Solana (SOL)
A plain-language guide for first-timers
Today's price
$80.63
Updated 2 Jul 2026
Price chart
What is Solana?
Solana (SOL), launched in 2020, is a high-performance blockchain known for its impressive speed and low transaction costs. It can handle thousands of transactions per second, making it one of the fastest blockchain platforms available. Solana achieves this efficiency through a unique combination of Proof of History (PoH) and Proof of Stake (PoS). Developers love Solana for building decentralized applications (dApps) and finance projects because it’s fast and affordable. Solana’s growing ecosystem and innovative technology continue to attract attention and investment, solidifying its status as a leading cryptocurrency. Learn more in our workshops!
New to crypto? See how CryptoUnity works, browse our beginner workshops, or look up any term in the glossary.
How to buy Solana in the US
Four steps, start to finish — most people are done in under ten minutes.
- 1
Download the CryptoUnity app
Create your free account and complete a quick one-time identity check (about 5 minutes). It keeps everyone’s funds safe.
- 2
Add dollars
Top up by bank transfer or card. There are no deposit fees, and switchers get 0% trading fees for the first 30 days.
- 3
Buy Solana
Buy SOL from as little as $1 — you don’t need to buy a whole coin. You’ll see the exact amount and price before you confirm.
- 4
Hold it or set a recurring buy
Your SOL is held in BitGo-secured custody, and you can withdraw it to your own wallet anytime. Prefer to invest a little at a time? Set up an automatic recurring buy in a couple of taps.
Try it
If I had invested a small amount regularly…
This is called DCA Dollar-Cost Averaging — buying a small amount on a regular schedule. It removes the guesswork of trying to pick the perfect moment to buy. . It's how most beginners start. Pick an amount and how often to run the numbers on Solana's real price history.
Common questions about Solana
Real questions, plain answers. If you have one we missed, write us and we'll add it.
Is Solana safe? +
Is Solana a good investment for beginners? +
Can I buy a small amount? +
Where is my SOL stored? +
What can I actually do with it? +
Latest Solana news
Market News
Bitcoin and Solana hit record highs, TRUMP token shakes the world, optimism ahead of the inauguration, and more | Weekly Crypto News
1/20/2025
Security & Scams
Crypto Market Shaken: Extreme Fear as Bitcoin Falls Below $90K, Bybit Hacked, Pi Launch Ends Badly, and More | Weekly Crypto News
2/25/2025
Market News
Bitcoin drops 10%, exchange reserves hit a record low, will Solana outperform BTC and ETH in 2025, and more
1/13/2025
Other coins worth a look
If you're learning about Solana, these are good next reads.