Solomon

Solomon PriceSOLO

₹73.236921
-₹2.863425-3.76%

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Solomon Price Today

Current SOLO/INR real-time price is ₹73.236921, with a 24-hour change rate of -3.76% and a 7-day change rate of -13.71%. SOLO currently ranks #959 globally by market cap, with a total market cap of ₹97.977614Cr, a fully diluted valuation (FDV) of ₹195.95587Cr, and a 24-hour trading volume of ₹97.743755L. In terms of supply, SOLO has a maximum supply of 2.58Cr, a current circulating supply of 1.29Cr, with 50.00% already in circulation and 50.00% remaining to be unlocked.

About Solomon

What is Solomon (SOLO)?

Solomon (SOLO) is a decentralized finance (DeFi) protocol built on the Solana blockchain, designed to provide a suite of financial services including lending, borrowing, and yield generation.

Key Takeaways

Solomon (SOLO) is a DeFi protocol on the Solana blockchain offering lending, borrowing, and yield farming services. It leverages Solana's high speed and low transaction costs to provide a scalable and efficient user experience. The protocol's native SOLO token is used for governance, staking, and fee discounts within its ecosystem. Solomon aims to contribute to the broader Solana DeFi ecosystem by providing accessible financial tools. Users can trade SOLO tokens on platforms like BTCC via spot or futures contracts.

What is Solomon? Key Specifications & Tokenomics

Solomon is a DeFi protocol that provides core financial services on the high-performance Solana network.

ItemDetails
Name (Ticker)Solomon (SOLO)
Alternative NamesSOLO
Consensus MechanismProof of History (PoH) / Proof of Stake (PoS) (via the underlying Solana blockchain)
Smart ContractsYes, built on Solana
CategoryDeFi, Lending & Borrowing
Hash AlgorithmSHA-256 (via Solana's architecture)
Block RewardN/A (Protocol-specific rewards are generated from platform fees and incentives)
Max Supply1,000,000,000 SOLO
TPSBenefits from Solana's high throughput (theoretical 65,000+ TPS)
Scaling SolutionNative to Solana, which uses technologies like Proof of History and Gulf Stream for scalability
BlockchainSolana

Who Created Solomon (SOLO)?

The Solomon protocol was developed by a team focused on building within the Solana ecosystem. While specific founder identities are often less emphasized in decentralized projects, the development is typically guided by a core team and a decentralized autonomous organization (DAO) structure. The project's goal is to expand the utility and accessibility of DeFi on Solana by offering a user-friendly platform for lending and yield generation. The team behind Solomon prioritizes security audits and community-driven development to ensure the protocol's reliability and growth.

How Does Solomon (SOLO) Work?

Solomon operates as a liquidity market protocol on Solana. It allows users to deposit their crypto assets into liquidity pools to earn interest, while other users can borrow these assets by providing collateral. The protocol uses smart contracts to automate these processes, determining interest rates algorithmically based on the supply and demand for each asset. Key mechanics include: Lending: Users deposit supported tokens (like SOL, USDC) into pools to earn a passive yield. Borrowing: Users can take out loans by locking up collateral, often at a loan-to-value (LTV) ratio set by the protocol. SOLO Token Utility: The native SOLO token is integrated into the ecosystem for governance voting, staking for rewards, and receiving discounts on protocol fees. By building on Solana, Solomon benefits from fast transaction finality and low fees, making frequent interactions with the protocol cost-effective.

What Makes Solomon (SOLO) Unique and Valuable

Solomon's primary value proposition lies in its integration with the Solana blockchain, which offers significant technical advantages for DeFi applications. High Performance: Utilizing Solana's high throughput and low latency allows for a smooth user experience without the network congestion and high gas fees common on other blockchains. Focused DeFi Suite: It provides essential DeFi services, lending and borrowing, in a streamlined package, catering to users looking for yield or leverage within the Solana ecosystem. Native Token Integration: The SOLO token is designed to create an aligned ecosystem. Holders can participate in governance, influence protocol upgrades, and stake their tokens to earn a share of platform revenue, fostering long-term community engagement. Ecosystem Synergy: As part of the broader Solana DeFi landscape, Solomon contributes to and benefits from the network effects of a growing ecosystem of applications and total value locked (TVL).

What is Solomon (SOLO) Used For?

The SOLO token and the Solomon protocol serve several interconnected purposes within its financial ecosystem. Governance: SOLO token holders can propose and vote on changes to the protocol's parameters, such as interest rate models, supported assets, or fee structures. Staking & Rewards: Users can stake their SOLO tokens to earn additional rewards, typically paid out in more SOLO or a portion of the protocol's generated fees. Fee Discounts: Using SOLO tokens to pay for transaction fees on the platform may grant users a discount, incentivizing token utility. Access to Financial Services: The underlying protocol is used for decentralized lending (to earn interest) and borrowing (to access liquidity without selling assets).

How to Buy SOLO Coin?

