$SOL is the native cryptocurrency of Solana, a high-performance blockchain known for its speed, scalability, and low transaction fees. Designed to support decentralized apps (dApps), NFTs, and DeFi, Solana can process thousands of transactions per second using its unique Proof of History (PoH) combined with Proof of Stake (PoS) consensus. #SOL is used for transaction fees, staking, and governance within the Solana ecosystem. Its growing popularity stems from fast execution times and developer-friendly tools, making it a top choice for Web3 projects. As the Solana network expands, #SOL plays a crucial role in powering the future of decentralized innovation.
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