$COAL stands out as the pioneering proof-of-work memecoin launched on Solana, featuring a capped token supply with built-in halving mechanics. At its core, $COAL powers two key functions: it's consumed during INGOT smelting processes and required to mint pickaxe licenses. These utility mechanisms give the token tangible use cases beyond speculation. The halving schedule creates natural scarcity dynamics, mirroring traditional PoW economics while operating within Solana's ecosystem. Whether you're smelting resources or acquiring tool licenses, $COAL remains integral to the protocol's operation.