SOL Live Price Converter
SOL to CAD Calculator
Solana is a powerful open-source project that leverages permissionless blockchain technology to offer DeFi (decentralized finance) solutions. The Solana Foundation has been working on the Solana project since 2017, but it wasn't until March 2020 that it was formally released.
Solana is designed to facilitate dApp development and aims to improve blockchain scalability by combining a proof-of-history (PoH) with a proof-of-stake (PoS) consensus. Thanks to Solana’s innovative approach and hybrid consensus model, it has one of the crypto market's quickest blockchain networks as of 2023.
Solana’s 400-millisecond block time is only going to get faster as the network's architecture improves. Because of its low transaction fees of less than $ 0.01, the Solana network is a compelling alternative to Ethereum.
The Solana Foundation’s main objective is to increase DeFi adoption. It currently backs a number of market-leading dApps in the fields of DeFi, gambling, NFTs, and Web3.
The Solana ecosystem's native token, SOL, is among the top cryptocurrencies by market cap. Since 2021, its price has soared as more and more dApps have adopted Solana.
Real-time SOL Price Rates in CAD
SOL Live Data
The current SOL price is $ 25.9, which is 0.52% change in the past 24 hours and -5.83% in the past 7 days. With a circulating supply of 0, SOL’s live market cap is $ 11B. The 24-hour trading volume is $ 282M.
The conversion rates are calculated using the Live SOL Price Index along with other digital asset price indices. The SOL/USD exchange rate is updated in real-time.
Bitsgap’s Solana converter is a good place to start following the SOL market and other crypto markets' live updates.
SOL Supported Exchanges
The exchange rate of Solana is increasing.
The current value of 1 SOL is 25.9 CAD. Inversely, 1.00 CAD would allow you to trade for 0.0386 SOL, not including platform or gas fees.
In the last 7 days, the exchange rate has decreased by -5.83%. Meanwhile, in the last 24 hours, the rate has changed by 0.52%. This time last month, the value of 1 SOL was 27.87 CAD, which is a 7.60% increase from where it is now. Looking back a year, SOL has changed by -19.47 CAD.
SOL to CAD
|Asset||Today at 10:10 AM|
|0.5 SOL||12.95 CAD|
|1 SOL||25.9 CAD|
|5 SOL||129.52 CAD|
|10 SOL||259.04 CAD|
|50 SOL||1 295.2 CAD|
|100 SOL||2 590.41 CAD|
|500 SOL||12 952.03 CAD|
|1000 SOL||25 904.06 CAD|
CAD to SOL
|Asset||Today at 10:10 AM|
|0.5 CAD||0.0193 SOL|
|1 CAD||0.0386 SOL|
|5 CAD||0.193 SOL|
|10 CAD||0.386 SOL|
|50 CAD||1.9302 SOL|
|100 CAD||3.8604 SOL|
|500 CAD||19.302 SOL|
|1000 CAD||38.604 SOL|
Today vs. 24 hours ago
|Asset||Today at 10:10 AM||24 hours ago||24H Change|
|50 SOL||$1 295.2||$1 288.43|
|100 SOL||$2 590.41||$2 576.85|
|500 SOL||$12 952.03||$12 884.26|
|1000 SOL||$25 904.06||$25 768.53|
Today vs. 1 month ago
|Asset||Today at 10:10 AM||1 month ago||1 month Change|
|50 SOL||$1 295.2||$1 393.7|
|100 SOL||$2 590.41||$2 787.4|
|500 SOL||$12 952.03||$13 937.01|
|1000 SOL||$25 904.06||$27 874.02|
Today vs. 1 year ago
|Asset||Today at 10:10 AM||1 year ago||1 year Change|
|50 SOL||$1 295.2||$2 268.73|
|100 SOL||$2 590.41||$4 537.46|
|500 SOL||$12 952.03||$22 687.29|
|1000 SOL||$25 904.06||$45 374.58|
Solana's innovative combination of proof-of-stake (PoS) and proof-of-history (PoH) consensus models speeds up the validation process, making the network as a whole faster, cheaper, and more efficient. Thanks to this, Solana has been dubbed the "Visa of Crypto."
Having high processing power and transaction speed makes the Solana network ideal for both personal and business use. By switching to Solana, organizations can process even large data sets in a matter of seconds.
The fact that Solana-based smart contracts have run smoothly since launch demonstrates the platform’s utility. As more crypto apps emerged on the network, the price of Solana gradually increased, reaching a record high of $ 216 on September 9, 2021. There are currently more than 350 projects listed on the Solana Blockchain.
While there’s merit to the claim that Solana can challenge Ethereum's position as the dominant blockchain platform for smart contracts, its progress has been greatly hampered by numerous disruptions (like DDOS attacks). Also, recent updates to Ethereum have mostly fixed its scalability problems, which makes a case for Solana less strong.
Most of what Solana has accomplished has been thanks to Anatoly Yakovenko. In 2005, Yakovenko began his career at Qualcomm, where he rapidly rose through the ranks to become a senior staff engineer. Although he changed jobs down the road and briefly worked for Dropbox, his professional life became closely intertwined with those of his former colleagues.
In 2017, Yakovenko started working on what would become Solana. Greg Fitzgerald, who also worked at Qualcomm, helped him start Solana Labs, which attracted several other Qualcomm employees. In 2020, the Solana protocol and SOL token finally saw the light of day and were introduced to the public.
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