What is a Sol in crypto?

Solana is a public, open-source blockchain that supports smart contracts, including non-fungible tokens (NFTs) and a variety of decentralized applications (dApps) . Native to Solana’s blockchain is the SOL token which provides network security through staking as well as a means of transferring value.

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What is the supply of Solana?

When SOL fist launched, there was a maximum supply of around 500 million but the blockchain burned (erased from the blockchain) 11 million of them. … Number of Solana (SOL) tokens in circulation from June 2020 to January 10, 2022 (in millions) CharacteristicSupply in millions–Solana (SOL) circulating supply history up until January 10, 2022 www.statista.com › … › Financial Instruments & Investments

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What is crypto market cap?

Definition. For a cryptocurrency like Bitcoin, market capitalization (or market cap) is the total value of all the coins that have been mined . It’s calculated by multiplying the number of coins in circulation by the current market price of a single coin.

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