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44d 18h ago

Bhutan Unveils TER — World’s First Sovereign Gold-Backed Token on Solana (SOL) Blockchain for National Day 2025

SOL

SOL/USDT

$128.58
-1.21%
24h Volume

$2,915,381,820.98

24h H/L

$130.94 / $126.73

Change: $4.21 (3.32%)

Long/Short
81.9%
Long: 81.9%Short: 18.1%
Funding Rate

+0.0035%

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Data provided by COINOTAG DATALive data
Solana
Solana
Daily

$128.85

0.30%

Volume (24h): -

Resistance Levels
Resistance 3$171.5421
Resistance 2$135.6637
Resistance 1$129.2133
Price$128.85
Support 1$126.8467
Support 2$122.9318
Support 3$116.88
Pivot (PP):$128.6467
Trend:Downtrend
RSI (14):42.7

COINOTAG News confirms that Bhutanese officials used the Solana Breakpoint 2025 summit to underscore a crypto-friendly economy. The announcement highlights a milestone collaboration with the Solana ecosystem, signaling a policy path that blends digital-asset innovation with robust regulatory safeguards. Industry observers view the move as a credible step in Bhutan’s long-term plan to leverage blockchain for enhanced financial inclusion and international competitiveness.

Bhutan’s National Day, December 17, 2025, will mark the launch of the world’s first sovereign gold-backed token on the Solana blockchain. Named TER (treasure in Dzongkha), the token aims to be pegged 1:1 to Bhutan’s national gold reserves, with real-time auditable settlement and instant settlement SPL-token transfers. The rollout provides a transparent, collateral-backed instrument to support reserve management and digital-finance innovation.

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