$SOL

Solana is a high-performance blockchain

platform designed for decentralized applications and crypto projects. Launched in 2020, it offers fast transaction speeds and low costs due to its unique proof-of-history (PoH) consensus mechanism, combined with proof-of-stake (PoS). Solana can process over 65,000 transactions per second, making it one of the fastest blockchains in the industry. Its scalability has attracted developers building DeFi platforms, NFTs, and Web3 applications. Solana's native token, SOL, is used for transaction fees and staking. Despite experiencing network outages in the past, it remains a popular choice due to ongoing improvements and a strong developer community. As blockchain technology evolves, Solana continues to be a key player in shaping the future of decentralized systems.