$SOL

Sol is the native cryptocurrency of the Solana blockchain, a high-performance platform designed for decentralized applications and crypto projects. Known for its lightning-fast transaction speeds and low fees, Solana uses a unique consensus mechanism called Proof of History combined with Proof of Stake. This allows it to process thousands of transactions per second, making it ideal for DeFi, NFTs, and gaming. SOL is used to pay transaction fees, stake for network security, and participate in governance. Despite facing occasional outages, Solana remains popular among developers and investors for its scalability and growing ecosystem of decentralized apps and services.