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What is the issue price of SOL coins? Introduction to the issue price and issue quantity of SOL coins

The initial issuance price of Solana's (SOL) native tokens was $0.22 per coin during its ICO in March 2020, 33% lower than the intended target of $0.33.

Oct 09, 2024 at 01:06 pm

1. Issue Price of SOL Coins

Solana (SOL) is a decentralized blockchain platform that aims to facilitate the creation of decentralized applications (dApps). The project's core selling proposition is its ability to handle high-volume transactions quickly and efficiently.

The initial issuance price of SOL was set at $0.22 per coin during its initial coin offering (ICO) held in March 2020. This price was 33% lower than the initial target price of $0.33.

2. Issue Quantity of SOL Coins

A total of 500 million SOL tokens were created during the ICO, making up roughly 48.2% of the total supply. The remaining SOL tokens were allocated as follows:

26.29% to the Solana Foundation
16.23% to the core team
9.09% to early investors

3. Current Market Price of SOL Coins

As of [insert date], the current market price of SOL is approximately $22.00, representing a significant increase from its ICO price. This surge in value has been attributed to the growing popularity of Solana and its role in the rapidly expanding decentralized finance (DeFi) ecosystem.

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