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Convert and Swap Solana SOL to United Arab Emirates Dirham AED

SOL/AED: 1 Solana equals AED 810.22 AED

Last update: 3:38 AM, November 16, 2024

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Solana is climbing this week.

The current price of Solana is AED 810.22 per SOL. With a circulating supply of 472,001,458.411 SOL, it means that Solana has a total market cap of AED 382,342,997,090.62. The amount of Solana traded has fallen by AED 5,749,314,604.22 in the last 24 hours, which is a 26.96% decrease. Additionally, in the last day, AED 21,328,571,817.18 worth of SOL has been traded.

AED 382.3B
AED 21.3B
472M SOL

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About Solana

Solana is a decentralized computing platform that uses SOL to pay for transactions. Solana aims to improve blockchain scalability by using a combination of proof of stake consensus and so-called proof of history. As a result, Solana claims to be able to support 50,000 transactions per second without sacrificing decentralization.

Solana (SOL) is an open-source project that leverages the decentralized nature of blockchain technology to provide solutions for decentralized finance (DeFi). Launched in March 2020 by the Solana Foundation, based in Geneva, Switzerland, Solana aims to facilitate the creation of decentralized applications (DApps). The Solana protocol is designed to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain. This innovative hybrid consensus model has garnered interest from a diverse range of traders. A key focus for the Solana Foundation is to make decentralized finance more accessible on a larger scale.

Solana operates using a unique combination of proof-of-history (PoH) and proof-of-stake (PoS) consensus mechanisms. The proof-of-history is the main component of the Solana protocol, responsible for the majority of transaction processing. PoH records successful operations and the time that has passed between them, thus ensuring the trustless nature of the blockchain. The proof-of-stake (PoS) consensus is used as a monitoring tool for the PoH processes, validating each sequence of blocks produced by it. This combination of two consensus mechanisms makes Solana a unique phenomenon in the blockchain industry. Solana's protocol is designed to serve both small-time users and enterprise customers alike, promising low transaction costs while still guaranteeing scalability and fast processing.

Solana's potential use cases span across various sectors, with a significant focus on decentralized finance (DeFi). By facilitating the creation of decentralized applications (DApps), Solana aims to make DeFi more accessible on a larger scale. Its hybrid consensus model allows for decreased validation times for both transaction and smart contract execution, making it attractive for institutional interest. Furthermore, Solana's protocol is designed to have low transaction costs while still ensuring scalability and fast processing, making it suitable for both small-time users and enterprise customers.

The idea and initial work on Solana began in 2017, but it was officially launched in March 2020 by the Solana Foundation, headquartered in Geneva, Switzerland. The key person behind Solana is Anatoly Yakovenko, whose professional career started at Qualcomm. In 2017, Yakovenko started working on a project which would later materialize as Solana. He teamed up with his Qualcomm colleague Greg Fitzgerald, and they founded a project called Solana Labs. Attracting several more former Qualcomm colleagues in the process, the Solana protocol and SOL token were released to the public in 2020. One of the essential innovations Solana brings to the table is the proof-of-history (PoH) consensus developed by Anatoly Yakovenko. This concept allows for greater scalability of the protocol, which in turn boosts usability.

How Solana and United Arab Emirates Dirham differ

Solana (SOL) and the United Arab Emirates Dirham (AED) are two distinct forms of currency, each with their unique characteristics. Solana is a digital asset that operates on blockchain technology, aiming to facilitate the creation of decentralized applications (DApps) and make decentralized finance more accessible on a larger scale. It uses a unique combination of proof-of-history (PoH) and proof-of-stake (PoS) consensus mechanisms to ensure trustless, scalable, and fast transaction processing. On the other hand, the AED is the official currency of the United Arab Emirates, a traditional form of money regulated by the UAE Central Bank. Unlike Solana, the AED is a physical currency used for everyday transactions within the UAE and is subject to the monetary policies of the UAE government. While Solana seeks to decrease validation times for both transaction and smart contract execution, the AED operates within a conventional banking system with standard transaction processing times.

Frequently asked questions

How much is 1 Solana in AED?

Right now, 1 Solana is worth about AED 810.22.

How much SOL could I buy for 1 AED?

Based on the current rate, you could get 0.0012 SOL for 1 AED.

How much has the price of Solana changed?

Solana price has been on the rise. Since yesterday, the exchange rate of Solana has increased. Since last month, the exchange rate of Solana has increased. Since this time last year, the price of Solana has increased.

