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Buy Buy Solana (SOL) in India at ₹14,785.38

Live SOL/INR Price

₹14,785.38

percent_change_icon

5.04%

Price Changes

₹745.18

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5.04%

24h Low

₹14,500.63

24h High

₹15,850.72

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INR

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SOL

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BUY

Reasons to Buy Solana (SOL)

  • It has shown a very healthy ROI of 5400X since its inception in the market.
  • Solana facilitates low-fee transactions at the same time maintaining fast processing speeds.
  • It uses Proof-of-History and Proof-of-Stake consensus algorithms.
  • It has a market capitalization of more than $42 Billion.
  • It has a maximum supply of 489 million SOL tokens.

Solana was founded in 2017 and was able to raise a massive $25 million in its ICO (Initial Coin Offering). The platform was launched later in 2020.

It started with the aim of providing power to a large number of DApps without compromising on other features. Solana is a highly secure platform that allows developers to build atop their blockchain. With high TPS and low block time, it attracted the interest of small-time traders and institutional traders. Solana also enjoys a mixture of consensus algorithms to improve the scalability of the network. SOL, the gas token of Solana, is used to power all the transactions and smart contract operations on the network.

Things to consider before buying Solana (SOL)

  • Solana can process more than 50,000 transactions per second (TPS).
  • It is a very distributed blockchain with close to 1000 validators on its network.
  • Users can also earn SOL tokens by supporting the security of the network through staking.

Highlight

Solana is a highly secure platform that allows developers to build atop their blockchain.

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Solana Price Statistics

SOL Price Today

SOL Price

14,785.38

Price Change 24h

percent_change_icon

5.04%

Price Change 7d

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1.01%

Market Rank

#5

Market Cap

₹6,41,003 Cr.

Trade Vol 24h

36,532 Cr

Circulating Supply

45 Cr. SOL

Trading Activity

68% Buy32% Sell

FAQ's

1. How Can I Buy Solana In India?

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CoinSwitch App is the easiest and most convenient way to buy Solana in India. Sign up now and you can start investing with ₹100 

2. Can I Buy Solana Directly?

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You can buy Solana through the P2P (Peer to Peer) trade. Several Decentralized Exchanges or DEX allow connect buyers and sellers to purchase cryptos; else, you can look for someone who already owns SOL. However, such ways might look very lucrative, but they aren’t. Decentralized exchanges have complex functionality, and to take the P2P route, you would require a trusted seller. This is why these are opted only by Pro traders.

For an easy and simplified experience, you can Download the CoinSwitch App!

3. How to Buy Solana Stock?

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You can buy Solana in just 4 stages on CoinSwitch:

  1. Open the CoinSwitch App, click on the Market tab from the bottom navigation, and select Solana.
  2. Click ‘Buy’.
  3. Enter the figure you would like to buy Solana for and click ‘Preview Buy’
  4. Confirm all the details of your order and proceed by clicking ‘Buy.’ 

 Congratulations, you just bought your first Solana!

4. What Price To Buy Solana (SOL)?

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There is no answer to this question as a majority of cryptos are still in the development stage. The prices can surely rise in the coming years, and you will regret not buying it at low prices.

Instead, you can invest little amounts periodically and balance the opportunity and risk. Start

investing in Solana for as low as ₹100

5. What Time To Buy Solana?

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There isn’t a good time to invest in assets because the value of assets increases over time. If you look for the opportunity to buy at lower prices, you may be missing the opportunity of gaining returns around this time. 

You can start with small amounts and use them over a period of time. However, you can always choose to invest a lump sum amount when Solana (SOL) is available at lower prices.

6. What Platform To Buy Solana (SOL)?

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There are dozens of platforms available on the Internet for buying Solana (SOL), but what differs is the experience and interface that allows for easy investments in the long run.

The crypto apps that are available in the market are complex to use and can make your buying experience horrible; however, CoinSwitch App provides complete peace of mind by allowing you to buy crypto with ease.

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Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.