$SOL Solana is like the speed demon of the crypto world. While Bitcoin can process about 7 transactions per second and Ethereum manages around 30, Solana boasts the ability to handle up to 65,000 transactions per second—with near-zero fees. It achieves this using a unique consensus mechanism called Proof of History (PoH), which acts like a cryptographic clock to keep the network super-efficient and in sync.

This speed and scalability have made Solana a popular choice for DeFi apps, NFT platforms, and even blockchain gaming, with major projects like Magic Eden (NFTs) and StepN (move-to-earn) thriving on it.