SOLO Token Overview

Sologenic was founded in 2019 by Reza Bashash and Bob Ras, who also founded Coreum Blockchain in 2018. Located in Dubai, UAE, Sologenic is a leader in the global tokenization solutions field, with the core goal of breaking down barriers between traditional finance and cryptocurrencies to make financial services more inclusive.

Image source:https://www.sologenic.com/

In its development journey, on February 5, 2020, Sologenic launched the decentralized SOLO wallet application, which supports SOLO, XRP, and tokenized assets. The app is available on both the App Store and Google Play. Since then, the project has continued to drive innovation, committed to building the infrastructure needed for mass adoption of cryptocurrencies. Sologenic also established the Sologenic Community Fund (SCF) to support the growth of blockchain and cryptocurrency ecosystems, such as funding decentralized community projects, organizing community events, and responding to emergencies. Its first funded project was Sologenic’s XRP bounty program.

Sologenic simplifies the asset tokenization process and provides CBDC consulting services for global financial institutions, helping them efficiently integrate digital assets. Within the Sologenic ecosystem, tokenization services are divided into two types: services exclusively developed by Core Tech Lab and provided on sologenic.com, and decentralized services maintained by the Sologenic Development Foundation (i.e., the SOLO core team) and presented on sologenic.org. The latter are operated by independent developers focused on various open-source projects and SOLO token-related use cases. Although both are under the Sologenic umbrella, they operate independently, working together toward a more inclusive and efficient financial future.

Image Source:https://www.sologenic.com/

As the native utility token of the Sologenic ecosystem, SOLO plays a pivotal role. Issued based on the XRP Ledger, it enables near-instant liquidity transfers, laying a solid foundation for the trading of non-blockchain assets on the platform. SOLO token holders enjoy various benefits: discounted trading fees, participation in the Liquidity Provider Reward Program (LPRP), and rewards for providing liquidity to transactions. Additionally, SOLO holders can apply for a SOLO card, allowing them to spend cryptocurrencies globally while enjoying benefits such as monthly cashback, exclusive events, and discounts at specific hotels and services. Based on the amount of SOLO held in users’ wallets, different tiers with corresponding benefits are designated.

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The total supply of SOLO tokens is 400 million, with carefully planned allocations to drive the project’s ecosystem development. The team reserve accounts for 35%, aimed at incentivizing core members for long-term project commitment, with a 36-month lock-up period to prevent short-term sell-offs impacting the market. The VIP pre-sale makes up 5%, offering early key investors a chance to participate without lock-up restrictions, allowing quick fund recovery to support project initiation. Public sale (IEO) accounts for 10%, targeting the broader general investor base, also with no lock-up, helping expand the investor community. Liquidity and operations account for 15%, ensuring stable daily platform operations and maintaining token liquidity in the market. The community fund comprises 20%, used for community events, rewarding contributors, and enhancing community cohesion and engagement. The expansion fund accounts for 15%, reserved for future business expansion, technology upgrades, and other long-term strategic developments.

SOLO Historical Price Analysis

Since the launch of the SOLO token in January 2018, its price has experienced dramatic fluctuations. Initially, due to the innovation of the project and the novelty of the market, the price of the SOLO token quickly surged, rising from an initial price of $0.018 to $0.07 within a month, an increase of nearly 3 times. However, this rapid rise did not last long, and the price then significantly declined, dropping to as low as $0.008. The main reason for this volatile price fluctuation in this stage is that the market’s understanding of new projects is not yet stable, and investor sentiment is easily influenced by market news and short-term speculation.

Gate SOLO spot trading address:https://www.gate.io/trade/SOLO_USDT

During the period of 2019-2020, the entire cryptocurrency market was in a phase of cyclical adjustment, and the price of the SOLO token was also significantly affected. In 2019, with the overall recovery of the cryptocurrency market, the price of the SOLO token rose, reaching as high as $0.046. However, due to increased market competition and uncertainty in the macroeconomic environment, the price subsequently fell again, maintaining a lower level of around $0.01. In 2020, despite a slight recovery in the overall cryptocurrency market, the price of the SOLO token only briefly rose to $0.045, and quickly fell back to its original level. The price trend during this period reflects the sensitivity of the SOLO token to market cyclical fluctuations and the challenges it faces in the competitive cryptocurrency market.

In 2021, it was a bull market year for the cryptocurrency market, and the price of the SOLO token also reached a peak. Driven by the overall optimistic sentiment in the market and the continuous progress of the Sologenic project, such as platform optimization and the addition of partners, the price of the SOLO token showed a gradual upward trend, reaching a peak of over $6.55, setting a new historical high. However, as the bull market ended, the cryptocurrency market entered a period of adjustment, and the price of the SOLO token also began to fall sharply. As of April 26, 2025, the SOLO price was $0.23, a significant drop from the historical high. The significant fluctuations in the price during this period fully reflect the high risk and uncertainty of the cryptocurrency market, while also reflecting the close correlation between the price of the SOLO token and the overall market situation.

