$SOL
Sol coin came back
Sol coin go to moon
investment 2000 dollar go to million
Solana (SOL) is the native cryptocurrency of the Solana blockchain, a high-performance, decentralized blockchain designed for fast and low-cost transactions. Here’s a quick overview of SOL:
Solana (SOL) Overview
Symbol: SOL
Blockchain: Solana
Consensus Mechanism: Proof of History (PoH) + Proof of Stake (PoS)
Transaction Speed: Up to 65,000 TPS (transactions per second)
Block Time: ~400 milliseconds
Average Transaction Fee: Less than $0.01
Smart Contracts: Supports Rust, C, and C++ for development
Use Cases: DeFi, NFTs, gaming, payments, Web3 apps
Key Features of Solana
1. Scalability: Uses Proof of History (PoH) to increase speed and efficiency.
2. Low Fees: Extremely low gas fees compared to Ethereum.
3. NFT & DeFi Ecosystem: Home to Phantom Wallet, Magic Eden, Jupiter Exchange, and other dApps.
4. High Security & Decentralization: Uses multiple validator nodes for network security.