Convert and Swap Solana SOL to Bangladeshi Taka BDT
SOL/BDT: 1 Solana equals BDT 31,220.69 BDT
Last update: 1:21 AM, January 23, 2025
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Solana is climbing this week.
The current price of Solana is BDT 31,220.69 per SOL. With a circulating supply of 486,490,784.518 SOL, it means that Solana has a total market cap of BDT 15,186,077,305,080.74. The amount of Solana traded has fallen by BDT 145,921,867,642.40 in the last 24 hours, which is a 13.56% decrease. Additionally, in the last day, BDT 1,076,291,695,360.55 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 Bangladeshi Taka differ
Solana (SOL) and Bangladeshi Taka (BDT) are two distinct forms of currency, each with its unique characteristics and uses. 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 Bangladeshi Taka is the official currency of Bangladesh, a physical form of money regulated by the Bangladesh Bank. Unlike Solana, the Taka is centralized, meaning it's controlled by a single entity - the government. It's used for traditional transactions within Bangladesh and doesn't utilize blockchain technology. While Solana's value can fluctuate based on market conditions and demand, the Taka's value is influenced by economic factors such as inflation, interest rates, and public debt. Therefore, while Solana seeks to enhance the digital finance space, the Taka serves as a standard medium of exchange in Bangladesh's economy.
Frequently asked questions
How much is 1 Solana in BDT?
Right now, 1 Solana is worth about BDT 31,220.69.
How much SOL could I buy for 1 BDT?
Based on the current rate, you could get 0.000032 SOL for 1 BDT.
How much has the price of Solana changed?
Solana price has been on the rise. Since yesterday, the exchange rate of Solana has increased. Since last month, the exchange rate of Solana has increased. Since this time last year, the price of Solana has increased.
How do I calculate or convert SOL to BDT?
You can use our SOL to BDT calculator at the top of this page to convert any amount of SOL to BDT. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 BDT is equivalent to 0.00016 SOL. Inversely, 5 SOL will cost about BDT 156,103.46
How can I buy 1 Solana on Coinbase?
Solana is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Solana.
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SOL to Bangladeshi Taka conversion tables
The exchange rate of Solana is increasing.
The current value of 1 SOL is BDT 31,220.69 BDT. In other words, to buy 5 Solana, it would cost you BDT 156,103.46 BDT. Inversely, BDT 1.00 BDT would allow you to trade for 0.000032 SOL while BDT 50.00 BDT would convert to 0.001602 SOL, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 25.24%. Meanwhile, in the last 24 hours, the rate has changed by 1.12%, which means that the the highest exchange rate of 1 SOL to Bangladeshi Taka was BDT 33,165.47 BDT and the lowest 24 hour value was 1 SOL for BDT 30,431.87 BDT. This time last month, the value of 1 SOL was BDT 21,001.28 BDT, which is a 45.77% decrease from where it is now. Looking back a year, Solana has changed by BDT 9,133.26 BDT.
SOL to BDT performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
BDT 30,812.74 BDT | 1.12% | BDT 24,630.47 BDT | 25.24% | BDT 21,001.28 BDT | 45.77% | BDT 9,133.26 BDT | 209.03% |
SOL to BDT
Amount | Today at 1:21 am |
|---|---|
0.5 SOL | BDT 15,610.35 |
1 SOL | BDT 31,220.69 |
5 SOL | BDT 156,103.46 |
10 SOL | BDT 312,206.91 |
50 SOL | BDT 1,561,034.57 |
100 SOL | BDT 3,122,069.13 |
500 SOL | BDT 15,610,345.67 |
1,000 SOL | BDT 31,220,691.33 |
BDT to SOL
Amount | Today at 1:21 am |
|---|---|
0.5 BDT | 0.000016 SOL |
1 BDT | 0.000032 SOL |
5 BDT | 0.000160 SOL |
10 BDT | 0.000320 SOL |
50 BDT | 0.0016 SOL |
100 BDT | 0.0032 SOL |
500 BDT | 0.0160 SOL |
1,000 BDT | 0.0320 SOL |
Today vs. 24 hours ago
Amount | Today at 1:21 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 SOL | BDT 15,610.35 | BDT 15,438.62 | +1.11% |
1 SOL | BDT 31,220.69 | BDT 30,877.24 | +1.11% |
5 SOL | BDT 156,103.46 | BDT 154,386.22 | +1.11% |
10 SOL | BDT 312,206.91 | BDT 308,772.45 | +1.11% |
50 SOL | BDT 1,561,034.57 | BDT 1,543,862.24 | +1.11% |
100 SOL | BDT 3,122,069.13 | BDT 3,087,724.48 | +1.11% |
500 SOL | BDT 15,610,345.67 | BDT 15,438,622.41 | +1.11% |
1,000 SOL | BDT 31,220,691.33 | BDT 30,877,244.82 | +1.11% |
Today vs. 1 month ago
Amount | Today at 1:21 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 SOL | BDT 15,610.35 | BDT 10,766.71 | +44.99% |
1 SOL | BDT 31,220.69 | BDT 21,533.43 | +44.99% |
5 SOL | BDT 156,103.46 | BDT 107,667.13 | +44.99% |
10 SOL | BDT 312,206.91 | BDT 215,334.25 | +44.99% |
50 SOL | BDT 1,561,034.57 | BDT 1,076,671.27 | +44.99% |
100 SOL | BDT 3,122,069.13 | BDT 2,153,342.55 | +44.99% |
500 SOL | BDT 15,610,345.67 | BDT 10,766,712.75 | +44.99% |
1,000 SOL | BDT 31,220,691.33 | BDT 21,533,425.50 | +44.99% |
Today vs. 1 year ago
Amount | Today at 1:21 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 SOL | BDT 15,610.35 | BDT 5,078.49 | +207.38% |
1 SOL | BDT 31,220.69 | BDT 10,156.99 | +207.38% |
5 SOL | BDT 156,103.46 | BDT 50,784.94 | +207.38% |
10 SOL | BDT 312,206.91 | BDT 101,569.88 | +207.38% |
50 SOL | BDT 1,561,034.57 | BDT 507,849.42 | +207.38% |
100 SOL | BDT 3,122,069.13 | BDT 1,015,698.84 | +207.38% |
500 SOL | BDT 15,610,345.67 | BDT 5,078,494.21 | +207.38% |
1,000 SOL | BDT 31,220,691.33 | BDT 10,156,988.43 | +207.38% |
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