The SOL token serves as the primary digital currency of the Solana blockchain network and finds utility across various functions within the Solana ecosystem, which include:

1. Transaction fees: Just like with other blockchain networks, users must pay a small fee in SOL to conduct transactions on the Solana network.

1. Staking: SOL holders can stake their tokens to help secure the network and earn rewards in return.

1. Governance: SOL holders can participate in on-chain governance by voting on proposals and decisions related to the Solana network.

1. Incentives: Projects that build on the Solana blockchain may use SOL as a means of incentivizing users to participate in their ecosystem, such as through liquidity provision or other activities.

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