A “bag” is a casual crypto slang term for a collection or stash of coins/tokens that a user owns, often representing a significant portion of their portfolio or a single project’s allocation. The bag can be built gradually through trading, airdrops, staking rewards, or yield farming, and its size/quality is a point of pride (or sometimes frustration) among traders. The term also carries the nuanced meaning of a “bagholder,” referring to someone still holding their tokens despite sharp declines or low liquidity, often hoping for a resurgence in price. Keeping track of and maximizing your bag is essential for Solana traders using DeFi protocols, meme coins, or airdrop strategies.
How It Works
Bags are actively tracked through portfolio apps, bots, or trading interfaces. Users acquire and stack (accumulate) bags across multiple DeFi platforms (e.g., staking SOL in Marinade for mSOL, lending/borrowing on Kamino, or joining liquidity pools). Once acquired, you can view, sell, or manage your entire bag or partial allocations directly from Solana trading bots (Bonkbot, BullX, Solgun) or wallet interfaces, often in just one click.
Bag in Solana’s Ecosystem
Solana’s meme coin rush and airdrop culture puts heavy focus on building and growing “bags” with protocols designed for on-chain trading, holding, and compounding rewards (e.g., Marinade, Kamino, Bonkbot, Bags mobile app). Applications like Bags offer trading, portfolio viewing, and social community features to let users track and optimize their hottest bags. Defensive tools like Sol Incinerator help burn unwanted tokens and declutter your bag.
🔑 Key points
“Bag” = your holding/portfolio of one or more tokens, sometimes a specific asset in size.
Heavily used in crypto slang, often denotes meme coins, airdrop tokens, or early buys.
"Bagholder" can imply holding through major price drops, often unwilling to sell at a loss.
Managing bags is central to trading, farming, airdrop participation, and DeFi positioning on Solana.