The main use of sol is for staking, where users lock up their tokens to help secure the network. Sol is the native token of the solana blockchain It can be used to pay for transaction fees (also known as gas fees) when sending transactions or interacting with smart contracts. Its hybrid consensus model, combining proof of stake and proof of history. Coinbase is a secure online platform for buying, selling, transferring, and storing cryptocurrency. Get the latest solana price today, sol market cap, price index, live chart & best exchanges to trade sol
Read the latest solana news at cryptomarketcap. Sol is the native cryptocurrency that powers the solana network Sol is used to pay transaction fees, incentivize actors that support the network, and serve as a governance token that enables holders to vote on proposed upgrades to the network.
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