Keep SOL secured on Nexo, backed by regulated custody infrastructure, until your next move.
Exchange into 100+ other digital assets and receive crypto cashback on your swaps.
Borrow funds from 1.9% annual interest without selling any of your Solana, using a Nexo Credit Line.
Grow your holdings with up to 8% annual interest through Flexible and Fixed-term Savings.
Spend your Solana with the Nexo Card and earn up to 2% crypto cashback.
Transfer Solana to any wallet worldwide seamlessly.
BTCBitcoin
ETHEthereum
NEXONEXO Token
USDTTether
USDCUSD Coin
DOTPolkadot
XRPXRP
SOLSolanaSolana reached an all-time high of $259.96 on November 6, 2021, during the broader crypto market cycle of that year. SOL subsequently declined alongside the wider market through 2022, falling below $10 following the collapse of FTX, one of its largest ecosystem backers. Solana recovered through 2023–2025, driven by renewed network activity, growing DeFi adoption, and the launch of spot Solana ETFs in the United States. Cryptocurrency prices are highly volatile, and past price levels are not indicative of future performance.
Solana's price is shaped by a combination of factors, including overall cryptocurrency market conditions, Bitcoin's price movements, network activity and transaction volume on the Solana blockchain, the growth of Solana-based DeFi and consumer applications, SOL ETF inflows and outflows, Solana's ongoing inflation rate and staking participation, regulatory developments, and broader macroeconomic conditions such as interest rates and global risk sentiment. Like all cryptocurrencies, SOL is subject to significant price volatility. The factors listed above are for informational context only and should not be interpreted as price predictions. Nexo does not provide investment advice or price forecasts.
No. Unlike Bitcoin (21 million cap) or XRP (100 billion fixed supply), Solana does not have a maximum supply. SOL follows a disinflationary schedule: new tokens are created as staking rewards, with the inflation rate starting at 8% annually at launch and decreasing by 15% each year until it reaches a long-term floor of 1.5%. A portion of transaction fees on the network is burned (permanently removed from circulation), which partially offsets new token issuance. As of 2026, the effective inflation rate is approximately 4.6%. The interaction between staking rewards, inflation, and fee burns directly affects SOL's circulating supply and market capitalization over time.
You can buy SOL on Nexo using a credit card, debit card, or bank transfer. Once purchased, your SOL is available in your Nexo account, where you can hold it, exchange it for other digital assets, earn interest through Savings products, or use it as collateral for a Credit Line. Product availability on Nexo may vary by jurisdiction.
