$SOL A coin pair with $SOL is a combination of Solana (SOL) and another cryptocurrency or stablecoin. Some common coin pairs with SOL include SOL/USDT, SOL/BTC, SOL/ETH, SOL/BNB, and SOL/AVA.

Why trade SOL coin pairs?

SOL/USDT: A popular pair for day traders and investors because it allows them to convert SOL to a stable asset

SOL/BTC: Helps traders gauge SOL's strength relative to Bitcoin

SOL/ETH: A key pair for those hedging between the two leading smart contract ecosystems

SOL/BNB: Reflects the relationship between Solana and Binance's BNB Chain

What is Solana (SOL)?

SOL is the native cryptocurrency of the Solana blockchain platform

Solana is known for its fast transactions, low fees, and growing ecosystem

Solana is used to pay transaction fees and for staking

Solana holders also have the right to vote in future upgrades

You can trade SOL on major exchanges like: Binance, Kraken Futures, and OKX.