Solana Solana SOL
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Price
259.18 USD
% Change
6.91%
Market Cap
123B USD
Volume
14.7B USD
Circulating Supply
474M
51653% from all time low
1% to all time high
2949583% from all time low
-1% to all time high

Solana SOL: Coin Burn

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"After speaking with Binance and our market maker, we plan to reduce the circulating supply by removing the 11,365,067 supply from the market within the next 30 days. After removing the supply, we aim to burn the tokens."

Event date: May 2020 UTC

What is coin (token) burn?

A coin (token) burn is a process of sending a certain amount of cryptocurrency to a public address that has unobtainable private keys. In the future, the sent coins cannot be spent, thus the coin burn leads to an overall decrease in the cryptocurrency circulating supply.

SOL Price Changes After Event Publication
4.89%
1 day
5.72%
2 days
38147.67%
Now (Added 4 years ago)
The event is about to begin
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