$SOL

Solana is a high-performance blockchain platform designed for decentralized applications and cryptocurrencies. Launched in 2020, it is known for its fast transaction speeds and low fees, achieved through a unique consensus mechanism called Proof of History (PoH) combined with Proof of Stake (PoS). Solana can process thousands of transactions per second, making it one of the fastest blockchains in the industry. It supports smart contracts and is popular among developers for building DeFi platforms, NFTs, and Web3 applications. Despite occasional network outages, Solana remains a strong competitor to Ethereum and continues to attract significant investment and developer interest.