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Wrapped Solana price

Wrapped Solana priceSOL

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Price of Wrapped Solana today

The live price of Wrapped Solana is $145.41 per (SOL / USD) today with a current market cap of $183.29M USD. The 24-hour trading volume is $686.74M USD. SOL to USD price is updated in real time. Wrapped Solana is -1.89% in the last 24 hours. It has a circulating supply of 1,260,470.8 .

What is the highest price of SOL?

SOL has an all-time high (ATH) of $1,570.08, recorded on 2024-01-01.

What is the lowest price of SOL?

SOL has an all-time low (ATL) of $8.21, recorded on 2022-12-29.
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Wrapped Solana price prediction

What will the price of SOL be in 2025?

Based on SOL's historical price performance prediction model, the price of SOL is projected to reach $309.16 in 2025.

What will the price of SOL be in 2030?

In 2030, the SOL price is expected to change by 0.00%. By the end of 2030, the SOL price is projected to reach $619.65, with a cumulative ROI of +326.13%.

Wrapped Solana price history (USD)

The price of Wrapped Solana is +692.35% over the last year. The highest price of in USD in the last year was $1,570.08 and the lowest price of in USD in the last year was $15.76.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h-1.89%$132.78$140.79
7d-8.63%$131.14$151.25
30d-24.06%$131.14$182.35
90d-22.11%$119.57$204.02
1y+692.35%$15.76$1,570.08
All-time0.00%$8.21(2022-12-29, 1 years ago )$1,570.08(2024-01-01, 356 days ago )

Wrapped Solana market information

Market cap
$183,289,735.51
-1.89%
Fully diluted market cap
$183,289,735.51
-1.89%
Volume (24h)
$686,735,514.5
-23.65%
Market rankings
Circulation rate
100.00%
24h volume / market cap
374.67%
Circulating supply
1,260,470.8 SOL
Total supply / Max supply
1,260,470.75 SOL
-- SOL
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Wrapped Solana ratings

Average ratings from the community
4.4
100 ratings
This content is for informational purposes only.

About Wrapped Solana (SOL)

Wrapped Solana Token: Unveiling its Purpose and Potential

Why Was Wrapped Solana Token Created?

The Wrapped Solana Token (wSOL) was formulated to address one fundamental hurdle in the blockchain ecosystem, i.e., interoperability. This characteristic represents the ease with which different blockchains can communicate and interact with one another.

Despite the existence of thousands of digital currencies, the underlying technology that powers most of them isn't uniform. This technical diversity leads to a significant lack of interoperability, making it tough for these decentralized ecosystems to interact.

Here's where Wrapped tokens come into play. They are a type of cryptocurrency that mirror the price of another cryptocurrency. They are tied to the value of the original crypto, and can be minted or burned as necessary. In the case of the Wrapped Solana Token (wSOL), it mirrors the price of Solana Token (SOL).

How Does Wrapped Solana Token Work?

A Wrapped Solana Token (wSOL) represents the value of Solana on other blockchain networks, such as Ethereum. This allows the value of Solana to be utilized on platforms that would not normally support it. This basic concept results in unprecedented blockchain interoperability, fluid assets transfer and unlocks novel avenues for decentralized finance (DeFi).

To obtain wSOL, holders deposit the native crypto (SOL) into a secure wrap protocol. Once deposited, the protocol mints a corresponding amount of wSOL token, keeping the same value as the original SOL.

Any wrapped token can freely move within the network it is compatible with. wSOL, for example, could travel through the Ethereum blockchain, participating in various protocols that accept it. Once its mission is complete, the wSOL can be unwrapped, burning the wSOL and releasing the original SOL back to the holder.

What Potential Does Wrapped Solana Token Hold?

DeFi protocols have an insatiable appetite for liquidity. While these protocols promise high returns, they are often constrained by the assets they can support. Wrapped tokens, like wSOL, could provide a solution, giving these platforms seamless access to an existing pool of liquidity.

Moreover, as Solana positions itself as a high-speed low-cost solution to Ethereum’s scalability issues, the demand for wSOL tokens on Ethereum-based DApps can likely grow. wSOL brings Solana's super-fast, secure, and censorship-resistant transactions to the Ethereum ecosystem, opening new opportunities for arbitrage, flash loans, and yield farming.

