$SOL $SOL is the native cryptocurrency of the Solana blockchain, known for its high-speed transactions and low fees. Designed to support decentralized applications (dApps) and smart contracts, Solana has gained massive popularity among developers and investors. Unlike other blockchains, Solana uses a unique Proof of History (PoH) mechanism combined with Proof of Stake (PoS), enabling it to process thousands of transactions per second. Despite facing network outages in the past, Solana continues to evolve and attract new projects, including NFTs, DeFi platforms, and Web3 innovations. As the ecosystem grows, $SOL remains a key player in the crypto space.
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