Bubble
Solana SOL
Solana (SOL) was trading at $77.37, ranked #7 by market cap at $45.09B, with 24h volume of $1.49B.
Data snapshot: 2026-07-22 18:00 UTC.
Solana is a high-throughput layer-1 blockchain launched in 2020, built around a proof-of-history mechanism that lets it process thousands of transactions per second at low cost. It has become one of the most active chains for DeFi, NFTs and consumer crypto apps, prized for its speed and low fees compared with older networks. Solana runs as a single high-throughput chain rather than splitting execution across rollups, which makes block space cheap and has pulled in a large share of retail trading activity — memecoin launches, on-chain order books and consumer apps. That has a visible effect on this map: when Solana-based tokens run, a cluster of small bubbles in the meme and DEX groups turns green together, and SOL usually leads it. The trade-off has been reliability, with several network outages in its history. For context, comparing SOL against other Layer 1 chains shows the size difference, while comparing it against the tokens in its own ecosystem shows whether a move is chain-specific.
Why do Solana ecosystem tokens often move together?
Much of the activity on Solana is retail trading concentrated in a handful of applications. When flows into the chain rise, tokens across its DEX and memecoin clusters tend to move at the same time, which appears as a group of bubbles changing colour together.
What makes Solana transactions cheap?
It processes transactions on one high-throughput chain with parallel execution rather than settling through rollups, so fees per transaction stay very low. The cost is higher hardware requirements for validators.
Has Solana had outages?
Yes, the network has halted several times in its history and required coordinated restarts. That is a genuine risk factor and is worth weighing alongside throughput and fee figures.
Is SOL's bubble bigger than Ethereum's?
No. Both are among the largest assets on the map, but Ethereum's market capitalisation has been substantially larger, so its bubble is drawn wider. The live figures above show the current gap.
Market cap decides how big a bubble is drawn, so rank is what places SOL on the map relative to the rest of its sector.
| Rank | Coin | Market cap |
|---|---|---|
| #2 | Ethereum (ETH) | $231.70B |
| #6 | XRP (XRP) | $70.85B |
| #7 | Solana (SOL) | $45.09B |
| #8 | TRON (TRX) | $31.20B |
| #17 | Canton (CC) | $4.89B |