Solana price AUD (SOL)

Solana price chart

The below Solana price chart tracks the price of Solana against AUD over time. The rate shown is indicative only as actual buy / sell rates depend on market liquidity and fees at the time of quotation.

Market cap


Volume 24hr



464.3M SOL

What is Solana?

✓Layer-1 blockchain ✓High performance ✓Scalability

Solana, a high-performance Layer 1 blockchain, was officially launched in March 2020 by the Solana Foundation based in Geneva, Switzerland. Solana stands out for its incredible speed and efficiency, facilitating the development of decentralised applications and smart contracts. It leverages the innovative Proof-of-History (PoH) and Proof-of-Stake (PoS) consensus mechanisms to achieve higher transaction throughput while maintaining decentralisation and security. The Solana protocol has attracted interest from both retail and institutional traders, and its focus on scalability makes it a popular choice for developers looking to build high-performance dApps.

How do I buy Solana?

  1. Deposit funds into your Cointree account using our fast and convenient options.
  2. Enter the amount of Solana that you would like to buy.
  3. Confirm your purchase and Solana will be instantly delivered to your Cointree account.

Don't have an account? Click here to get started

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Common Solana questions

Everything you need to know to get started buying Solana today.

How do I buy and sell Solana (SOL)?

You can easily buy and sell Solana (SOL) on a cryptocurrency exchange like [Cointree](/home/). All you have to do to get started is sign up to the exchange, verify your account, make a bank transfer to deposit funds or use one of our many other payment methods, and you're ready to make your first Solana purchase.

Why is Cointree the best place to buy Solana (SOL)?

Solana trading is popular in Cointree because we offer the best current price, low fees, and a safe and secure trading platform. Firstly, we are constantly updating our prices to match the current market demand so that you can quickly make informed crypto trades. You can also quickly check the market cap on each crypto page. Secondly, compared to some other exchanges, we provide low trading fees so you can get the most [crypto](/trade/cryptocurrencies/) for every Australian dollar you invest. This is true for every crypto we offer, including bitcoin and Ethereum. Finally, security is paramount within our organisation and we take a number of steps above and beyond the industry best practices to ensure that your crypto is protected at all times.

What are my payment options to buy Solana?

You can buy SOL after you deposit money into your account. Simply make a bank transfer using mobile banking, online banking or PayID. Then the banks send the funds to your account and you can begin buying Solana. What's the best payment option? PayID is the fastest way to add money to your account. It's easier than using a debit card and is instantaneous. You can make your first purchase in minutes.

Where do I store my SOL tokens?

You can store your SOL tokens in your free multi-coin wallet on Cointree. When you create an account, you'll receive a multi-coin wallet that can store any cryptocurrency supported on the Cointree platform. Alternatively, you can also send your SOL to a hardware wallet, such as a Ledger. You can enter the address and send it directly from your wallet on Cointree.

How fast is the Solana blockchain?

Currently, Solana is producing 400 millisecond block times, but this speed will continue to improve as the hardware that validators use improves. "The speed of light is how fast we can make this network go," says Solana's founder Anatoly Yakovenko. This high-performance speed is possible as the validators follow a calculation based on data already on the blockchain to determine a schedule for adding blocks. Instead of validators having to communicate with each other, the calculation determines the next block leader, allowing the network to process new blocks much faster than other blockchains. Importantly, blocks from validators are then only accepted if they follow the schedule, which is enforced with their proof-of-history consensus mechanism.

What is proof-of-history?

It's what makes Solana a high performance blockchain. It uses cryptography to create a synchronized clock across the network. By enabling a timestamp for every transaction, it stops validators and bots from ordering a transaction for their own benefit, a problem that other blockchains face as miners front-run transactions. It's important to note that the history mechanism doesn't replace Solana's proof-of-stake [consensus mechanism](/learn/proof-of-work-vs-proof-of-stake/). Instead, it links together to make the proof-of-stake system more powerful. As you may know, a consensus mechanism is a process for verifying new transactions on the network and is how everyone in a decentralised crypto network can agree on who owns what crypto. Common cryptocurrency examples are Bitcoin's proof-of-work consensus mechanism and Ethereum's proof-of-stake mechanism. While proof-of-stake makes sure validators are honest, proof-of-history makes sure they're fast. Solana uses both to produce a high-performance decentralised cryptocurrency.

Buy Solana (SOL)

Use the price calculator below to enter the amount of AUD you want to buy in Solana. You can also switch to convert SOL to AUD.


Why is Cointree the best place to buy Solana in Australia?

Easy and convenient

Easily deposit Australian dollars using a convenient method such as PayId/OSKO and then simply follow our step-by-step instructions to make your first purchase of Solana.

Fast and transparent

Buy Solana in Australia within minutes. Our low fees are backed up with transparent quotes, so you can buy more Solana with every dollar invested.

Safe and secure

Buy Solana with confidence knowing that you're using an AUSTRAC regulated Australian exchange that's been operating since 2013 and is protected with bank-level encryption.

Made for you

An intuitive platform built for our members, featuring 100’s of coins and thousands of trading pairs. Plus, tracking of your portfolio performance can be done with ease.

What can you do with your Solana?

Deposit Solana

Easily transfer Solana from any other Solana wallet into your Cointree account and you're ready to trade anytime.

Hold Solana

Many members buy and hold their Solana as a long-term investment. You can hold your Solana in your free multicoin wallet on Cointree or transfer it to a private wallet.

Trade Solana

You can instantly trade any portion of your Solana for any other digital currency within just a few clicks, and at the lowest rates in Australia.

Send Solana

When you buy Solana in Australia with Cointree, you can quickly and easily send your Solana to any other Solana wallet.

Spend Solana

You can spend Solana purchased in Australia when you’re online shopping or in physical stores. More and more Australian businesses are accepting Solana every day.

Learn About Solana

Cointree provides a comprehensive [learning hub](/learn/) to turn you from a beginner buying their first Solana, to an expert holding a diversified portfolio of cryptocurrencies.

Buy in just a few minutes

Start with as little as AUD $25 and deposit instantly with your bank account.