Memecoins, airdrops and the intention to trade

Classical zakat draws a line between wealth held for use and wealth held for trade. A house you live in is not zakatable; the same house bought to resell is. The category is set by intention, and intention is why two identical token balances can be treated differently.

Held to sell

Nearly every token in a Solana wallet is held to sell — eventually, at a better price. That is trade goods, and trade goods are valued at market on the day the hawl completes. Not what you paid, not what you hope for: what it is worth that day.

Which means an unrealised gain is zakatable. 2.5% of a position you never sold is still due, and a position that has fallen is counted at the lower figure. The report values the wallet the market values it, in both directions.

Airdrops you never asked for

An airdrop is wealth that arrived. If it has a price and a route to sell, it counts from the moment you can dispose of it. Claiming it later does not reset anything, and neither does leaving it untouched.

• Priced and sellable — counted at market, like everything else.
• Unsellable, no liquidity, no route — no defensible value, so it sits in the dust line until that changes.
• Locked or vesting — counted when it becomes yours to move, not when it was announced.