$SOL
It is still suitable to enter from the current price and may break the peak.
Solana (SOL) is the native cryptocurrency of the Solana network, an open-source blockchain platform designed to host decentralized applications (dApps) and provide high performance and low costs. Here are the main advantages of SOL and the Solana network:
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✅ 1. High transaction speed
• Solana uses an innovative consensus mechanism known as Proof of History (PoH) along with Proof of Stake (PoS).
• It can process over 65,000 transactions per second (TPS), making it one of the fastest networks in the blockchain world.
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✅ 2. Low transaction fees
• Transaction fees on Solana are nearly nonexistent (usually less than $0.01), making it very attractive to users and developers.
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✅ 3. Scalability
• The Solana network can scale horizontally without the need for off-chain solutions (Layer 2), unlike many other networks like Ethereum.