$SOL

UNDERSTANDING THE SOL COIN PAIR

A coin pair involving Solana (SOL), such as SOL/USDT or SOL/BTC, represents the exchange rate between Solana and another cryptocurrency. For example, in the SOL/USDT pair, you’re trading Solana against Tether (a stablecoin pegged to the U.S. dollar). If SOL/USDT is priced at 150, it means 1 SOL is worth 150 USDT.

Coin pairs are essential for crypto trading because they allow users to measure the value of one coin relative to another and facilitate easy conversions between assets. SOL is widely traded due to its high speed, low fees, and growing ecosystem, making it a popular base or quote currency on many exchanges.