Convert and Swap Solana SOL to Swedish Krona SEK
SOL/SEK: 1 Solana equals SEK 1,993.60 SEK
Last update: 7:26 AM, December 23, 2024
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Solana is falling this week.
The current price of Solana is SEK 1,993.60 per SOL. With a circulating supply of 479,342,483.692 SOL, it means that Solana has a total market cap of SEK 953,829,045,651.14. The amount of Solana traded has fallen by SEK 10,726,896,210.35 in the last 24 hours, which is a 22.85% decrease. Additionally, in the last day, SEK 46,947,022,300.63 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 Swedish Krona differ
Solana (SOL) and the Swedish Krona (SEK) are two distinct forms of currency, each with its unique characteristics. Solana is a digital asset that operates on a decentralized, open-source blockchain platform, striving to enhance the world of decentralized finance (DeFi) and decentralized applications (DApps). It employs a unique combination of proof-of-history (PoH) and proof-of-stake (PoS) consensus mechanisms, aiming to provide scalability, low transaction costs, and fast processing. On the other hand, the Swedish Krona is a traditional, physical currency issued and regulated by the Swedish central bank, Sveriges Riksbank. It operates within a centralized system and is used for all types of transactions within Sweden. Unlike Solana, the value of the Swedish Krona is influenced by factors such as inflation, interest rates, and the economic health of Sweden. While Solana seeks to make DeFi more accessible on a larger scale, the Swedish Krona serves as a medium of exchange, store of value, and unit of account within the Swedish economy.
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SOL to Swedish Krona conversion tables
The exchange rate of Solana is decreasing.
The current value of 1 SOL is SEK 1,993.60 SEK. In other words, to buy 5 Solana, it would cost you SEK 9,968.00 SEK. Inversely, SEK 1.00 SEK would allow you to trade for 0.000502 SOL while SEK 50.00 SEK would convert to 0.025080 SOL, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 19.23%. Meanwhile, in the last 24 hours, the rate has changed by 1.87%, and that the the highest exchange rate of 1 SOL to Swedish Krona was SEK 2,071.54 SEK and the lowest 24 hour value was 1 SOL for SEK 1,944.64 SEK. This time last month, the value of 1 SOL was SEK 2,853.87 SEK, which is a 28.91% increase from where it is now. Looking back a year, Solana has changed by SEK 1,080.07 SEK.
SOL to SEK performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
SEK 2,022.54 SEK | -1.87% | SEK 2,453.32 SEK | -19.23% | SEK 2,853.87 SEK | -28.91% | SEK 1,080.07 SEK | 67.04% |
SOL to SEK
Amount | Today at 7:26 am |
|---|---|
0.5 SOL | SEK 996.80 |
1 SOL | SEK 1,993.60 |
5 SOL | SEK 9,968.00 |
10 SOL | SEK 19,936.01 |
50 SOL | SEK 99,680.03 |
100 SOL | SEK 199,360.05 |
500 SOL | SEK 996,800.27 |
1,000 SOL | SEK 1,993,600.54 |
SEK to SOL
Amount | Today at 7:26 am |
|---|---|
0.5 SEK | 0.000251 SOL |
1 SEK | 0.000502 SOL |
5 SEK | 0.0025 SOL |
10 SEK | 0.0050 SOL |
50 SEK | 0.0251 SOL |
100 SEK | 0.0502 SOL |
500 SEK | 0.25 SOL |
1,000 SEK | 0.50 SOL |
Today vs. 24 hours ago
Amount | Today at 7:26 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 SOL | SEK 996.80 | SEK 1,010.96 | -1.40% |
1 SOL | SEK 1,993.60 | SEK 2,021.92 | -1.40% |
5 SOL | SEK 9,968.00 | SEK 10,109.62 | -1.40% |
10 SOL | SEK 19,936.01 | SEK 20,219.25 | -1.40% |
50 SOL | SEK 99,680.03 | SEK 101,096.24 | -1.40% |
100 SOL | SEK 199,360.05 | SEK 202,192.49 | -1.40% |
500 SOL | SEK 996,800.27 | SEK 1,010,962.43 | -1.40% |
1,000 SOL | SEK 1,993,600.54 | SEK 2,021,924.86 | -1.40% |
Today vs. 1 month ago
Amount | Today at 7:26 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 SOL | SEK 996.80 | SEK 1,430.49 | -30.32% |
1 SOL | SEK 1,993.60 | SEK 2,860.98 | -30.32% |
5 SOL | SEK 9,968.00 | SEK 14,304.89 | -30.32% |
10 SOL | SEK 19,936.01 | SEK 28,609.77 | -30.32% |
50 SOL | SEK 99,680.03 | SEK 143,048.87 | -30.32% |
100 SOL | SEK 199,360.05 | SEK 286,097.75 | -30.32% |
500 SOL | SEK 996,800.27 | SEK 1,430,488.74 | -30.32% |
1,000 SOL | SEK 1,993,600.54 | SEK 2,860,977.49 | -30.32% |
Today vs. 1 year ago
Amount | Today at 7:26 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 SOL | SEK 996.80 | SEK 597.24 | +66.90% |
1 SOL | SEK 1,993.60 | SEK 1,194.49 | +66.90% |
5 SOL | SEK 9,968.00 | SEK 5,972.45 | +66.90% |
10 SOL | SEK 19,936.01 | SEK 11,944.90 | +66.90% |
50 SOL | SEK 99,680.03 | SEK 59,724.48 | +66.90% |
100 SOL | SEK 199,360.05 | SEK 119,448.96 | +66.90% |
500 SOL | SEK 996,800.27 | SEK 597,244.82 | +66.90% |
1,000 SOL | SEK 1,993,600.54 | SEK 1,194,489.63 | +66.90% |
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