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    Wrapped Solana

    Wrapped Solana priceSOL

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    Wrapped Solana price calculator

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    SOL
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    1 SOL = 134.18 USD
    Last updated 2024-07-01 17:05:25(UTC-0)
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    Wrapped Solana price live data summary

    The live price of Wrapped Solana is $134.18 per (SOL / USD) today with a current market cap of $165.62M USD. The 24-hour trading volume is $1.10B 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 1,234,313.6 .

    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

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    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 $192.69 in 2025.

    What will the price of SOL be in 2030?

    In 2030, the SOL price is expected to rise by +1.00%. By the end of 2030, the SOL price is projected to reach $445.91, with a cumulative ROI of +232.32%.
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    Wrapped Solana price performance in USD

    24h7d30d90d1yAll-time
    -1.89%-8.63%-24.06%-22.11%+692.35%--
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    Wrapped Solana price history in USD

    TimeLowHigh
    24h$132.78$140.79
    7d$131.14$151.25
    30d$131.14$182.35
    90d$119.57$204.02
    1y$15.76$1,570.08
    All-time$8.21(2022-12-29, 1 years ago )$1,570.08(2024-01-01, 183 days ago )
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    Wrapped Solana market information

    Market cap
    $165,621,020.2
    -1.89%
    Fully diluted market cap
    $165,621,020.2
    -1.89%
    Volume (24h)
    $1,096,356,374.17
    +4.80%
    Market rankings
    Circulation rate
    +100.00%
    24h volume / market cap
    6.6196
    Circulating supply
    1,234,313.6 SOL
    Total supply / Max supply
    1,234,313.6 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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    Use a variety of payment options to buy Wrapped Solana on Bitget. We'll show you how.

    Trade SOL perpetual futures

    After having successfully signed up on Bitget and purchased USDT or SOL tokens, you can start trading derivatives, including SOL futures and margin trading to increase your income.

    The current price of SOL is $134.18, with a 24h price change of -1.89%. Traders can profit by either going long or short onSOL futures.

    Join SOL copy trading by following elite traders.

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

    Wrapped Solana news

    See more
    21.co Analyst: Solana's liquidity pledge rate has risen to 6.58%, a quarter-on-quarter increase of 1.76% in Q2

    21.co Analyst: Solana's liquidity pledge rate has risen to 6.58%, a quarter-on-quarter increase of 1.76% in Q2

    Bitget2024-07-01 14:48
    Roaring Kitty swipes 6.6% of Chewy, clarifies he is ‘Not a Cat’

    Roaring Kitty swipes 6.6% of Chewy, clarifies he is ‘Not a Cat’

    Cointelegraph2024-07-01 14:07
    Vitalik Buterin proposes faster Ethereum trades with single-slot finality

    Vitalik Buterin proposes faster Ethereum trades with single-slot finality

    Cointelegraph2024-07-01 13:14
    GSR: Will the Solana ETF go through? What is the potential impact on price?

    GSR: Will the Solana ETF go through? What is the potential impact on price?

    Odaily2024-07-01 13:11
    One-week financing express | 20 projects received investment, with a total disclosed financing amount of approximately US$288 million (June 24-June 3

    One-week financing express | 20 projects received investment, with a total disclosed financing amount of approximately US$288 million (June 24-June 3

    Odaily2024-07-01 13:11

    FAQ

    What is the current price of Wrapped Solana?
    We update our Wrapped Solana to USD price in real time. Get the live Price of Wrapped Solana on Bitget.
    What is the 24 hour trading volume of Wrapped Solana?
    Over the last 24 hours, the trading volume of Wrapped Solana is $1.10B.
    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 Solana 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?
    We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.
    Buy Wrapped Solana for 1 USD
    A welcome pack worth 1000 USDT for new Bitgetters!
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    Cryptocurrency investments, including buying Wrapped Solana online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Wrapped Solana, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Wrapped Solana purchase. This page and any information included are not an endorsement of any particular cryptocurrency.

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    BiBiBi_
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    insight491/500
    64.34%
    ROI
    Total profit $11,149.23
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    insight849/1300
    579.32%
    ROI
    Total profit $4,180.35

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