$SOL Solana is known for its exceptional performance, offering high throughput with speeds exceeding 65,000 transactions per second (TPS) and extremely low fees (often less than $0.01). Its Proof of History (PoH) innovation enables fast and timestamped transaction processing, while Proof of Stake (PoS) ensures security and efficiency. Solana’s architecture is optimized for scalability, making it suitable for real-time applications like DeFi, NFTs, and Web3 games. However, the network has experienced periodic outages and congestion, raising concerns about reliability. Despite this, Solana remains one of the fastest and most cost-effective blockchains, with continuous upgrades improving uptime and ecosystem robustness.