SOLO is a cryptocurrency available on several exchanges. For a secure and liquid trading experience, we recommend using a major platform like BTCC. Register a BTCC Account: Sign up with your email or phone number and complete the KYC verification to access all platform features and benefits. Deposit Funds: Add fiat currency (via bank transfer, card, or third-party payment) or transfer USDT from an external wallet into your BTCC account. Start Trading: Navigate to the trading section and search for the spot trading pair SOLO/USDT or the futures contract SOLOUSDT. Place an Order: Enter the amount of SOLO you wish to purchase and submit your order. For futures trading, you can also choose to go short (sell) and adjust leverage according to your strategy. Confirm Your Purchase: For spot trades, check your wallet balance to confirm the tokens have been deposited. For futures, check your open positions on the trading page.

How to Buy and Use Solomon

Purchase Guide

Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)

  1. 1Register AccountUse email or phone number to quickly complete BTCC registration in under 1 minute.
  2. 2Identity VerificationComplete basic KYC verification to protect your account and assets.
  3. 3Quick TradeSupports credit cards, online banking and other quick purchase methods.
  4. 4Receive CoinsSolomon is instantly credited to your BTCC account, ready for trading at any time.

Related Trading

Choose Solomon products that suit your trading style

Thank you for your interest in BTCC. Currently, spot and futures trading services for SOLO are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.

Solomon FAQs

How does staking USDv for sUSDv and SOLO's yield distribution model affect SOLO supply and price?

Solomon (SOLO) sits at the centre of the Solomon Labs stablecoin system on Solana. Users stake USDv for sUSDv permissionlessly, and sUSDv accrues the yield captured by the protocol's basis strategy. Distributions are dripped to the staking contract multiple times a week, which keeps flows smooth and prevents front running.

Because SOLO has a fixed max supply of 2.58Cr and a circulating supply of 1.29Cr, staking does not mint new SOLO tokens. Instead, demand for SOLO is tied to adoption of USDv, sUSDv and the Yield-as-a-Service stream. As more capital flows into the system, the need to hold and use SOLO for governance, incentives and ecosystem access can rise, which may support its long-term price. Yield drips also reduce sudden sell pressure, helping stabilise SOLO around its market value.

How do Solomon's network upgrades and USDv stablecoin ecosystem growth impact SOLO's value?

Solomon's core product is USDv, a Solana-native dollar kept at $1 via two-way market making, plus sUSDv for staking and the Yield-as-a-Service (YaaS) stream. As these components integrate into wallets, LP inventories, collateral, treasuries and payments, demand for Solomon (SOLO) can grow because SOLO is the ecosystem token tied to Solomon Labs.

Network upgrades and audits matter too: Solana programs are audited and restricted to custody transfers only, custody is segregated with Ceffu and insured, and admin operations use Squads multisig. These measures raise trust, which can attract more USDv deposits and basis-strategy activity. Higher TVL and yield flows may increase SOLO's utility and liquidity, supporting its price over time. However, SOLO remains volatile, so ecosystem growth does not guarantee price appreciation.

Will a SOLO spot ETF or rising institutional adoption of Solomon's yield products drive SOLO price?

A spot ETF would let traditional investors gain exposure to Solomon (SOLO) through regulated brokerage accounts, without managing wallets or private keys. For an emerging asset like SOLO, such a vehicle could improve liquidity, legitimacy and the price floor by creating steady institutional inflows.

Even without an ETF, rising institutional adoption of Solomon's yield products could matter. USDv and sUSDv are designed for treasuries, collateral and payment flows, and the permissioned Yield-as-a-Service stream delivers yield while USDv stays at par. If banks, funds or fintechs integrate these products, demand for SOLO as the ecosystem token may increase. That said, SOLO is a small-cap asset with a circulating supply of 1.29Cr, so inflows can amplify both upside and downside volatility.

SOLO vs BTC: how does Solomon's stablecoin yield model compare to Bitcoin as a store of value?

Solomon (SOLO) and Bitcoin (BTC) serve very different roles. SOLO powers Solomon's stablecoin system on Solana, where USDv stays at $1 via two-way market making and sUSDv accrues yield from a basis strategy. BTC is a decentralised store of value with a fixed 21 million supply and no native yield.

DimensionSolomon (SOLO)Bitcoin (BTC)
Core PositioningYield-bearing stablecoin ecosystem tokenDigital store of value
Supply ModelMax 2.58Cr, circulating 1.29CrFixed 21M cap
ConsensusSolana PoS + audited programsProof of Work
Main Use CasesUSDv, sUSDv, YaaS, DeFi collateralPayments, reserve asset

BTC offers scarcity and deep liquidity; SOLO offers yield and composability but higher volatility.

How do I set stop-loss and take-profit orders when trading SOLO futures?

On BTCC, you can attach stop-loss (SL) and take-profit (TP) orders to any SOLO/USDT perpetual contract position. These orders help you manage risk and lock in gains automatically.

  • Long position: place your SL below a key support level, the recent swing low, or a moving average you are using. Set your TP near a known resistance zone or a measured target.
  • Short position: place your SL above a key resistance level. Set your TP near a support zone where price may bounce.
  • Trailing stop: use BTCC's trailing stop to lock in profits as price moves in your favour. You can also move your SL to break-even once the trade is in profit.

