Solana SOL
Find out detailed information about the Solana (SOL) and easily buy or sell at the real-time exchange rate.
Solana(SOL) price - exchange rate 2/22/2025 7:13 PM is 165.43717 EUR. In dollars the price is 173.13 USD.
How to buy Solana (SOL)?
Follow 4 easy steps to purchase SOL.
Create an account on Bitcoin Store
Make a deposit in Euros
Buy Solana
Solana is on your wallet
Frequently asked questions
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What is the Solana (SOL) price - exchange rate today?
What is Solana (SOL) and how does it work?
To enable fast transactions and increase scalability, Solana uses an interesting concept called Proof of History (PoH) and combines it with the fundamental consensus of Proof-of-Stake (PoS).
With this innovative hybrid consensus model, Solana seeks to provide a better infrastructure for creating a new generation of decentralized applications (Dapps).
Proof-of-History (PoH) is the main component of the Solana protocol. It is responsible for most transactions within a network.
PoH records successfully completed transactions and the time elapsed between individual transactions.
Proof-of-Stake (PoS), on the other hand, is used as a tool to track the Proof-of-History process and validate each subsequent block.
Solana also has the original cryptocurrency SOL.
Solana blockchain users need SOL to pay transaction fees.
Users who hold (SOL) can also be network validators.
How many Solana (SOL) coins are in circulation?
The Solana Foundation announced that the maximum amount of Solana (SOL) tokens that will ever exist will be 562,465,268 million.
What are the benefits of Solana (SOL)?
It differs from the competition by the high speed of transactions.
The production of new blocks is between 400 and 1000 milliseconds.
By comparison, Ethereum takes 13 seconds to do the same job.
Solana also claims that it can process 50,000 transactions per second.
The Proof-of-History protocol enables fast transactions.
PoH is designed to keep transaction costs low while ensuring a high level of scalability and high transaction processing speed.
How to mine Solana (SOL)?
Validators within the network process transactions and maintain the network itself.
They are selected based on the amount they have staked online.
Validators who stake the largest number of SOL tokens will have the advantage of validating new transactions in the blockchain, for which they will receive a reward.
Who is the founder of Solana?
The project was launched in 2017.
Yakovenko and his former Qualcomm colleague Greg Fitzgerald, launched Solana Labs and created the Solana testnet, which started operating in 2018.
How to buy Solana (SOL)?
First, you need to create and verify your account on the Bitcoin Store cryptocurrency trading platform to get full access.
After successful verification, you can deposit (EUR) to your Bitcoin Store Wallet.
Supported payment methods for deposit are:
- internet or mobile banking
- card deposits (VISA, Mastercard)
- bank transfer
- payment slip
- cash payment in the Bitcoin Store physical exchange office
Once we receive your payment, funds to purchase cryptocurrencies will be available on your Bitcoin Store Wallet, and you can start purchasing cryptocurrencies.
How to sell Solana (SOL)?
You can instantly sell cryptocurrencies that are stored on your Bitcoin Store Wallet.
Cryptocurrency stored on personal wallets such as Exodus, Trust Wallet, Ledger, Treasury, etc., or various trading platforms and must be transferred to your Bitcoin Store Wallet before selling.
Once the transfer is successful, you can sell your cryptocurrency.
You can withdraw the funds directly to your bank account or keep them on your Bitcoin Store Wallet and use them for future cryptocurrency purchases.
Can I buy or sell Solana (SOL) for cash?
Verifying your identity via ID card is not required for all transactions up to 1000,00 EUR.
You can deposit cash directly to your Bitcoin Store account in the exchange office.
The deposit amount will be visible immediately and ready for your next cryptocurrency purchase.
Where can I store Solana (SOL)?
When it comes to cryptocurrencies, digital wallets can be divided into 2 groups - Hot Wallets and Cold Wallets.
Hot wallets include:
- desktop wallet
- mobile wallet
- online wallet
Cold Wallets include:
- hardware wallet
- paper wallet
You can also store SOL on your own Bitcoin Store Wallet.
The access and storage of cryptocurrency are free for all users who register on the Bitcoin Store Platform.
On Bitcoin Store Wallet you can:
- store more than 170 cryptocurrencies
- deposit, withdraw, and store funds in EUR
Bitcoin Store Wallet
Registered users have free access to the Bitcoin Store Wallet (digital wallet) on which you can safely store more than 170 cryptocurrencies. Simply make a deposit and withdraw funds or transfer crypto to other digital wallets.
Solana price, investment and fees
Real-time Solana price 2/22/2025 7:13 PM is €165.43717.
How often does the Solana (SOL) price change?
What is the fee for buying or selling Solana SOL?
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