Kraken

How to Buy Solana (SOL)

Buy Solana instantly

Kraken makes it easy and safe for you to buy Solana today.

solana sol coin

Buy Solana instantly

Kraken makes it easy and safe for you to buy SOL today.

solana coin

How to Buy Solana in 3 Simple Steps 

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Create your free Kraken account

Provide your email address, country of residence and secure your account with a strong password

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Connect your funding method

Connect your card or bank account after Kraken verifies your account

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Buy Solana

Buy SOL with as little as $10

Check the price of Solana and
use our SOL to USD Converter

SOL Price

Check the current Solana price on Kraken to help inform your SOL purchase.

 

Solana Price

SOL to USD Converter

Use our simple SOL to USD converter to see how much Solana you can buy with USD.

US Dollar

USD

Solana

SOL

You can also check SOL's price in USD as well as important metrics such as SOL's trading volume, the percentage change in SOL price, and the past 24 hours’ highest and lowest prices.

Sign up today and get
started with as little as $10.

Why buy Solana?

You may want to buy SOL if you want to:

  1. Strategy

    Support the development of smart contract platforms

  2. trade

    Invest in cryptoassets that power scalable blockchains

  3. Solana sol tokens
  4. Transfer

    Stake SOL to participate in the platform’s governance

  5. Gift

    Delegate SOL to nodes and start earning portions of the block rewards

Have you placed your SOL order yet?

0

SOL purchased
today on Kraken

$0M

USD value of SOL
purchased today on Kraken

Purchase Solana today
with just a few clicks

What is Solana (SOL)?

Solana (SOL) is an open source blockchain platform that provides a foundation for the development of decentralized applications (dApps). The protocol’s focus on scalability, high transaction throughput and fast settlement speeds has made it one of the fastest growing decentralized application platforms.

Solana was co-founded by Anatoly Yakovenko and Greg Fitzgerald. Yakovenko first described the blockchain technology used by Solana in 2017. Fitzgerald created the first prototype of Solana, implementing Yakovenko’s ideas in 2018. The blockchain network was officially launched in March 2020.

The Solana blockchain is guided and developed by Solana Labs with support from the Solana Foundation, a Swiss non-profit dedicated to growing the community and funding development.


Want to dive deeper? Read Kraken’s What Is Solana? (SOL) to learn more.

What makes Solana unique?

Solana uses proof-of-history (PoH) to track time between computers and confirm the order of events that occur on the network. The synchronization of computers accomplished by PoH allows for the high transaction throughputs and fast processing times Solana is known for.
Other key features of the Solana network include its low transaction fees and use of the delegated-proof-of-stake (DPoS) consensus mechanism. DPoS uses a voting and reputation system to vet and maintain a record of validators that maintain the network. DPoS is used to secure the network, validate transactions and distribute newly minted Solana coins (SOL).

What is Solana used for?

Solana is a smart contract platform for the development of dApps. Many popular cryptocurrency projects are built on top of the Solana network, including Injective, Raydium, Serum, and Orca. Each of these projects have helped to develop the Solana ecosystem and establish the blockchain as one of the leading decentralized finance platforms.
Many non-fungible token (NFT) projects are also built on Solana. Prominent projects include the Aurory and Degenerate Ape Academy collections.

What is the max supply of Solana?

SOL is the native token and digital currency of the Solana platform. SOL does not have a fixed maximum supply, meaning there is not a limit on how many SOL tokens can be created. New SOL tokens are created on a predetermined inflation schedule.
The market price of SOL and its circulating supply can be used to calculate the project’s current market cap. Price predictions are often derived from studying aspects of a token's supply.

You can check SOL’s current market price and circulating supply on Kraken’s Solana price page.

Why buy Solana with Kraken?

With more than a decade of experience, Kraken has established itself as a pillar of the cryptocurrency industry. While we have grown to now offer over 185 cryptocurrencies, we remain one of the best places to buy SOL.

At Kraken, our focus has and will always be on:

  1. Simplicity - Kraken’s desktop and mobile solutions empower you to easily trade Solana.

  2. Security - Kraken’s rigorous security standards are designed to keep your SOL safe.

  3. Service - Kraken’s client support team offers dedicated client services 24/7/365.

Buy crypto on the go

How to buy Solana with a credit card or bank account on the Kraken app

The official Kraken app is the perfect way for you to conveniently buy or sell SOL from the palm of your hand. You can buy Solana from anywhere as soon as you: 

 

  1. Download our app from Google Play or the iOS App Store 
  2. Create your account in minutes
  3. Connect your bank account or credit card
     
Bank account only available to US residents. Credit card purchases available in select countries here.
Get the app

How much SOL can I buy with Kraken?

You can buy Solana on Kraken with as little as $10 since each SOL is divisible into smaller units. While you do not need to execute larger orders, Kraken’s advanced price discovery and execution technology helps offer some of the best rates of any cryptocurrency exchange.
 

Your verification level determines what you can do with your Kraken account. This can be located by signing into your account, selecting your name in the upper right and then selecting Get Verified. You will then see highlighted your current (pending or verified) level.
 

Dollar cost averaging is a popular strategy that allows you to invest in an asset at regular time intervals, regardless of its price. This sort of recurring buy strategy is designed to help build wealth over time while minimizing the impact of unpredictable price changes.

instantly buy a fraction of a SOL

Buy a fraction of a SOL

With Kraken, it only takes a few minutes to buy SOL.

How to keep your SOL investment safe

Kraken works hard to protect your SOL
When you buy Solana with Kraken, your crypto is automatically stored in our hot wallet — an accessible but highly secure place to keep your SOL safe.

 

Kraken allows you to hold your own Solana
Our rigorous security standards ensure that our users’ crypto is always safe on our platform. However, if you want to hold or transfer your Solana, Kraken allows you to take full custody of your SOL in the wallet of your choice, unlike many other fintech services. Solana can easily be stored on hardware wallets, web, or mobile wallets.

FAQ

How to Buy Solana FAQ

  1. How can I stake Solana?

  2. Can I buy SOL with my credit or debit card?

  3. Is Solana a good investment?

  4. What is the best way to buy Solana?

  5. Where can I buy a Solana token?

  6. What is the cheapest way to buy solana?

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Join SOL holders building the decentralized web

Disclaimer
Information provided in this “Learn” section is for general educational purposes only and is not intended to constitute investment or other advice on financial products. Such information is not, and should not be read as, an offer or recommendation to buy or sell or a solicitation of an offer or recommendation to buy or sell any particular digital asset or to use any particular investment strategy. Kraken makes no representations as to the accuracy, completeness, timeliness, suitability, or validity of any such information and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use.