How do I calculate or convert SOL to AED?

You can use our SOL to AED calculator at the top of this page to convert any amount of SOL to AED. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 AED is equivalent to 0.0062 SOL. Inversely, 5 SOL will cost about AED 4,051.10

How can I buy 1 Solana on Coinbase?

Solana is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Solana.

What are assets similar to Solana that I can buy?

There are a number of crypto assets that have the a similar or comparable market cap to Solana, including Bitcoin, Ethereum, and Tether. For a more robust list of assets to explore, jump to the asset page dedicated to Solana.

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SOL to United Arab Emirates Dirham conversion tables

The exchange rate of Solana is increasing.

The current value of 1 SOL is AED 810.22 AED. In other words, to buy 5 Solana, it would cost you AED 4,051.10 AED. Inversely, AED 1.00 AED would allow you to trade for 0.0012 SOL while AED 50.00 AED would convert to 0.0617 SOL, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 10.9%. Meanwhile, in the last 24 hours, the rate has changed by 5.14%, which means that the the highest exchange rate of 1 SOL to United Arab Emirates Dirham was AED 811.38 AED and the lowest 24 hour value was 1 SOL for AED 751.39 AED. This time last month, the value of 1 SOL was AED 566.36 AED, which is a 41.74% decrease from where it is now. Looking back a year, Solana has changed by AED 212.37 AED.

SOL to AED performance history

Price 24H ago
Change 24H
Price 1W ago
Change 1W
Price 1M ago
Change 1M
Price 1Y ago
Change 1Y
AED 770.91 AED
5.14%
AED 731.32 AED
10.90%
AED 566.36 AED
41.74%
AED 212.37 AED
277.89%

SOL to AED

Amount
Today at 3:38 am
0.5 SOL
AED 405.11
1 SOL
AED 810.22
5 SOL
AED 4,051.10
10 SOL
AED 8,102.20
50 SOL
AED 40,510.99
100 SOL
AED 81,021.97
500 SOL
AED 405,109.86
1,000 SOL
AED 810,219.72

AED to SOL

Amount
Today at 3:38 am
0.5 AED
0.000617 SOL
1 AED
0.0012 SOL
5 AED
0.0062 SOL
10 AED
0.0123 SOL
50 AED
0.0617 SOL
100 AED
0.12 SOL
500 AED
0.62 SOL
1,000 AED
1.23 SOL

Today vs. 24 hours ago

Amount
Today at 3:38 am
24 hours ago
24H Change
0.5 SOL
AED 405.11
AED 385.99
+4.95%
1 SOL
AED 810.22
AED 771.98
+4.95%
5 SOL
AED 4,051.10
AED 3,859.92
+4.95%
10 SOL
AED 8,102.20
AED 7,719.84
+4.95%
50 SOL
AED 40,510.99
AED 38,599.18
+4.95%
100 SOL
AED 81,021.97
AED 77,198.36
+4.95%
500 SOL
AED 405,109.86
AED 385,991.80
+4.95%
1,000 SOL
AED 810,219.72
AED 771,983.60
+4.95%

Today vs. 1 month ago

Amount
Today at 3:38 am
1 months ago
1M Change
0.5 SOL
AED 405.11
AED 283.45
+42.92%
1 SOL
AED 810.22
AED 566.91
+42.92%
5 SOL
AED 4,051.10
AED 2,834.53
+42.92%
10 SOL
AED 8,102.20
AED 5,669.06
+42.92%
50 SOL
AED 40,510.99
AED 28,345.28
+42.92%
100 SOL
AED 81,021.97
AED 56,690.56
+42.92%
500 SOL
AED 405,109.86
AED 283,452.82
+42.92%
1,000 SOL
AED 810,219.72
AED 566,905.63
+42.92%

Today vs. 1 year ago

Amount
Today at 3:38 am
1 year ago
1Y Change
0.5 SOL
AED 405.11
AED 106.29
+281.14%
1 SOL
AED 810.22
AED 212.58
+281.14%
5 SOL
AED 4,051.10
AED 1,062.89
+281.14%
10 SOL
AED 8,102.20
AED 2,125.78
+281.14%
50 SOL
AED 40,510.99
AED 10,628.91
+281.14%
100 SOL
AED 81,021.97
AED 21,257.81
+281.14%
500 SOL
AED 405,109.86
AED 106,289.06
+281.14%
1,000 SOL
AED 810,219.72
AED 212,578.12
+281.14%

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