Convert and Swap Solana SOL to Swiss Franc CHF
SOL/CHF: 1 Solana equals CHF 164.01 CHF
Last update: 6:20 AM, December 23, 2024
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Solana is falling this week.
The current price of Solana is CHF 164.01 per SOL. With a circulating supply of 479,342,634.513 SOL, it means that Solana has a total market cap of CHF 78,199,925,213.95. The amount of Solana traded has fallen by CHF 898,261,647.51 in the last 24 hours, which is a 23.68% decrease. Additionally, in the last day, CHF 3,792,791,203.10 worth of SOL has been traded.
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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 Swiss Franc differ
Solana (SOL) and the Swiss Franc (CHF) are two distinct entities operating in different realms of finance. Solana, a decentralized open-source project launched in 2020, aims to enhance the world of decentralized finance (DeFi) by facilitating the creation of decentralized applications (DApps). It operates on a unique combination of proof-of-history (PoH) and proof-of-stake (PoS) consensus mechanisms, striving to offer low transaction costs, scalability, and fast processing. On the other hand, the Swiss Franc is a traditional fiat currency, regulated by the Swiss National Bank, and used as the legal tender in Switzerland and Liechtenstein. Unlike Solana, the Swiss Franc's value is influenced by economic indicators, government policies, and market demand. While Solana seeks to make DeFi more accessible on a larger scale, the Swiss Franc serves as a stable and reliable medium of exchange, store of value, and unit of account in its respective jurisdictions.
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The exchange rate of Solana is increasing.
The current value of 1 SOL is CHF 164.01 CHF. In other words, to buy 5 Solana, it would cost you CHF 820.05 CHF. Inversely, CHF 1.00 CHF would allow you to trade for 0.0061 SOL while CHF 50.00 CHF would convert to 0.3049 SOL, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 17.32%. Meanwhile, in the last 24 hours, the rate has changed by 0.51%, and that the the highest exchange rate of 1 SOL to Swiss Franc was CHF 167.71 CHF and the lowest 24 hour value was 1 SOL for CHF 157.59 CHF. This time last month, the value of 1 SOL was CHF 231.14 CHF, which is a 28.91% increase from where it is now. Looking back a year, Solana has changed by CHF 92.40 CHF.
SOL to CHF performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
CHF 162.12 CHF | 0.51% | CHF 198.20 CHF | -17.32% | CHF 231.14 CHF | -28.91% | CHF 92.40 CHF | 67.04% |
SOL to CHF
Amount | Today at 6:20 am |
|---|---|
0.5 SOL | CHF 82.00 |
1 SOL | CHF 164.01 |
5 SOL | CHF 820.05 |
10 SOL | CHF 1,640.09 |
50 SOL | CHF 8,200.46 |
100 SOL | CHF 16,400.91 |
500 SOL | CHF 82,004.57 |
1,000 SOL | CHF 164,009.15 |
CHF to SOL
Amount | Today at 6:20 am |
|---|---|
0.5 CHF | 0.0030 SOL |
1 CHF | 0.0061 SOL |
5 CHF | 0.0305 SOL |
10 CHF | 0.0610 SOL |
50 CHF | 0.30 SOL |
100 CHF | 0.61 SOL |
500 CHF | 3.05 SOL |
1,000 CHF | 6.10 SOL |
Today vs. 24 hours ago
Amount | Today at 6:20 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 SOL | CHF 82.00 | CHF 81.27 | +0.90% |
1 SOL | CHF 164.01 | CHF 162.54 | +0.90% |
5 SOL | CHF 820.05 | CHF 812.70 | +0.90% |
10 SOL | CHF 1,640.09 | CHF 1,625.40 | +0.90% |
50 SOL | CHF 8,200.46 | CHF 8,127.01 | +0.90% |
100 SOL | CHF 16,400.91 | CHF 16,254.02 | +0.90% |
500 SOL | CHF 82,004.57 | CHF 81,270.09 | +0.90% |
1,000 SOL | CHF 164,009.15 | CHF 162,540.18 | +0.90% |
Today vs. 1 month ago
Amount | Today at 6:20 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 SOL | CHF 82.00 | CHF 115.81 | -29.19% |
1 SOL | CHF 164.01 | CHF 231.61 | -29.19% |
5 SOL | CHF 820.05 | CHF 1,158.06 | -29.19% |
10 SOL | CHF 1,640.09 | CHF 2,316.13 | -29.19% |
50 SOL | CHF 8,200.46 | CHF 11,580.65 | -29.19% |
100 SOL | CHF 16,400.91 | CHF 23,161.29 | -29.19% |
500 SOL | CHF 82,004.57 | CHF 115,806.46 | -29.19% |
1,000 SOL | CHF 164,009.15 | CHF 231,612.93 | -29.19% |
Today vs. 1 year ago
Amount | Today at 6:20 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 SOL | CHF 82.00 | CHF 48.35 | +69.60% |
1 SOL | CHF 164.01 | CHF 96.70 | +69.60% |
5 SOL | CHF 820.05 | CHF 483.50 | +69.60% |
10 SOL | CHF 1,640.09 | CHF 967.01 | +69.60% |
50 SOL | CHF 8,200.46 | CHF 4,835.05 | +69.60% |
100 SOL | CHF 16,400.91 | CHF 9,670.09 | +69.60% |
500 SOL | CHF 82,004.57 | CHF 48,350.47 | +69.60% |
1,000 SOL | CHF 164,009.15 | CHF 96,700.95 | +69.60% |
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