SOL

SOL is Solana's native cryptocurrency. It's used to pay transaction fees and for staking.

Validators stake their own SOL in exchange for a chance at earning SOL and a cut of fees. (Becoming a validator also requires a fairly high level of technical knowhow.)

Validators stake their own SOL in exchange for a chance at earning SOL and a cut of fees. (Becoming a validator also requires a fairly high level of technical knowhow.)

SOL also serves as a “governance token,” meaning that holders also are able to vote on future upgrades and governance proposals submitted by the Solana community.