Solana Price Today

What determines the price of Solana?

Supply and demand on the Binance.US order books determine the Solana price.

Solana has no maximum supply. Supply depends on issuance, and new SOL is issued to validators at a rate that began at 8 percent a year and falls by 15 percent each year, so the rate itself keeps shrinking toward 1.5 percent. [1] Half of every base transaction fee is burned, and priority fees go to validators, so net supply shifts with network activity. [2]

Demand depends on use. Network activity, new applications, and token launches all move the price. Holders also stake SOL with validators, which affects how much is readily available to sell.

SOL doesn't generate earnings or cash flow, so its price rests on what the market will pay. The price responds more sharply to interest rates, liquidity, and flows into crypto than traditional assets.

As of Nov 06, 2026, Solana is trading at $89.25, -7.10% over the past 24 hours, moving between a low of $88.22 and a high of $96.98 on Binance.US. Over the past 7 days the price has moved -8.71%, over the past 30 days -24.84%, and over the past year -43.93%. Solana's market capitalization stands at $52.71B on a circulating supply of 590.29M SOL, with $4.70B traded globally over the past 24 hours. These movements reflect the mechanics described above: demand meeting a supply with no maximum, where new SOL is issued to validators at a rate that steps down each year while half of every base fee is burned, alongside network activity, and the broader macroeconomic backdrop. This is a dated read of current conditions, not a forecast; Binance.US does not publish price targets.

How Binance.US prices Solana

Binance.US prices Solana from buy and sell orders that execute on its own SOL/USD order book. Each completed trade sets the price you see on this page. [6]

Binance.US is operated by BAM Trading Services Inc. It is registered with FinCEN as a money services business [3] and holds money transmitter licenses in 32 states. [4] Read how Binance.US secures your cryptocurrency.

The quote moves continuously as new orders execute, so the rate reflects the market at that moment.

Price aggregators and finance widgets show a Solana price averaged across many exchanges, which is a reference number rather than a tradable rate. The figure here is the live Binance.US rate for Solana, and a U.S. resident can trade at it directly.

Binance.US is operated by BAM Trading Services Inc., a licensed and regulated United States cryptocurrency exchange platform that enables American residents to securely buy, sell, trade, and stake digital assets with fiat on-ramp capabilities, U.S.-based custody, and regulatory compliance. [3]

Solana's all-time high

Solana reached its all-time high of $294.33 on Jan 19, 2025. Today's price sits -69.66% from that record. Its all-time low of $0.51 was recorded on May 11, 2020.

Solana's price has peaked twice so far. The first high came in late 2021, with rising activity and token launches on the network. After a long decline through 2022, SOL recovered during 2023 and 2024 and reached a new record in January 2025.

Both figures update only when SOL trades beyond them on Binance.US, so they are recorded prices rather than estimates. Comparing the live price with the all-time high is a quick way to see how far Solana sits from its peak.

Solana market capitalization and circulating supply

Solana's market capitalization equals its price multiplied by circulating supply, currently $52.71B on 590.29M SOL in circulation. That figure ranks Solana at number 7 among cryptocurrencies, with a market dominance of 2.08%.

Circulating supply counts the SOL available in the market today. Solana has no maximum supply, so the circulating supply grows as new SOL is issued to validators. Burning half of every base fee removes SOL from circulation. [2] The balance between the two moves with network activity rather than following a preset endpoint.

Fully diluted valuation, shown as $56.87B, measures total supply at today's price, which for an asset without a ceiling, describes the present rather than an eventual maximum.

Market capitalization, not price alone, is a standard way to compare one cryptocurrency with another.

• Market capitalization is the total value of all circulating SOL, calculated as the price multiplied by the circulating supply.
• Fully diluted valuation is what the market cap would be if every SOL already in existence were circulating, including tokens that are staked or still vesting. Solana has no maximum supply, so the figure is measured against total supply today rather than against a ceiling.
• Circulating supply is the number of SOL currently issued and available to the market. Maximum supply does not apply to Solana: the protocol sets no cap, so new SOL keeps entering circulation. Issuance began at 8 percent a year and drops by 15 percent each year, so the rate itself keeps declining toward 1.5 percent.
• Dominance is Solana's share of the total cryptocurrency market capitalization.

Solana price history and key milestones

Solana launched its mainnet beta on 16 March 2020, when SOL first traded, so the 2020 row in the table below covers a partial year. Anatoly Yakovenko and Raj Gokal designed the network around Proof of History, a verifiable ordering of transactions described in Yakovenko's 2017 whitepaper. [5]

The price climbed steeply through 2021 as activity moved onto the network, then fell sharply through 2022 alongside the wider crypto market. It recovered through 2023 and 2024 as network activity returned and set a new all-time high in January 2025.

The yearly table shows the open, high, low, and close for each year since launch. Past movements record what happened and carry no information about future prices.

Why Solana is sometimes called a stock

Solana is not a stock. SOL is a cryptocurrency, the native token of the Solana network, and owning it does not give you shares in any company.

No company issues SOL as equity, and holding it carries no ownership stake, voting rights, or dividends.

The confusion is understandable. SOL trades around the clock on cryptocurrency exchanges, and funds that hold SOL are listed on stock exchanges, so the name appears beside tickers in brokerage apps and market news.

People searching for the Solana stock price usually want the SOL price itself, shown live at the top of this page and traded directly on Binance.US.