The live Solana price today is $166.24 with a 24-hour trading volume of $1.47 billion. Solana has fallen by 1.78% in the last 24 hours. According to analysts, the price threatens to explode. If you are attracted to unique features and want to learn how and where to buy Solana, this guide is for you.
The Best Places to Buy Solana now
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the largest cryptocurrency exchanges on the market.
Buy SOL now at Binance
Cex.io Offers exchange of fiat currency for Bitcoin Ethereum, Tether and 23 other cryptocurrencies as well as Bitcoin/Ethereum trading against the USD.
Buy SOL now at CEX.IO
What is Solana?
Solana is a highly functional open source project that relies on the permissionless nature of blockchain technology to provide decentralized financial solutions (DeFi). The Solana protocol is designed to facilitate the creation of decentralized apps (DApp). It aims to improve scalability by introducing a proof-of-history (POH) consensus in combination with the underlying proof-of-stake (POS) consensus of the blockchain. Due to the innovative hybrid consensus model, Solana enjoys the interest of small traders and institutional investors alike.
Should I buy Solana today?
Considering how hard it is to make an accurate cryptocurrency prediction, you should never make decisions that affect your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.
According to FX Street, more than 76% of Solana’s tokens are staked, which reduces the circulating supply of SOL on the exchanges. While it is currently in a downtrend, analysts at Solana are optimistic and predict that the price could rise to $ 200 by the time of a massive rally.
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Invariant in nutshell ⤵️ pic.twitter.com/JzYY94pP5p
– Invariant (@invariant_labs) December 10, 2021