How Web3 Tokens Get Their Value

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 pow