Convert and Swap Solana SOL to Peruvian Sol PEN
SOL/PEN: 1 Solana equals PEN 886.10 PEN
Last update: 12:00 AM, January 31, 2025
Refresh
Solana market latest
Explore Solana
Create a Coinbase account to buy and sell Solana and start your crypto journey!
Solana is falling this week.
The current price of Solana is PEN 886.10 per SOL. With a circulating supply of 486,730,181.102 SOL, it means that Solana has a total market cap of PEN 432,448,150,839.89. The amount of Solana traded has fallen by PEN 2,359,337,579.09 in the last 24 hours, which is a 13.67% decrease. Additionally, in the last day, PEN 17,258,435,935.49 worth of SOL has been traded.
Get up to $200 for getting started
Earn free crypto after making your first purchase. Terms apply
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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 Peruvian Sol differ
Solana (SOL) and Peruvian Sol (PEN) are two distinct entities operating in different realms. Solana is a high-performance, open-source blockchain platform that aims to facilitate the creation of decentralized applications (DApps) and enhance the decentralized finance (DeFi) space. It operates using a unique combination of proof-of-history (PoH) and proof-of-stake (PoS) consensus mechanisms, which allows for decreased validation times and low transaction costs, making it attractive for a diverse range of users. On the other hand, the Peruvian Sol is the official currency of Peru, regulated by the Central Reserve Bank of Peru. It is a traditional form of money used for everyday transactions in Peru, unlike Solana which is a digital asset used within the blockchain ecosystem. The Peruvian Sol does not utilize blockchain technology or consensus mechanisms, and its value is influenced by economic factors such as inflation and interest rates. While Solana seeks to make DeFi more accessible on a larger scale, the Peruvian Sol serves as a medium of exchange, store of value, and unit of account within Peru.
Buy Solana with Coinbase
Create a Coinbase account to buy and sell Solana on the most secure crypto exchange.
Browse related conversions
Popular Solana conversions
A selection of other popular currency conversions of Solana to various fiat currencies.
Convert other assets to PEN
A selection of relevant cryptocurrencies you might be interested in based on your interest in Solana.
SOL to Peruvian Sol conversion tables
The exchange rate of Solana is increasing.
The current value of 1 SOL is PEN 886.10 PEN. In other words, to buy 5 Solana, it would cost you PEN 4,430.52 PEN. Inversely, PEN 1.00 PEN would allow you to trade for 0.0011 SOL while PEN 50.00 PEN would convert to 0.0564 SOL, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 5.05%. Meanwhile, in the last 24 hours, the rate has changed by 5.18%, and that the the highest exchange rate of 1 SOL to Peruvian Sol was PEN 908.49 PEN and the lowest 24 hour value was 1 SOL for PEN 844.11 PEN. This time last month, the value of 1 SOL was PEN 715.09 PEN, which is a 25.91% decrease from where it is now. Looking back a year, Solana has changed by PEN 386.78 PEN.
SOL to PEN performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
PEN 848.71 PEN | 5.18% | PEN 941.00 PEN | -5.05% | PEN 715.09 PEN | 25.91% | PEN 386.78 PEN | 125.05% |
SOL to PEN
Amount | Today at 12:00 am |
|---|---|
0.5 SOL | PEN 443.05 |
1 SOL | PEN 886.10 |
5 SOL | PEN 4,430.52 |
10 SOL | PEN 8,861.04 |
50 SOL | PEN 44,305.21 |
100 SOL | PEN 88,610.42 |
500 SOL | PEN 443,052.11 |
1,000 SOL | PEN 886,104.22 |
PEN to SOL
Amount | Today at 12:00 am |
|---|---|
0.5 PEN | 0.000564 SOL |
1 PEN | 0.0011 SOL |
5 PEN | 0.0056 SOL |
10 PEN | 0.0113 SOL |
50 PEN | 0.0564 SOL |
100 PEN | 0.11 SOL |
500 PEN | 0.56 SOL |
1,000 PEN | 1.13 SOL |
Today vs. 24 hours ago
Amount | Today at 12:00 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 SOL | PEN 443.05 | PEN 423.06 | +4.72% |
1 SOL | PEN 886.10 | PEN 846.13 | +4.72% |
5 SOL | PEN 4,430.52 | PEN 4,230.63 | +4.72% |
10 SOL | PEN 8,861.04 | PEN 8,461.25 | +4.72% |
50 SOL | PEN 44,305.21 | PEN 42,306.26 | +4.72% |
100 SOL | PEN 88,610.42 | PEN 84,612.53 | +4.72% |
500 SOL | PEN 443,052.11 | PEN 423,062.64 | +4.72% |
1,000 SOL | PEN 886,104.22 | PEN 846,125.27 | +4.72% |
Today vs. 1 month ago
Amount | Today at 12:00 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 SOL | PEN 443.05 | PEN 354.35 | +25.03% |
1 SOL | PEN 886.10 | PEN 708.69 | +25.03% |
5 SOL | PEN 4,430.52 | PEN 3,543.47 | +25.03% |
10 SOL | PEN 8,861.04 | PEN 7,086.94 | +25.03% |
50 SOL | PEN 44,305.21 | PEN 35,434.71 | +25.03% |
100 SOL | PEN 88,610.42 | PEN 70,869.42 | +25.03% |
500 SOL | PEN 443,052.11 | PEN 354,347.08 | +25.03% |
1,000 SOL | PEN 886,104.22 | PEN 708,694.15 | +25.03% |
Today vs. 1 year ago
Amount | Today at 12:00 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 SOL | PEN 443.05 | PEN 188.08 | +135.57% |
1 SOL | PEN 886.10 | PEN 376.15 | +135.57% |
5 SOL | PEN 4,430.52 | PEN 1,880.77 | +135.57% |
10 SOL | PEN 8,861.04 | PEN 3,761.55 | +135.57% |
50 SOL | PEN 44,305.21 | PEN 18,807.73 | +135.57% |
100 SOL | PEN 88,610.42 | PEN 37,615.46 | +135.57% |
500 SOL | PEN 443,052.11 | PEN 188,077.31 | +135.57% |
1,000 SOL | PEN 886,104.22 | PEN 376,154.62 | +135.57% |
Buy Solana with Coinbase
Create a Coinbase account to buy and sell Solana on the most secure crypto exchange.
Discover assets similar to Solana
Top trading volume
Browse the assets with the highest trading volume in the past 24H on Coinbase.
Explore more conversions
Advanced asset conversions
A selection of relevant cryptocurrencies you might be interested in based on your interest in Bitcoin.
More currency conversions
A selection of conversions for different assets and currencies.
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.