$SOL $SOL

SOL is the fundamental "fuel" that powers the Solana network. It plays several crucial roles within the ecosystem:

* Transaction Fees: Users pay transaction fees (often referred to as "gas fees") in SOL to process transactions and execute smart contracts on the Solana blockchain. These fees are usually very low, often less than a cent.

* Staking: SOL holders can "stake" their tokens to help secure the network and validate transactions. By doing so, they can earn rewards in SOL, contributing to the decentralization and integrity of the blockchain.

* Governance: As the Solana ecosystem evolves, SOL holders gain governance rights, allowing them to propose and vote on important decisions related to network upgrades, protocol changes, and other key parameters. This gives them a voice in the future direction of the platform.