$SOL Solana ($SOL) is a high-performance blockchain platform designed for decentralized applications and crypto projects. Known for its incredible speed and low transaction costs, Solana can process thousands of transactions per second, making it one of the fastest blockchains in the industry. Its unique proof-of-history (PoH) combined with proof-of-stake (PoS) consensus mechanism ensures both scalability and security. $SOL, the native token, is used for transaction fees, staking, and participating in network governance