Factors affecting SOLO price

The price of SOLO token is influenced by various factors, covering the project’s own development, market supply and demand, macroeconomic environment, and industry competitive situation, among other aspects. These factors intertwine with each other, shaping the price trend of the SOLO token.

(1) Project Progress and Innovation: The Sologenic platform has launched new features, such as optimizing the trading engine and introducing cross-chain trading functionality, to enhance user experience and platform competitiveness, attract more users, increase demand for the SOLO token, and drive up prices. If the project encounters development obstacles, technical upgrade delays, or security vulnerabilities, it will cause investor concerns, lead to a decrease in market confidence, and put downward pressure on the price of the SOLO token.

(2) Market Supply and Demand: On the demand side, as the Sologenic ecosystem develops, more users participate in platform trading, governance, and liquidity mining, increasing the demand for the SOLO token. If the application scenarios expand and more traditional financial institutions or emerging blockchain projects cooperate, the user base will expand, and the demand will also increase accordingly. On the supply side, the total supply of SOLO tokens is limited, and its circulation is influenced by the project’s release strategy, user holding intentions, and trading activity. If the project reduces the release amount or users hold for the long term without trading, the circulation decreases. When the demand remains the same or increases, the price may rise; conversely, if a large number of tokens are sold, increasing the supply, the price may fall.

(3) Partner Relationships: Establishing partnerships with well-known blockchain projects, financial institutions, or enterprises can enhance the visibility and market acceptance of SOLO tokens. Collaborating with major cryptocurrency exchanges can expand trading channels, increase market exposure, attract more investors to purchase; cooperating with traditional financial institutions to launch innovative financial services can expand the application scenarios of SOLO tokens, enhance intrinsic value, and drive price appreciation.

(4) Macroeconomic situation: Global economy is unstable, such as intensifying inflation and economic downturn, investors will seek safe-haven assets, some funds flow into the cryptocurrency market, which may drive up the price of SOLO token. During economic prosperity, investors tend to favor traditional investment areas, funds flow out of the cryptocurrency market, and the price of SOLO token may decline.

(5) Overall Cryptocurrency Market Trends: The price trends of major cryptocurrencies like Bitcoin guide the entire crypto market. Bitcoin’s price increases foster optimism, boosting confidence in other cryptocurrencies, possibly leading to SOLO price gains; Bitcoin’s decline can drag the entire market into a bear phase, negatively affecting SOLO’s price. Additionally, market liquidity, investor sentiment, and emerging hotspots also impact SOLO prices.

(6) Regulatory policy changes: Different countries have different regulatory policies towards cryptocurrency. Loose policies encourage innovation, benefit the development of the cryptocurrency industry, and drive up the price of SOLO tokens; strict regulations and restrictions on cryptocurrency trading can lead to market panic and cause the price of SOLO tokens to fall.

(7) Industry Competition: The competition in the cryptocurrency field is intense, and the appearance of new similar projects will disperse market funds and users. If other projects provide more advantageous services and token economic models, some users and investors may turn to these projects, reducing the demand for the SOLO token and affecting its price.

SOLO Price Prediction

(1) Short-term price prediction (next 1-2 years)

Optimistic scenario: If the Sologenic project can progress smoothly as planned and successfully launch multiple important functions within the next 1-2 years, such as more comprehensive cross-chain trading functions, partnerships with more mainstream financial institutions, it is expected to attract a large number of new users to join the platform, significantly increasing the demand for the SOLO token. At the same time, if the overall cryptocurrency market remains stable or enters a new bull market, the price of the SOLO token is expected to reach $0.37 by the end of 2025 and may rise to $0.5 by the end of 2026. Assuming the project progresses smoothly but the market environment does not significantly improve, the price of the SOLO token may steadily increase on the existing basis. However, if there are delays in the project development or major technical challenges arise, while the cryptocurrency market enters a bear market, the price of the SOLO token may face downward pressure.

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(2) Mid-term Price Prediction (Next 3 - 5 Years)

In the next 3-5 years, as the project develops steadily, the market’s understanding of the SOLO token may gradually deepen, and its price may steadily rise with the overall growth of the market. If the Sologenic ecosystem continues to expand and becomes a globally renowned DeFi platform, the application scenarios for the SOLO token will be greatly expanded, deeply integrating with traditional finance. It is expected that its price will experience explosive growth. By 20287, the price may exceed 1 US dollar.

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(3) Long-term price prediction (5-10 years in the future)

In the long term, if blockchain technology is widely adopted and DeFi becomes an important part of the global financial system, Sologenic, with its first-mover advantage and continuous innovation, is expected to become a leader in the industry. In this case, the price of the SOLO token may experience exponential growth.

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Risk Warning

Overall, the price prediction of the SOLO token has a high level of uncertainty, and its future trend depends on the combined effect of multiple factors. From the project itself, continuous technological innovation, expansion of application scenarios, and good market operations are key factors driving price increases. External factors such as market supply and demand, macroeconomic environment, and overall trends in the cryptocurrency market will also have a significant impact on prices. When considering investing in the SOLO token, investors should fully understand the project’s fundamentals, comprehensively analyze various risk factors, and make rational decisions based on their own risk tolerance and investment goals.