Sanctum (CLOUD) price

CLOUD is the token of Sanctum, a project built on the Solana network. It is a token issued on Solana, not the coin of its own blockchain. Sanctum belongs to the liquid staking infrastructure category: it is known as a platform for liquid staking tokens (LSTs) on Solana. These tokens let users stake SOL while still using it in DeFi. The product is aimed at validators, wallet and protocol developers, and SOL holders.

Sanctum does not run its own network. It relies on Solana's staking, where consensus is based on proof of stake (PoS). The project's idea is to connect different LSTs and make them interchangeable, instead of leaving each one in a separate pool with its own liquidity. In projects like this, a token such as CLOUD usually serves as a governance asset and a way to align the interests of the ecosystem's participants. The exact set of token functions should be checked in the project's documentation, since our data contains no description or website link.

Supply is capped: the maximum is 1 billion CLOUD. About 498.7 million tokens are in circulation, roughly half of the cap, and total supply is about 740.7 million. For a holder this means a significant share of tokens has not yet reached the market. Unlock schedules and the allocation between team, investors and community affect how supply develops.

What to watch and the risks. The project depends entirely on Solana: network outages, changes to its staking, or falling interest in liquid staking directly affect its usage. The niche has competitors, and market share can be tracked through the volume of staked SOL. Watch the unlock schedule and where CLOUD is actually used. This is reference information, not investment advice.