How Many Sol Coins Are in Circulation?47

IntroductionSolana (SOL) is a high-performance Proof-of-Stake (PoS) blockchain that has attracted significant attention in the cryptocurrency market. SOL is the native currency of the Solana network and is used to pay transaction fees, secure the network, and facilitate governance. In this article, we will explore the total supply, circulating supply, and issuance schedule of SOL.

Total Supply

The total supply of SOL is 511,616,946 tokens. This number is fixed and will not increase over time. The total supply is divided into several portions:
Seed Sale: 16.23% (8,304,937 SOL)
Private Sale: 31.47% (160,521,433 SOL)
Strategic Sale: 11.18% (57,292,444 SOL)
Foundation: 12.5% (64,202,094 SOL)
Team: 10.49% (53,904,824 SOL)
Ecosystem: 7.09% (36,389,650 SOL)
Community Sale: 0.99% (5,065,548 SOL)
Genesis: 0.05% (253,277 SOL)

Circulating Supply

The circulating supply of SOL represents the number of tokens that are currently in circulation and available for trading. As of May 2023, the circulating supply of SOL is approximately 324 million tokens. This number is subject to change as new tokens are issued and existing tokens are burned.

Issuance Schedule

The issuance of SOL tokens is designed to be inflation-resistant. New tokens are issued at a decreasing rate over time, with the issuance rate halving approximately every two years. The initial issuance rate was 8% per year, and it is expected to decrease to about 1.5% per year by 2025.

Token Distribution

The distribution of SOL tokens among different stakeholders is as follows:
Investors: 42.68%
Foundation: 12.5%
Team: 10.49%
Ecosystem: 7.09%
Community Sale: 0.99%
Genesis: 0.05%

Conclusion

Solana (SOL) has a total supply of 511,616,946 tokens, with a circulating supply of approximately 324 million tokens as of May 2023. The issuance of SOL tokens is designed to be inflation-resistant, with the issuance rate halving approximately every two years. Solana's token distribution is designed to support the long-term growth and sustainability of the ecosystem.

2025-02-05

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