Solana (SOL/USD) Price

    Trading Conditions

    Symbol SOLUSD
    Name Solana vs US Dollar
    Quote Currency USD
    Trading Hours 24/7
    Spread As Low as (Quote currency) 0.007
    Commission No
    Contract Size (Per Lot) 10 SOL
    Minimum Contract Size (Lot) 0.01
    Minimum Step Size (Lot) 0.01
    Leverage Up To 1:100
    Limit and Stop Level  0
    Execution Market
    Trading Platform MT5, Mobile App, WebTrader
    Sector Crypto

    Why Trade with Baxia

    ZERO Deposit Fees

    Choose from multiple (15+) deposit options such as Skrill, Neteller, Visa/Mastercard, Crypto, Local Bank and others with zero fees.


    Global Market Access

    Trade CFD's (1000+) on a wide range of instruments including Forex, Shares, Commodities, Indices, Precious Metals, Cryptocurrency and Energy.


    6 Ways to Trade

    Trade when you want and anywhere at your convenience with Windows OS, MacOS, iOS, Android, WebTrader and even Linux.


    Sub 30ms Latency Trading

    Trades are executed through liquidity engines in LD4 and access servers in Asia, Europe and Africa.


    €20,000 Protection per Claim

    Clients are protected by the independent Financial Commission's Compensation Fund.


    24/5 Unparalleled Service

    Knowledgable and prompt service available on Live Chat, Email, Phone, Whatsapp and Telegram.


    Select Your Platform

    Choose from multiple trading options based on your preference of order types, indicators, charting tools, style of trading and operating environment.

    Solana: A Leap in Blockchain Scalability

    In the ever-evolving realm of blockchain, speed, scalability, and security are paramount. Among the new generation of blockchains addressing these issues, Solana stands out with its ultra-high-speed capabilities. With its native token, SOL, Solana has rapidly climbed the ranks in the crypto market and has subsequently emerged as a significant player in the Contract for Difference (CFD) trading ecosystem. In this post, we’ll delve into the world of Solana, offering insights into its unique features and its potential allure for CFD traders.

    Conceived in 2017 and launched in March 2020.

    Solana’s primary vision revolves around delivering a high-performance blockchain without sacrificing decentralization or security.

    SOLUSD - Solana Vs US Dollar - Crypto Trading - BAXIA

    Solana's Distinctive Features

    Proof of History (PoH)

    Solana's unique consensus mechanism, PoH, enables it to create a historical record that proves that an event has occurred at a specific moment in time. This drastically reduces the time needed to validate and verify transactions.

    High Throughput

    Solana boasts an impressive capability of processing over 50,000 transactions per second (TPS), making it one of the fastest blockchains in existence.

    Low Transaction Costs

    Despite its high-speed nature, Solana maintains a low transaction cost, making it attractive for developers and users alike.

    SOL Token

    Serving as the native cryptocurrency of the Solana network, SOL is used for transaction fees and staking within its consensus mechanism.

    Thriving Ecosystem

    Solana has fostered a bustling ecosystem encompassing DeFi projects, NFT platforms, and other decentralized applications.

    Solana (SOL) in the CFD Trading Arena

    Given its robust infrastructure and rapid adoption rate, SOL has established a substantial footprint in the CFD trading sphere. Traders keep an eye on:

    1. Ecosystem Growth: As Solana’s ecosystem expands and attracts more projects, the value proposition of SOL can oscillate, presenting CFD trading opportunities.

    2. Network Updates: Important upgrades or enhancements to the Solana protocol can act as catalysts, influencing SOL’s price dynamics in the CFD market.

    3. Market Sentiment: Given Solana’s position as a competitor to established platforms like Ethereum, market sentiment and comparative analysis can play pivotal roles in shaping SOL’s trading patterns.

    In Summary

    Solana, with its pioneering approach to blockchain scalability and speed, represents a quantum leap in the realm of decentralized platforms. By melding cutting-edge technology with user-centric features, it holds immense promise for the future of dApps, DeFi, and beyond. For those navigating the turbulent waters of CFD trading, Solana and its SOL token provide a harmonious blend of innovation, market dynamism, and speculative promise.

    Start trading SOL/USD crypto CFD now!

    Frequently asked questions

    What's the difference between buying Solana on an exchange and trading SOL/USD crypto CFDs?

    Buying Solana on an exchange means you own the actual tokens and need a wallet. With CFDs, you’re speculating on price without actual ownership, eliminating the need for wallets.

    How does Solana's performance impact SOL/USD crypto CFDs?

    The value of SOL/USD CFDs is directly influenced by Solana’s market performance, technological advancements, and overall adoption within the crypto community.

    How do global events impact SOL/USD crypto CFD pricing?

    Regulatory changes, tech developments, global economic shifts, and other major news can influence SOL/USD crypto CFD prices.

    Can I short the SOL/USD crypto CFD?

    Yes, trading CFDs allows you to take positions in both rising and falling markets. You can go short if you anticipate a price decrease.

    How can I start trading SOL/USD crypto CFDs?

    Begin by choosing a reputable broker that offers SOL/USD as a tradable CFD, such as Baxia Markets. After registration, deposit funds, and you can start trading.

    How do global events impact SOL/USD crypto CFD pricing?

    Regulatory changes, tech developments, global economic shifts, and other major news can influence SOL/USD crypto CFD prices.

    How do I manage risks in SOL/USD crypto CFD trading?

    Employ strategies like setting stop-loss and take-profit levels. Always stay informed and avoid impulsive decisions.

    Get more tools and resources for trading with Baxia Markets

    Beginner or Advanced? View our full suite of tools and resources to help traders of all levels.

    Forex Full Course

    Get started quickly with our free forex trading course for beginners to level up on your trading knowledge.

    Forex Calculators

    Evaluate your risk, monitor profit or loss for each trade & estimate trading costs with our full suite of calculators.

    Economic Calendar

    Follow high impact news and events for the financial markets including the latest economic data.

    Market Research

    Stay up to date with the latest fundamental and technical analysis from the Baxia Markets Analyst team.

    Help Center

    Find answers to common questions and topics related to trading with Baxia Markets and the trading platforms.

    Education Center

    View our collection of free educational resources to help you become a profitable trader and learn risk management.

    More Trading Opportunities

    More than 1000 CFD instruments to trade on multiple asset classes with one broker.


    Precious Metals

    Crypto CFDs