Solana (SOL) – Fast, Scalable, and Low-Cost Blockchain
Solana is a high-performance blockchain known for its blazing-fast transactions and low fees. It can handle over 65,000 transactions per second, making it ideal for DeFi, NFTs, gaming, and Web3 apps. Its unique Proof-of-History (PoH) mechanism sets it apart from other networks by ensuring speed without sacrificing security.
Utility of Solana:
Powering decentralized apps (dApps)
Hosting NFT marketplaces like Magic Eden
Enabling fast DeFi transactions
Fueling Web3 projects and games
Used as gas for transaction fees
Solana is the go-to chain for developers who value speed and scalability.
