$SOL SOL coin is the native cryptocurrency of the Solana blockchain, a high-speed, decentralized platform designed for building scalable and efficient applications. SOL is used to pay for transaction fees, execute smart contracts, and participate in staking to help secure the network. Solana stands out for its unique Proof of History (PoH) combined with Proof of Stake (PoS), enabling it to process thousands of transactions per second at minimal cost. The SOL coin plays a vital role in the growing DeFi, NFT, and Web3 ecosystems. Known for its speed, low fees, and developer-friendly environment, SOL is a key player in the crypto world.