$SOL

Solana is a high-performance blockchain platform designed to support decentralized applications (dApps) and crypto projects. Known for its scalability, Solana uses a unique Proof of History (PoH) mechanism combined with Proof of Stake (PoS), enabling fast transaction processing at low costs. It can handle over 65,000 transactions per second, making it one of the fastest blockchain networks. Solana’s native cryptocurrency, SOL, is used for transaction fees, staking, and governance within the ecosystem. Popular for hosting decentralized finance (DeFi) platforms, non-fungible tokens (NFTs), and Web3 projects, Solana has become a strong competitor to Ethereum in the blockchain space.