Solana token token
Overview
SOL is the native token of Solana, a proof-of-stake layer-1 blockchain supporting smart contracts and decentralised applications, created by Anatoly Yakovenko and Raj Gokal through Solana Labs, founded in San Francisco in 2018. The network launched publicly in March 2020, with its first block produced on 16 March 2020. SOL is used to pay transaction fees and to stake with validators securing the network. Its price history has been extreme: SOL rose roughly 12,000% during 2021, reaching a market capitalisation above $70 billion and a price near $260, then fell 40% in a single day in November 2022 when FTX went bankrupt, since Alameda Research held substantial SOL. It reached a new all-time high of $294 in January 2025. Solana has had significant reliability problems — a 17-hour outage in September 2021 and further outages in May and October 2022 — and a security incident in August 2022 in which roughly 9,000 wallets were compromised for about $8 million. Regulatory status has been contested: the SEC alleged in 2023 that SOL is an unregistered security, while Robinhood Crypto relisted SOL for US customers in November 2024. The January 2025 launch of the TRUMP memecoin on Solana drove a sharp burst of network activity and price appreciation. Founded 2018, mainnet March 2020; ~12,000% rise in 2021 to a $70bn+ market cap; repeated network outages 2021-2022; 40% single-day fall in November 2022 on FTX's collapse; SEC alleged SOL was an unregistered security in 2023; Robinhood relisted it in November 2024; new all-time high of $294 in January 2025.
Within the DeFi Intel graph, Solana token connects to 12 tracked entities, most strongly to Solana, Solana, Founder of Solana Token Launchpad Believe Arrested on Assault, Strangulation Charges.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 12 total).
| Relation | Connected entity | Confidence |
|---|---|---|
supports_token | Solana | 99% |
deployed_on | Solana | 95% |
mentions | Founder of Solana Token Launchpad Believe Arrested on Assault, Strangulation Charges | 95% |
has_metric | SOL Price 2026-04-26 | 95% |
supports_token | Robinhood Crypto | 90% |
supports_token | Bitwise Solana ETF | 90% |
supports_token | Jupiter Mobile | 90% |
supports_token | Solflare | 90% |
holds_token | DeFi Development Corp | 90% |
argued | Matthew Sigel | 85% |
Frequently asked questions
What is Solana token?
Solana token is a layer1 tracked in the DeFi Intel knowledge graph. It is connected to 12 other tracked entities, most strongly to Solana, Solana, Founder of Solana Token Launchpad Believe Arrested on Assault, Strangulation Charges.
What type of entity is Solana token?
Solana token is classified as a layer1 (token) in the DeFi Intel knowledge graph.
What is Solana token connected to?
In the DeFi Intel knowledge graph, Solana token is linked to 12 other tracked entities, most strongly to Solana, Solana, Founder of Solana Token Launchpad Believe Arrested on Assault, Strangulation Charges.
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