SO

Solana

SOL Rank #10
$94.99
Last updated 3 minutes ago
Recent Moves
20
Bullish
14
Bearish
6
Avg Change
+1.5%

What is Solana?

Solana is a layer-1 blockchain using proof-of-stake and proof-of-history consensus mechanisms to achieve high throughput. It can process thousands of transactions per second at minimal cost.

Why Does SOL Move?

Solana price is influenced by network activity, DeFi TVL, NFT volume, meme coin launches, ecosystem growth, and competition with Ethereum and other layer-1 platforms.

Recent SOL Price Moves

Price movements with news-backed explanations

View all →

Why Solana is up 1.9% today

5 hours ago 24 Hours
+1.9%
$93.18 → $94.92

Solana (SOL) is up 1.9% in the last 24 hours. No specific news about SOL was found; this move may be driven by broader market conditions or general crypto sentiment.

Why Solana is up 1.3% in the last hour

10 hours ago 1 Hour
+1.3%
$94.12 → $95.33

Solana (SOL) is up 1.3% in the last hour. No specific news about SOL was found; this move may be driven by broader market conditions or general crypto sentiment.

Why Solana is up 1.8% today

11 hours ago 24 Hours
+1.8%
$93.34 → $94.99

Solana (SOL) is up 1.8% in the last 24 hours. No specific news about SOL was found; this move may be driven by broader market conditions or general crypto sentiment.

Why Solana is down 1.1% in the last hour

11 hours ago 1 Hour
-1.1%
$96.78 → $95.72

Solana (SOL) is down 1.1% in the last hour. No specific news about SOL was found; this move may be driven by broader market conditions or general crypto sentiment.

Why Solana is up 1.1% in the last hour

23 hours ago 1 Hour
+1.1%
$93.45 → $94.51

Solana (SOL) is up 1.1% in the last hour. No specific news about SOL was found; this move may be driven by broader market conditions or general crypto sentiment.

Why Solana is up 3.9% today

1 day ago 24 Hours 2 sources
+3.9%
$89.56 → $93.03

Solana (SOL) rose about 3.9% over the past 24 hours as sentiment improved on reports that Solana has overtaken Ethereum in new developer signups, reinforcing the narrative of growing ecosystem momentum (CryptoNews). SOL also appeared to benefit from a risk-on bid tied to a surge in Solana-based “UFO” meme coins following a news-driven rally around the Pentagon’s alien file revelations, which can lift broader network attention and activity (BeInCrypto).

Why Solana is up 5.6% today

1 day ago 24 Hours 2 sources
+5.6%
$88.42 → $93.39

Solana (SOL) rose 5.6% over the past 24 hours amid positive attention on the ecosystem, with CryptoNews reporting that Solana overtook Ethereum in new developer signups—supporting a stronger growth narrative for the network. Separately, BeInCrypto noted a surge in Solana “UFO” meme coins following a Pentagon alien-files story, which likely boosted near-term trading activity and sentiment around Solana-based tokens.

Why Solana is up 1.1% in the last hour

2 days ago 1 Hour 2 sources
+1.1%
$92.96 → $93.96

Solana (SOL) rose about 1.1% over the past hour as sentiment improved following reports that Solana has overtaken Ethereum in new developer signups, which can be read as a positive signal for ecosystem momentum (CryptoNews). Additional risk-on interest may have been supported by a burst of attention around Solana-based meme coins tied to the “UFO/alien files” narrative, which helped drive short-term buzz across the Solana ecosystem (BeInCrypto).

Why Solana is down 1.1% in the last hour

2 days ago 1 Hour 2 sources
-1.1%
$94.02 → $92.96

Solana (SOL) dipped about 1.1% over the past hour, likely reflecting a modest pullback after recent Solana-related hype centered more on meme-coin activity than SOL itself. BeInCrypto reported a surge in Solana “UFO” meme coins following Pentagon alien-file headlines, which can drive short-term volatility and profit-taking across the ecosystem.

Why Solana is up 6.0% today

2 days ago 24 Hours 2 sources
+6.0%
$88.34 → $93.60

Solana (SOL) rose about 6% over the past 24 hours as market attention increased around Solana-linked activity and sentiment. BeInCrypto reported a surge in Solana “UFO” meme coins following the Pentagon’s alien-file revelations, which likely boosted broader interest in the Solana ecosystem.

SOL News

Latest news mentioning Solana

May 9, 09:48 73% Pump.Fun Traders are in Profit, Best Month Since 2024 May 8, 17:19 Solana UFO Meme Coins Surge After Pentagon Reveals Alien Files May 8, 09:45 Solana Just Overtook Ethereum in New Developer Signups — Biggest News Shift for Solana? May 7, 00:01 Zcash (ZEC) Is Crypto's Number One, Toncoin (TON) Dwarfs Solana (SOL), XRP Finally Breaks Key Resistance, but What's Early: Crypto Market Review May 6, 20:00 Solana treasury firm invests $25 mln into OnRe yield strategy: ‘Natural extension’ May 6, 11:29 Solana Company, Jito Foundation target institutional Solana staking expansion in Asia May 5, 13:21 MoonPay acquires Solana execution layer firm DFlow used by Coinbase, Phantom May 5, 10:46 Securitize taps Jump and Jupiter as it rolls out fully onchain, regulated onchain stocks May 5, 02:04 Western Union begins USDPT stablecoin rollout on Solana May 4, 14:04 DeLorean Brings Its Iconic IP to Solana May 4, 10:36 Coinbase boosts Solana trading with DFlow integration May 4, 08:45 Zcash (ZEC) Overtakes Solana (SOL) for First Time in History: Analyzing Why Investors Choose Privacy Coin May 1, 13:10 SHIB Joins BTC, ETH, XRP, SOL in Japan Lending Push via SBI VC Trade Apr 30, 11:54 Did Mark Zuckerberg Just Pick Solana? Meta Backs New Blockchains for USDC Apr 29, 21:14 Meta rolls out USDC payouts for creators on Solana and Polygon

Frequently Asked Questions

Why is SOL up or down today?

Solana price movements are tracked in real-time by CryptoHappenings. We analyze news from multiple sources including CoinDesk, Cointelegraph, and social media to explain why SOL is moving. Check the recent moves above for today's explanations.

What causes Solana price to change?

Solana price is influenced by network activity, DeFi TVL, NFT volume, meme coin launches, ecosystem growth, and competition with Ethereum and other layer-1 platforms.

How does CryptoHappenings track SOL?

We monitor SOL price data from major exchanges and aggregate news from trusted crypto sources. When significant price movements occur, our system correlates them with recent news to provide explanations for why the market is moving.