As of today, 1 Solana (SOL) is worth $189.55 USD at 11:45 am. This valuation provides a snapshot of its price at a specific moment in time.
Current Solana (SOL) Valuation Details
The value of cryptocurrencies such as Solana is constantly changing due to market dynamics. The following table illustrates the equivalent USD value for different amounts of SOL, based on data from today at 11:45 am:
| Amount of SOL | Equivalent USD Value | Timestamp |
|---|---|---|
| 0.5 SOL | $94.77 | Today at 11:45 am |
| 1 SOL | $189.55 | Today at 11:45 am |
| 5 SOL | $947.73 | Today at 11:45 am |
| 10 SOL | $1,895.45 | Today at 11:45 am |
Factors Influencing SOL's Worth
The worth of Solana is influenced by a combination of market factors, similar to other digital assets:
- Market Demand and Supply: The fundamental economic principle where increased demand and limited supply typically drive the price upward.
- Technological Developments: Advancements, upgrades, and new applications built on the Solana blockchain can enhance its utility and perceived value, attracting more users and investors.
- Overall Cryptocurrency Market Trends: The performance of the broader crypto market often impacts individual asset prices, including SOL.
- Investor Sentiment: News, regulatory changes, and general market confidence can significantly affect how investors perceive and value Solana.
For the most current valuation of Solana, it is always recommended to consult real-time data provided by reputable cryptocurrency exchanges.
