$SOL is the native token of the Solana network, designed to deliver fast, low-cost, and scalable decentralized applications. Founded by Anatoly Yakovenko, Solana aims to solve blockchain congestion and high fees, enabling DeFi, NFTs, and Web3 projects to thrive efficiently. Its purpose is to be the go-to platform for high-speed, decentralized innovation.
Solana has a maximum supply of 511 million
$SOL tokens, with gradual release schedules for staking rewards, team allocations, and ecosystem growth. This controlled distribution maintains liquidity while supporting long-term scarcity and price