$SOL

Solana (SOL) is a high-performance blockchain platform designed for decentralized applications (dApps) and decentralized finance (DeFi) solutions. Launched in 2020 by Anatoly Yakovenko, Solana utilizes a unique combination of proof-of-stake (PoS) and proof-of-history (PoH) consensus mechanisms to achieve high throughput and scalability . The network can handle thousands of transactions per second with fees typically less than $0.0025, making it one of the fastest and most cost-effective blockchains available .

As of now, Solana's native token, SOL, is trading at approximately $146.70, with a market capitalization of around $75.9 billion . Solana's ecosystem supports a wide range of applications, including NFTs, gaming, and DeFi platforms, contributing to its growing adoption and prominence in the crypto space.