$SOL

Solana ($SOL) is a high-performance blockchain platform renowned for its speed, scalability, and low transaction costs. Utilizing a unique hybrid consensus mechanism—Proof-of-History (PoH) paired with Proof-of-Stake (PoS)—Solana processes over 65,000 transactions per second (TPS) with fees under $0.01. Designed for decentralized applications (dApps), DeFi, NFTs, and Web3 projects, it rivals Ethereum by prioritizing efficiency. Despite occasional network outages, SOL’s ecosystem thrives, supported by robust developer activity and institutional interest. As the native token, SOL facilitates staking, governance, and transaction fees. Ranked among top cryptocurrencies by market cap, Solana remains a key player in blockchain innovation, balancing rapid growth with technical challenges.