SOL/CLP: Convert Solana (SOL) to Chilean Peso (CLP)

1 Solana equals CLP 129,566.79 Chilean Peso

Last update: 8:43 PM, June 26, 2024

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Overview

About Solana (SOL)

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 (SOL) and Chilean Peso (CLP) differ

Solana (SOL) and the Chilean Peso (CLP) are two distinct forms of currency, each with their unique characteristics. Solana is a digital asset that operates on blockchain technology, aiming to facilitate the creation of decentralized applications (DApps) and make decentralized finance more accessible on a larger scale. It uses a unique combination of proof-of-history (PoH) and proof-of-stake (PoS) consensus mechanisms to ensure trustless transactions and scalability. On the other hand, the Chilean Peso is a traditional fiat currency issued and regulated by the Central Bank of Chile. It is used for all types of transactions within Chile and does not rely on any form of digital technology for its operation. Unlike Solana, the value of the Chilean Peso is influenced by factors such as inflation, interest rates, and the economic health of Chile. While Solana seeks to decrease validation times for transaction and smart contract execution, the speed of transactions with the Chilean Peso depends on traditional banking processes.

Solana Markets

Solana is climbing this week.

The current price of Solana is CLP 129,566.79 per SOL. With a circulating supply of 462,244,063.405 SOL, it means that Solana has a total market cap of CLP 59,807,098,830,053.55. The amount of Solana traded has fallen by CLP 563,470,294,215 in the last 24 hours, which is a 33.72% decrease. Additionally, in the last day, CLP 1,670,969,045,827 worth of SOL has been traded.

Market cap

£59.8T

Volume (24h)

£1.7T

Circulating supply

462.2M SOL

Conversion tables

The exchange rate of Solana is increasing.

The current value of 1 SOL is CLP 129,567 CLP. In other words, to buy 5 Solana, it would cost you CLP 647,834 CLP. Inversely, CLP 1 CLP would allow you to trade for 0.00000772 SOL while CLP 50 CLP would convert to 0.00038590 SOL, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 0.98%. Meanwhile, in the last 24 hours, the rate has changed by 1.34%, which means that the the highest exchange rate of 1 SOL to Chilean Peso was 140.37 CLP and the lowest 24 hour value was 1 SOL for 134.76 CLP. This time last month, the value of 1 SOL was CLP 154,750 CLP, which is a 16.27% increase from where it is now. Looking back a year, Solana has changed by -CLP 114,131 CLP.

SOL to CLP

Amount
Today at 8:43 pm
0.5 SOL
CLP 64,783.39
1 SOL
CLP 129,566.79
5 SOL
CLP 647,833.95
10 SOL
CLP 1,295,667.89
50 SOL
CLP 6,478,339.45
100 SOL
CLP 12,956,678.90
500 SOL
CLP 64,783,394.50
1,000 SOL
CLP 129,566,789.00

CLP to SOL

Amount
Today at 8:43 pm
0.5 CLP
0.00000386 SOL
1 CLP
0.00000772 SOL
5 CLP
0.000039 SOL
10 CLP
0.000077 SOL
50 CLP
0.000386 SOL
100 CLP
0.000772 SOL
500 CLP
0.0039 SOL
1,000 CLP
0.0077 SOL

Today vs. 24 hours ago

Amount
Today at 8:43 pm
24 hours ago
24H Change
0.5 SOL
CLP 64,783.39
CLP 65,665.19
-1.34%
1 SOL
CLP 129,566.79
CLP 131,330.38
-1.34%
5 SOL
CLP 647,833.95
CLP 656,651.88
-1.34%
10 SOL
CLP 1,295,667.89
CLP 1,313,303.76
-1.34%
50 SOL
CLP 6,478,339.45
CLP 6,566,518.82
-1.34%
100 SOL
CLP 12,956,678.90
CLP 13,133,037.65
-1.34%
500 SOL
CLP 64,783,394.50
CLP 65,665,188.23
-1.34%
1,000 SOL
CLP 129,566,789.00
CLP 131,330,376.47
-1.34%

Today vs. 1 month ago

Amount
Today at 8:43 pm
1 months ago
1M Change
0.5 SOL
CLP 64,783.39
CLP 77,375.03
-16.27%
1 SOL
CLP 129,566.79
CLP 154,750.06
-16.27%
5 SOL
CLP 647,833.95
CLP 773,750.30
-16.27%
10 SOL
CLP 1,295,667.89
CLP 1,547,500.60
-16.27%
50 SOL
CLP 6,478,339.45
CLP 7,737,502.98
-16.27%
100 SOL
CLP 12,956,678.90
CLP 15,475,005.95
-16.27%
500 SOL
CLP 64,783,394.50
CLP 77,375,029.76
-16.27%
1,000 SOL
CLP 129,566,789.00
CLP 154,750,059.51
-16.27%

Today vs. 1 year ago

Amount
Today at 8:43 pm
1 year ago
1Y Change
0.5 SOL
CLP 64,783.39
CLP 7,718.07
+739.37%
1 SOL
CLP 129,566.79
CLP 15,436.13
+739.37%
5 SOL
CLP 647,833.95
CLP 77,180.66
+739.37%
10 SOL
CLP 1,295,667.89
CLP 154,361.31
+739.37%
50 SOL
CLP 6,478,339.45
CLP 771,806.56
+739.37%
100 SOL
CLP 12,956,678.90
CLP 1,543,613.12
+739.37%
500 SOL
CLP 64,783,394.50
CLP 7,718,065.59
+739.37%
1,000 SOL
CLP 129,566,789.00
CLP 15,436,131.17
+739.37%

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