Decentralized and scalable. Its architecture relies on an innovative mechanism called Proof of History (PoH), integrated with Proof of Stake (PoS), allowing for high transaction speeds (up to 65,000 TPS) at low costs. Launched in 2020, Solana is attracting an increasing ecosystem of DeFi, NFT, and Web3 projects. Despite previous network outages, it remains a serious alternative to Ethereum in terms of scalability. Its native currency, SOL, is used for storage and transaction fees.