In conclusion, Wrapped Solana Token (wSOL), embracing the decentralization ethos at its core, carefully solves the interoperability issue, simultaneously imparting fluidity and expanding possibilities in the universe of blockchain and DeFi. These developments might only be the tip of the iceberg, and wSOL could unlock more potentials in the rapidly evolving DeFi space.

How to buy Wrapped Solana(SOL)

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After signing up on Bitget and successfully buying USDT or SOL tokens, you can also start copy trading by following elite traders.

FAQ

What is the current price of Wrapped Solana?

The live price of Wrapped Solana is $145.41 per (SOL/USD) with a current market cap of $183,289,735.51 USD. Wrapped Solana's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Wrapped Solana's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Wrapped Solana?

Over the last 24 hours, the trading volume of Wrapped Solana is $686.74M.

What is the all-time high of Wrapped Solana?

The all-time high of Wrapped Solana is $1,570.08. This all-time high is highest price for Wrapped Solana since it was launched.

Can I buy Wrapped Solana on Bitget?

Yes, Wrapped Solana is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy guide.

Can I get a steady income from investing in Wrapped Solana?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Wrapped Solana with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Where can I buy Wrapped Solana (SOL)?

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1 SOL = 145.41 USD
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Links
Wrapped Solana WebsiteWrapped Solana WhitepaperWrapped Solana TwitterWrapped Solana Github

Bitget Insights

BGUSER-X2BT9314
BGUSER-X2BT9314
6h
$SOL
SOL+0.09%
BGUSER-GT0LE6VB
BGUSER-GT0LE6VB
10h
Solana Blockchain Technology Feature
Solana (SOL) is a fast, decentralized, and scalable blockchain platform that utilizes a proof-of-stake (PoS) consensus algorithm. It's designed to support the creation of decentralized applications (dApps) and provide a robust infrastructure for the Web3 ecosystem. *Key Features* 1. *Fast Transaction Times*: Solana's blockchain processes transactions at a speed of 65,000 transactions per block. 2. *Scalability*: Solana's platform is designed to scale horizontally, allowing it to handle increased traffic and usage. 3. *Low Transaction Fees*: Solana's transaction fees are significantly lower compared to other blockchain platforms. 4. *Smart Contract Support*: Solana supports the creation and execution of smart contracts, enabling developers to build complex decentralized applications. *Market Information* 1. *Current Price*: $23.41 2. *Market Capitalization*: $8.5 billion 3. *24-hour Trading Volume*: $1.3 billion 4. *Circulating Supply*: 373 million SOL
SOL+0.09%
EmOn⚡
EmOn⚡
11h
TONSTATION- SOON TOKEN
Let's see what happened tomorrow ! I think soon will be around 0.00005$ per token. What do you think ? Comment below ... #soon #btc #eth #sol #tonstation #airdrop #crypto
BTC-0.99%
SOON0.00%
BGUSER-FANTASTIC
BGUSER-FANTASTIC
11h
CAN SOLANA HIT 250$
As of December 21, 2024, Solana (SOL) is trading at approximately $181.07. Given the current price and the limited time remaining in the year, it is unlikely that Solana will reach $250 before the end of 2024. Analysts have provided various forecasts for Solana's price in the near future: Longforecast.com predicts that Solana will end December 2024 at around $167, with a high of $243 and a low of $154 during the month. CoinCodex anticipates that Solana will trade between $192.50 and $195.48 by the end of December 2024. CoinPriceForecast estimates that Solana will close 2024 at approximately $180, representing a 77% year-over-year increase. These projections suggest that while Solana may experience growth, reaching $250 before the end of 2024 is improbable. Looking ahead, some analysts are optimistic about Solana's potential in early 2025. BlockchainReporter indicates that Solana could reach new all-time highs of approximately $260.39 in early 2025, depending on market conditions and investor sentiment. CoinDCX forecasts that Solana's price could approach $380 to $450 in the first half of 2025, though it may face corrections before achieving significant milestones like the $500 mark. In summary, while Solana is not expected to hit $250 by the end of 2024, it may approach or exceed this level in early 2025, contingent upon favorable market dynamics and investor confidence.
NEAR-1.21%
SOL+0.09%
Ali_Afzal
Ali_Afzal
11h
TOP LOST CRYPTOCURRENCIES FOR UNDER $200 WITH HIGH UTILITY: Solana $SOL A high-performance blockchain platform designed for decentralized applications and financial markets. Current price: around $180.
SOL+0.09%

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