SolanaSOL

A high-speed blockchain used mostly for trading and stablecoin payments; SOL pays fees and is staked.

Rank #7Since March 2020

Price on 31 Oct 2026

C$133.83 +30.9% since 31 Jul 2026 · 68.5% below its all-time high

The short version

Solana is a high-speed blockchain used mostly for trading, stablecoin payments and tokenized stocks; SOL pays its fees and is staked to secure it. The Swiss-based Solana Foundation supports it, while Anza and Jump Crypto build its validator software. Its Alpenglow consensus upgrade went live on 21 Oct 2026. On 31 Oct 2026 one SOL cost C$133.83. From 31 Jul 2026 to 31 Oct 2026 its price changed +30.9% in Canadian dollars, and it was 68.5% below its all-time high of C$424.76 set on 19 Jan 2025.^[1]

Checked 31 Oct 2026 · 15 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$263.03 (3 Nov 2025) · low C$86.70 (7 Jun 2026) · -48.9%^[1]

Month-end prices (table)

Date	C$	US$
31 Oct 2026	C$133.73	US$95.79
30 Sep 2026	C$169.54	US$119.09
31 Aug 2026	C$140.99	US$101.68
31 Jul 2026	C$104.46	US$74.46
30 Jun 2026	C$106.56	US$75.02
31 May 2026	C$114.08	US$82.69
30 Apr 2026	C$112.76	US$83.04
31 Mar 2026	C$114.62	US$82.45
28 Feb 2026	C$112.20	US$82.04
31 Jan 2026	C$158.50	US$117.48
31 Dec 2025	C$170.95	US$124.83
30 Nov 2025	C$190.79	US$136.02

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026: C$133.83^[1]
3-month change: +30.9% in C$ (31 Jul 2026 to 31 Oct 2026)^[1]
From its high: 68.5% below its high of C$424.76 (19 Jan 2025)^[1]
Market rank: #7, market value about C$78.9B^[1]
Kind: Native coin · Solana (its own network)
Started: March 2020

Checks: the same 9 questions for every coin

Facts, not a rating

Can an admin key create new coins?NoNew SOL come only from protocol staking inflation, about 3.4% a year^{[2, 3]}

Can anyone freeze or take coins from holders?NoThe protocol has no function to freeze or seize native SOL^[4]

Can the token's contract code be changed?Not applicableRuns on its own blockchain; its rules change only through network upgrades

Is the supply capped?NoNo maximum supply^[5]

Any scheduled unlocks in the next 12 months?NoNo vesting cliffs; only staking issuance^[3]

Does a team or foundation hold over 10% of supply?Not disclosedAbout 52% went to insiders and the foundation at launch, vested by 2021; current holdings unpublished^[4]

Do network fees reach coin holders?YesHalf of base fees burned (US$26.2M a year); priority fees and tips go to stakers^{[2, 6]}

Main network hacked or halted in the past 2 years?NoNo halt since Feb 2024; a 12 Aug 2026 fault took 28.83% of stake offline briefly^{[2, 7]}

Is a regulator or court case targeting the coin itself?NoNamed a digital commodity on 17 Mar 2026; no live enforcement found^[8]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Run by: Solana Foundation (Zug, Switzerland); Anza and Solana Labs (San Francisco) build the Agave client, Jump Crypto builds Firedancer^[4]
Founders: Anatoly Yakovenko and Raj Gokal; backers include Multicoin, a16z and Polychain^[4]
Treasury companies: Forward Industries 8,501,298 SOL (30 Sep 2026); DeFi Development about 2.59M; Upexi about 2.3M^{[9, 10, 11]}

Supply

In circulation: 590.10M SOL of 636.76M in total (92.7%)^[1]
Maximum supply: None set^[1]
Fully diluted value: 1.08 times its current market value^[1]
Circulating: About 590M SOL, 92.7% of total; no maximum supply^[5]
New coins: Staking issuance about 20M SOL a year (about 3.4%); an Aug 2026 vote to cut it faster awaits activation^{[2, 3]}
Unlocks: None scheduled; DefiLlama models only staking issuance^[3]

Use and fees

Main use: Trading (DEXs, memecoins, perpetuals), stablecoin payments and tokenized stocks^[2]
Network fees: US$235.3M in the past year; apps on Solana took US$3.82B^[6]
Who gets fees: Half of base fees burned (US$26.2M); priority fees and tips go to validators and stakers^{[2, 6]}
Stablecoins: US$15.1B on Solana, 31 Oct 2026^[6]

Trading

Daily trading: About C$4.4B a day on average, 31 Jul 2026 to 31 Oct 2026^[1]
Daily turnover: Typically 5.06% of its market value changes hands each day^[1]
20-week average: 4.7% above its 20-week average price^[1]
1-year change: -49.1% in C$^[1]^[12]

History

Not a forecast

Coins ranked 2-10 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 243 cases, 23 coins

49% were higher a year later^[13]

Typical result: Median -1% after a year; 72% higher after two years
Lost half or more: 21% within a year
Against Bitcoin: 7% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

No red flags found

Alpenglow, a new consensus system, went live on 21 Oct 2026; early dashboards showed 6.6-second finality against a 150 ms design goal.^[14]
On 12 Aug 2026 a Teraswitch routing fault took 28.83% of stake offline for about 33 minutes; 33.3% would halt the chain.^[2]
US SOL ETFs had three straight weeks of outflows of about US$25-30M a week from 5 to 22 Oct 2026.^[15]
Breakpoint, Solana's main conference, runs in London on 15-17 Nov 2026.^[2]

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.