Market Cap vs. Fully Diluted Valuation: Read the Supply
Understand market capitalization, circulating supply, and fully diluted valuation with practical examples.
Read the field noteField Notes category
2 complementary guides for understanding tokens & networks without losing sight of assumptions or uncertainty.
Tokens can share a familiar display name while representing different mechanisms. This category examines the information underneath those labels: supply assumptions, native assets, mint identities, account relationships, and the meaning of a valuation. Begin with the market-cap article when a small unit price looks deceptively simple. Begin with the Solana guide when you need to understand what a mint or token account identifies. Both approaches start by defining the object being measured before interpreting the number attached to it.
A useful comparison preserves the network, exact representation, supply denominator, and observation time. Do not replace an unknown with zero or combine original assets with receipt tokens without deciding what the total should measure. The linked field notes use hypothetical arithmetic and read-only research workflows; they do not identify promising investments. Follow the internal links to individual reference profiles for examples of distinct asset types. Then return to the primary documentation relevant to your question. The objective is a record that can explain its own assumptions, including where the available evidence is incomplete.
The reading list
Understand market capitalization, circulating supply, and fully diluted valuation with practical examples.
Read the field noteUnderstand Solana mint addresses, token accounts, decimals, authorities, and the limits of balance information.
Read the field note