# Token Guide: SOL — what kind of coin is this and what is it for?
Solana is a blockchain that decided to play on speed and win with the power of infrastructure.
The network long debated: 'breakthrough or experiment?'. But in fact, it has become a home for DeFi, NFTs, meme tokens, and millions of users. Let's break down the basics of the token.
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## 1. Brief description of the token
SOL is the native asset of the Solana blockchain, created for ultra-fast and inexpensive transactions.
The network long debated: 'breakthrough or experiment?'. But in fact, it has become a home for DeFi, NFTs, meme tokens, and millions of users. Let's break down the basics of the token.
.
## 1. Brief description of the token
SOL is the native asset of the Solana blockchain, created for ultra-fast and inexpensive transactions.
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SOL
124.44
-4.54%
