Someone in the 100 Days of Solana community asked a question last week that needs to be addressed: "What gives SOL its value?" You have been using SOL in every challenge. You airdropped it, checked your balance, and you are about to start sending it in Arc 3. But where does the value actually come from? Is it just numbers on a screen? I understand why people think that. Let’s break it down. Liquidity: Where price comes from The first thing to understand is that for a token to have purchasing power, there needs to be liquidity. This means there are people or pools willing to trade real assets, such as fiat or stablecoins, for that token. That liquidity is what allows a market price to exist. Think of it like converting currencies at an airport. You hand over dollars, and you get euros. The value isn't created in that moment; it is a transfer of value from one form to another. In Web3, liquidity is the bridge that connects digital assets to the broader economy.…