Convert and Swap Solana SOL to Czech Koruna CZK
SOL/CZK: 1 Solana equals CZK 4,293.70 CZK
Last update: 2:48 AM, December 23, 2024
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Solana is falling this week.
The current price of Solana is CZK 4,293.70 per SOL. With a circulating supply of 479,343,777.323 SOL, it means that Solana has a total market cap of CZK 2,058,703,853,253.12. The amount of Solana traded has fallen by CZK 24,182,396,070.98 in the last 24 hours, which is a 24.48% decrease. Additionally, in the last day, CZK 98,768,191,336.78 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 Czech Koruna differ
Solana (SOL) and the Czech Koruna (CZK) are two distinct forms of value exchange, each with its unique characteristics. Solana is a digital asset that operates on a decentralized, open-source blockchain platform. It aims to facilitate the creation of decentralized applications (DApps) and enhance the accessibility of decentralized finance (DeFi). Solana's unique combination of proof-of-history (PoH) and proof-of-stake (PoS) consensus mechanisms allows for efficient transaction processing and scalability. On the other hand, the Czech Koruna is the traditional currency of the Czech Republic, regulated by the Czech National Bank. Unlike Solana, the Czech Koruna operates within a centralized financial system and its value is influenced by factors such as inflation, interest rates, and the economic health of the Czech Republic. While Solana seeks to make DeFi more accessible on a larger scale, the Czech Koruna serves as a medium of exchange, store of value, and unit of account within the Czech Republic.
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SOL to Czech Koruna conversion tables
The exchange rate of Solana is decreasing.
The current value of 1 SOL is CZK 4,293.70 CZK. In other words, to buy 5 Solana, it would cost you CZK 21,468.52 CZK. Inversely, CZK 1.00 CZK would allow you to trade for 0.000233 SOL while CZK 50.00 CZK would convert to 0.011645 SOL, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 19.89%. Meanwhile, in the last 24 hours, the rate has changed by 1.7%, and that the the highest exchange rate of 1 SOL to Czech Koruna was CZK 4,522.24 CZK and the lowest 24 hour value was 1 SOL for CZK 4,245.83 CZK. This time last month, the value of 1 SOL was CZK 6,431.72 CZK, which is a 32.6% increase from where it is now. Looking back a year, Solana has changed by CZK 2,410.02 CZK.
SOL to CZK performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
CZK 4,375.65 CZK | -1.70% | CZK 5,290.11 CZK | -19.89% | CZK 6,431.72 CZK | -32.60% | CZK 2,410.02 CZK | 67.04% |
SOL to CZK
Amount | Today at 2:48 am |
|---|---|
0.5 SOL | CZK 2,146.85 |
1 SOL | CZK 4,293.70 |
5 SOL | CZK 21,468.52 |
10 SOL | CZK 42,937.05 |
50 SOL | CZK 214,685.24 |
100 SOL | CZK 429,370.47 |
500 SOL | CZK 2,146,852.37 |
1,000 SOL | CZK 4,293,704.74 |
CZK to SOL
Amount | Today at 2:48 am |
|---|---|
0.5 CZK | 0.000116 SOL |
1 CZK | 0.000233 SOL |
5 CZK | 0.0012 SOL |
10 CZK | 0.0023 SOL |
50 CZK | 0.0116 SOL |
100 CZK | 0.0233 SOL |
500 CZK | 0.12 SOL |
1,000 CZK | 0.23 SOL |
Today vs. 24 hours ago
Amount | Today at 2:48 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 SOL | CZK 2,146.85 | CZK 2,175.54 | -1.32% |
1 SOL | CZK 4,293.70 | CZK 4,351.08 | -1.32% |
5 SOL | CZK 21,468.52 | CZK 21,755.38 | -1.32% |
10 SOL | CZK 42,937.05 | CZK 43,510.76 | -1.32% |
50 SOL | CZK 214,685.24 | CZK 217,553.78 | -1.32% |
100 SOL | CZK 429,370.47 | CZK 435,107.55 | -1.32% |
500 SOL | CZK 2,146,852.37 | CZK 2,175,537.75 | -1.32% |
1,000 SOL | CZK 4,293,704.74 | CZK 4,351,075.50 | -1.32% |
Today vs. 1 month ago
Amount | Today at 2:48 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 SOL | CZK 2,146.85 | CZK 3,165.81 | -32.19% |
1 SOL | CZK 4,293.70 | CZK 6,331.62 | -32.19% |
5 SOL | CZK 21,468.52 | CZK 31,658.12 | -32.19% |
10 SOL | CZK 42,937.05 | CZK 63,316.25 | -32.19% |
50 SOL | CZK 214,685.24 | CZK 316,581.23 | -32.19% |
100 SOL | CZK 429,370.47 | CZK 633,162.45 | -32.19% |
500 SOL | CZK 2,146,852.37 | CZK 3,165,812.26 | -32.19% |
1,000 SOL | CZK 4,293,704.74 | CZK 6,331,624.51 | -32.19% |
Today vs. 1 year ago
Amount | Today at 2:48 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 SOL | CZK 2,146.85 | CZK 1,293.06 | +66.03% |
1 SOL | CZK 4,293.70 | CZK 2,586.12 | +66.03% |
5 SOL | CZK 21,468.52 | CZK 12,930.58 | +66.03% |
10 SOL | CZK 42,937.05 | CZK 25,861.16 | +66.03% |
50 SOL | CZK 214,685.24 | CZK 129,305.80 | +66.03% |
100 SOL | CZK 429,370.47 | CZK 258,611.60 | +66.03% |
500 SOL | CZK 2,146,852.37 | CZK 1,293,058.00 | +66.03% |
1,000 SOL | CZK 4,293,704.74 | CZK 2,586,116.00 | +66.03% |
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