Home web3.0 Learn about Solana coin issuance price and total issuance amount in this article

Learn about Solana coin issuance price and total issuance amount in this article

Aug 28, 2024 pm 07:05 PM
Blockchain cryptocurrency

Solana Coin (SOL) was first issued in 2019 with an initial issuance price of $0.05 and a total issuance of 489,000,000 SOL. Total distribution includes: seed round (20.25%), private round (33.75%), public round (46%), foundation (5%) and team (5%). The current circulating supply is approximately 352,000,000 SOL.

Learn about Solana coin issuance price and total issuance amount in this article

Solana Coin Issuance Price and Total Issuance Volume

Issue Price:

Solana Coin (SOL) has an initial issuance price of $0.05 and was issued during the Initial Coin Offering (ICO) on March 21, 2019.

Total issuance amount:

The total issuance amount of Solana Coin is 489,000,000 SOL.

Distribution:

The SOL tokens in the total issued amount are distributed as follows:

  • Seed round: 20.25 %
  • Private round: 33.75%
  • Public round: 46%
  • Foundation: 5%
  • Team: 5%

Circulating supply:

Currently, the circulation of Solana coins Supply is approximately 352,000,000 SOL. The remaining SOL tokens are held by the foundation, team, and early investors.

Solana Price Increases

Currently, Solana (SOL) price is $158.37 with a 24-hour trading volume of $2.584 billion. SOL has gained 0.09% in the past day.

Price Change Factors

Factors affecting SOL price include:

  • Positive market sentiment: Cryptocurrency Market Overall sentiment was positive, driving gains for SOL and other cryptocurrencies.
  • Technical Upgrade: The Solana blockchain is undergoing a technology upgrade to increase transaction speed and capacity.

Future Price Trend

The price of SOL has been trending upward over the past few weeks. As positive market sentiment continues and technology advances, further price increases are likely in the future.

Investor Action

Investors should closely monitor SOL price movements and market news. Consider buying the dip, but invest cautiously and manage risks.

Short-term trend forecast

SOL is expected to continue to rise in the short term. A break above the resistance level could lead to further gains. However, prices may fall back due to market volatility.

Key Indicators

  • Latest price: $158.37
  • 24 hour trading volume: USD 2.584 billion
  • Circulation market capitalization: USD 73.827 billion
  • Circulation volume: 466 million SOL
  • Max Supply: Unlimited

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