$SOL

Solana (SOL) is a high-performance blockchain known for its speed, scalability, and low transaction costs. Launched in 2020, it uses a unique Proof-of-History (PoH) consensus mechanism combined with Proof-of-Stake (PoS) to process thousands of transactions per second. Solana has gained popularity for hosting decentralized applications (dApps), DeFi projects, and NFTs. Its ecosystem includes major platforms like Serum and Magic Eden. Despite facing network congestion issues, Solana remains a strong competitor to Ethereum due to its efficiency and developer-friendly environment. With growing adoption and institutional interest, SOL continues to be a key player in the blockchain space.