$SOL Solana ($SOL) is a high-performance blockchain known for its fast transaction speeds and low fees, making it a popular choice for decentralized apps (dApps), NFTs, and DeFi projects. Its unique proof-of-history (PoH) mechanism, combined with proof-of-stake (PoS), allows it to process thousands of transactions per second. In 2024–2025, $SOL experienced renewed investor interest due to network upgrades, increased developer activity, and broader adoption in Web3 applications. Despite previous setbacks like network outages and the FTX collapse, Solana has shown resilience. Its growing ecosystem and partnerships could position it as a key player in the future of blockchain infrastructure.