Always confirm the trigger price and order type before submitting, and remember that leverage magnifies both gains and losses.

What is Solomon (SOLO)'s current price, market cap, and 24-hour trading volume?

The current price of Solomon (SOLO) is ₹73.236921, with a market cap of ₹97.977614Cr and 24h trading volume of ₹97.743755L. The circulating supply is 1.29Cr (max supply 2.58Cr).

These figures update in real time as the market moves. For the most accurate live data, including the order book, funding rate and open interest, visit the SOLO/USDT perpetual contract page on BTCC. There you can also compare spot and futures pricing and plan your trades with the latest market depth.

What are the core drivers of Solomon (SOLO)'s price movement?

Solomon (SOLO) is tied to Solomon Labs' stablecoin system on Solana, so its price responds to several layers of drivers:

  • Supply side: staking lock-up of USDv into sUSDv, the protocol's yield distribution schedule, exchange reserves, and the fixed max supply of 2.58Cr versus circulating supply of 1.29Cr.
  • Ecosystem: total value locked in USDv, sUSDv and YaaS, Solana DeFi activity, and adoption in wallets, LP inventories, collateral, treasuries and payments.
  • Macro: Federal Reserve rate decisions, global liquidity conditions, ETF net flows into crypto, and regulatory developments affecting stablecoins and Solana-based assets.

Because SOLO is a small-cap token, these factors can amplify price swings in both directions.

What are Solomon (SOLO)'s all-time high and all-time low prices?

The all-time high of Solomon (SOLO) is ₹135.769638, reached on 2025-12-04 01:05; the all-time low is ₹44.957929, recorded on 2026-02-05 20:50.

These extremes help traders gauge the historical range and volatility of SOLO. You can inspect the full-cycle chart on BTCC to see how price behaved around those levels, including volume spikes and trend reversals. Past performance does not guarantee future results, so always use risk management when trading SOLO/USDT perpetual contracts.

How do I read SOLO candlestick charts for futures trading?

Reading Solomon (SOLO) candlesticks on BTCC starts with the basics:

  • Candle anatomy: each candle shows open, high, low and close. The body is the range between open and close; the wicks show the extremes.
  • Support and resistance: horizontal zones where price has repeatedly reversed or stalled. These are key areas for entries, stops and targets.
  • Moving averages: MA and EMA lines smooth price and show trend direction. Price above a rising MA often signals an uptrend.
  • RSI: above 70 is typically overbought, below 30 oversold. Use it with trend context, not alone.
  • Volume: a breakout with rising volume is more reliable than one on low volume.

Combine these signals before trading SOLO/USDT perpetuals.

How can I profit when Solomon (SOLO) price drops using short selling?

You can short Solomon (SOLO) without holding spot by using BTCC's SOLO/USDT perpetual contracts. The idea is simple: open a short position at a high price, then close it (buy back) at a lower price to lock in the price-difference profit.

This gives you a two-way trading opportunity. In bear markets or during pullbacks, shorting lets you potentially profit from downward moves instead of waiting for a rally. BTCC supports long and short positions with flexible leverage, plus stop-loss and take-profit orders to manage risk. Remember that shorting with leverage magnifies losses if price rises against you, so always set a stop-loss and size your position carefully.

Can I trade SOLO perpetual contracts with high leverage on BTCC?

Yes. BTCC offers flexible leverage on Solomon (SOLO) perpetual contracts, up to 50x on the SOLO/USDT pair, subject to platform risk rules and your account tier.

Leverage magnifies both gains and losses, so a small adverse move can trigger liquidation if you are over-leveraged. Beginners should start at 2x–10x and always use a strict stop-loss. More experienced traders can adjust leverage based on volatility and position size. Before going live, you can practice on BTCC's demo account with virtual funds to test leverage settings, order types and risk controls in a risk-free environment.

How do I practice SOLO trading with a free demo account?

After registering on BTCC, you can switch to "Demo Trading" mode and receive virtual funds, such as 100,000 USDT, to practice without risking real capital. The demo account uses real Solomon (SOLO) market data, so prices, order books and funding rates reflect live conditions.

You can practice adjusting leverage, placing market and limit orders, and setting take-profit and stop-loss orders on SOLO/USDT perpetual contracts. This is a safe way to learn how margin, liquidation and trailing stops work before trading with real funds. Once you are comfortable, you can switch back to your live account and apply the same strategy with proper risk management.

How do I buy and trade Solomon (SOLO) step by step?

Here is a simple four-step guide to buy and trade Solomon (SOLO) on BTCC:

  1. Register on BTCC and complete KYC verification.
  2. Deposit USDT via card or an external wallet.
  3. Go to the SOLO/USDT perpetual contract page.
  4. Set your margin mode and leverage, choose Long or Short, set stop-loss and take-profit orders, then confirm the order.

BTCC supports up to 50x leverage on SOLO/USDT perpetuals, subject to platform risk rules. Always start with a small position and a strict stop-loss, and consider practicing on the demo account first if you are new to futures trading.

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