What is the native token of Solana?
The native token of Solana is called SOL.
It is a utility token that powers the Solana blockchain and provides access to its features and services. SOL tokens are used to pay for transaction fees, participate in governance, and reward validators for securing the network. The total supply of SOL tokens is fixed at 463,741,072 and they are distributed through various methods such as airdrops, staking rewards, and initial exchange offerings (IEOs).
The token can be traded on various exchanges including Binance, Huobi Global, OKEx, and KuCoin.
AI created text. No guarantee for the correctness of the content.
