$SOL $SOL is the native cryptocurrency of the Solana blockchain, known for its high speed and low-cost transactions. Solana uses a unique Proof of History (PoH) combined with Proof of Stake (PoS) to achieve scalability and efficiency, processing thousands of transactions per second. is used to pay for transaction fees, staking, and governance within the Solana ecosystem. It supports a wide range of decentralized applications (dApps), including DeFi, NFTs, and gaming platforms. Known for its developer-friendly environment, Solana has attracted major projects and communities. Despite facing occasional outages, remains a key player in the crypto space for its innovation and speed.