Solana token
Overview
Solana is a decentralized blockchain platform designed for hosting scalable, user-friendly applications. Its native token, SOL, is used for transaction fees, staking, and network governance.
Within the DeFi Intel graph, Solana connects to 9 tracked entities, most strongly to Ethena USDe, JupUSD, USDH Stablecoin.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 9 of 9 total).
| Relation | Connected entity | Confidence |
|---|---|---|
backed_by | Ethena USDe | 90% |
backed_by | JupUSD | 90% |
backed_by | USDH Stablecoin | 90% |
covers | Singapore Gulf Bank Launches In-Bank Settlement for USDC on Solana | 70% |
covers | USDT Now Live on Solana, Plasma, and Ethereum With 1:1 USD Onramps and Offramps: Privy and Ramp | 70% |
covers | Wrapped XRP Now Available Across Major Solana Apps: Solana | 70% |
covers | Founder of Solana Token Launchpad Believe Arrested on Assault, Strangulation Charges | 70% |
covers | Solana-based casino Luck.io paid $500K a month to influencers before folding | 70% |
covers | Ethereum Outperforms Solana in Daily Fees by Nearly 40x | 70% |
In-depth guides on Solana
- Solana Mobile Saga Chapter 3 Explained: Seeker, Token-Powered Phones, and the Crypto Smartphone Thesis (2026) — DeFi Intel
- What is Solana? Complete 2026 Guide to SOL, Firedancer, and the Top Solana dApps — DeFi Intel
Frequently asked questions
What is Solana?
Solana is a decentralized blockchain platform designed for hosting scalable, user-friendly applications. Its native token, SOL, is used for transaction fees, staking, and network governance.
What is the native token of Solana used for?
The native token, SOL, is used for transaction fees, staking, and network governance.
Which stablecoins are backed by Solana?
Ethena USDe, USDH Stablecoin, and JupUSD are backed by Solana.