By July 2024, over 464 million Solana tokens were issued and in active circulation - but new coins arrive slowly. Although the cryptocurrency has an unlimited supply - unlike Bitcoin, of which there can only be 21 million tokens and not a single more - the Solana blockchain only issues a set amount of new tokens at the beginning of each year. This issuance is based off the year-to-year inflation rate, and can therefore vary. When SOL first launched, there was a maximum supply of around 500 million, but the blockchain burned (erased from the blockchain) 11 million of them. By December 2021, the maximum supply was around 510 million SOL.
Number of Solana (SOL) tokens in circulation from April 2020 to September 25, 2024
(in millions)
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CCData. (September 25, 2024). Number of Solana (SOL) tokens in circulation from April 2020 to September 25, 2024 (in millions) [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1280165/solana-circulating-supply/
CCData. "Number of Solana (SOL) tokens in circulation from April 2020 to September 25, 2024 (in millions)." Chart. September 25, 2024. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1280165/solana-circulating-supply/
CCData. (2024). Number of Solana (SOL) tokens in circulation from April 2020 to September 25, 2024 (in millions). Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1280165/solana-circulating-supply/
CCData. "Number of Solana (Sol) Tokens in Circulation from April 2020 to September 25, 2024 (in Millions)." Statista, Statista Inc., 25 Sep 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1280165/solana-circulating-supply/
CCData, Number of Solana (SOL) tokens in circulation from April 2020 to September 25, 2024 (in millions) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1280165/solana-circulating-supply/ (last visited November 13, 2024)
Number of Solana (SOL) tokens in circulation from April 2020 to September 25, 2024 (in millions) [Graph], CCData, September 25, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1280165/solana-circulating-supply/
