in Australia is influenced by market demand and supply, overall cryptocurrency trends, technological advancements, and developments within the Solana ecosystem. Investor sentiment and macroeconomic factors, including regulatory updates or significant market events, also play a crucial role. It's important to stay informed through real-time price comparisons and market sentiment analysis on platforms like CoinMarketCap or CoinGecko to understand these price fluctuations.

What factors influence the price of Solana (SOL)?

The price of Solana (SOL) is influenced by various factors, including market demand and supply dynamics, overall cryptocurrency market trends, technological advancements, and developments within the Solana ecosystem. Additionally, investor sentiment and macroeconomic factors, such as regulatory news or market events, can significantly impact its price. Staying informed through real-time price comparisons and market sentiment analysis on platforms like Bitcompare is essential for understanding these fluctuations.

How can I monitor the current price of Solana (SOL)?

You can track the current price of Solana (SOL) through various cryptocurrency exchanges and financial platforms that offer real-time data. Bitcompare provides real-time price comparisons for Solana across multiple exchanges, allowing you to find the best rates instantly. Additionally, signing up for email rate alerts on Bitcompare ensures that you stay updated on significant price changes, enabling you to make informed decisions regarding your Solana holdings.

What is the best platform to purchase Solana (SOL) at competitive prices?

To buy Solana (SOL) at competitive prices, it is essential to compare rates across various cryptocurrency exchanges. Bitcompare provides a comprehensive overview of the best rates available for Solana across multiple platforms, ensuring you can make a well-informed purchase. Keep in mind that prices may vary due to transaction fees and market fluctuations, so regularly checking Bitcompare can help you secure the most favorable rates when buying Solana.

How frequently does the price of Solana (SOL) change?

The price of Solana (SOL) can change frequently due to the highly volatile nature of cryptocurrency markets. Prices can fluctuate multiple times within a single minute based on trading volume, market sentiment, and external factors such as news events or regulatory changes. To stay updated on these rapid changes, it is crucial to utilize platforms like Bitcompare for real-time price comparisons and market sentiment analysis to track Solana's price movements effectively.

What is the historical price trend of Solana (SOL)?

The historical price trend of Solana (SOL) has shown significant growth since its launch. Initially priced at a fraction of a dollar, SOL experienced substantial increases, particularly during market rallies in 2021 and 2022, reaching all-time highs. However, like many cryptocurrencies, it has also faced corrections and volatility. To analyze detailed historical price trends and patterns, users can refer to data available on Bitcompare, which provides insights into Solana's price movements over time.

How to Purchase Solana (SOL) in Australia

What you will learn