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Convert and Swap Solana SOL to Hong Kong Dollar HKD

SOL/HKD: 1 Solana equals HK$1,661.01 HKD

Last update: 1:37 PM, November 15, 2024

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Solana is climbing this week.

The current price of Solana is HK$1,661.01 per SOL. With a circulating supply of 472,085,516.667 SOL, it means that Solana has a total market cap of HK$786,545,075,902.12. The amount of Solana traded has fallen by HK$20,639,931,205.86 in the last 24 hours, which is a 39.94% decrease. Additionally, in the last day, HK$51,677,624,760.45 worth of SOL has been traded.

HK$786.5B
HK$51.7B
472.1M 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 Hong Kong Dollar differ

Solana (SOL) and the Hong Kong Dollar (HKD) are fundamentally different in their nature and functionality. Solana is a decentralized, open-source blockchain platform that aims to facilitate the creation of decentralized applications (DApps) and enhance the accessibility of decentralized finance (DeFi). It operates on a unique combination of proof-of-history (PoH) and proof-of-stake (PoS) consensus mechanisms, which strive to ensure scalability, fast processing, and low transaction costs. On the other hand, the Hong Kong Dollar is a traditional, centralized fiat currency issued by the Hong Kong Monetary Authority. It is regulated by a central authority, used for physical transactions, and its value is influenced by economic factors such as inflation, interest rates, and government policies. Unlike Solana, the Hong Kong Dollar does not utilize blockchain technology, nor does it aim to facilitate the creation of DApps or enhance the accessibility of DeFi.

Frequently asked questions

How much is 1 Solana in HKD?

Right now, 1 Solana is worth about HK$1,661.01.

How much SOL could I buy for 1 HKD?

Based on the current rate, you could get 0.000602 SOL for 1 HKD.

How much has the price of Solana changed?

Solana price has been declining. Since yesterday, the exchange rate of Solana has decreased. 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 HKD?

You can use our SOL to HKD calculator at the top of this page to convert any amount of SOL to HKD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 HKD is equivalent to 0.003 SOL. Inversely, 5 SOL will cost about HK$8,305.05

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 Hong Kong Dollar conversion tables

The exchange rate of Solana is decreasing.

The current value of 1 SOL is HK$1,661.01 HKD. In other words, to buy 5 Solana, it would cost you HK$8,305.05 HKD. Inversely, HK$1.00 HKD would allow you to trade for 0.000602 SOL while HK$50.00 HKD would convert to 0.030102 SOL, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 4.39%. Meanwhile, in the last 24 hours, the rate has changed by 0.98%, which means that the the highest exchange rate of 1 SOL to Hong Kong Dollar was HK$1,696.39 HKD and the lowest 24 hour value was 1 SOL for HK$1,592.03 HKD. This time last month, the value of 1 SOL was HK$1,231.14 HKD, which is a 34.75% decrease from where it is now. Looking back a year, Solana has changed by HK$511.29 HKD.

SOL to HKD performance history

Price 24H ago
Change 24H
Price 1W ago
Change 1W
Price 1M ago
Change 1M
Price 1Y ago
Change 1Y
HK$1,680.34 HKD
-0.98%
HK$1,592.21 HKD
4.39%
HK$1,231.14 HKD
34.75%
HK$511.29 HKD
220.01%

SOL to HKD

Amount
Today at 1:37 pm
0.5 SOL
HK$830.51
1 SOL
HK$1,661.01
5 SOL
HK$8,305.05
10 SOL
HK$16,610.10
50 SOL
HK$83,050.51
100 SOL
HK$166,101.01
500 SOL
HK$830,505.07
1,000 SOL
HK$1,661,010.15

HKD to SOL

Amount
Today at 1:37 pm
0.5 HKD
0.000301 SOL
1 HKD
0.000602 SOL
5 HKD
0.0030 SOL
10 HKD
0.0060 SOL
50 HKD
0.0301 SOL
100 HKD
0.0602 SOL
500 HKD
0.30 SOL
1,000 HKD
0.60 SOL

Today vs. 24 hours ago

Amount
Today at 1:37 pm
24 hours ago
24H Change
0.5 SOL
HK$830.51
HK$837.15
-0.79%
1 SOL
HK$1,661.01
HK$1,674.31
-0.79%
5 SOL
HK$8,305.05
HK$8,371.55
-0.79%
10 SOL
HK$16,610.10
HK$16,743.10
-0.79%
50 SOL
HK$83,050.51
HK$83,715.49
-0.79%
100 SOL
HK$166,101.01
HK$167,430.97
-0.79%
500 SOL
HK$830,505.07
HK$837,154.85
-0.79%
1,000 SOL
HK$1,661,010.15
HK$1,674,309.71
-0.79%

Today vs. 1 month ago

Amount
Today at 1:37 pm
1 months ago
1M Change
0.5 SOL
HK$830.51
HK$614.57
+35.14%
1 SOL
HK$1,661.01
HK$1,229.14
+35.14%
5 SOL
HK$8,305.05
HK$6,145.71
+35.14%
10 SOL
HK$16,610.10
HK$12,291.43
+35.14%
50 SOL
HK$83,050.51
HK$61,457.14
+35.14%
100 SOL
HK$166,101.01
HK$122,914.29
+35.14%
500 SOL
HK$830,505.07
HK$614,571.43
+35.14%
1,000 SOL
HK$1,661,010.15
HK$1,229,142.86
+35.14%

Today vs. 1 year ago

Amount
Today at 1:37 pm
1 year ago
1Y Change
0.5 SOL
HK$830.51
HK$253.93
+227.06%
1 SOL
HK$1,661.01
HK$507.86
+227.06%
5 SOL
HK$8,305.05
HK$2,539.32
+227.06%
10 SOL
HK$16,610.10
HK$5,078.65
+227.06%
50 SOL
HK$83,050.51
HK$25,393.24
+227.06%
100 SOL
HK$166,101.01
HK$50,786.48
+227.06%
500 SOL
HK$830,505.07
HK$253,932.38
+227.06%
1,000 SOL
HK$1,661,010.15
HK$507,864.77
+227.06%

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