$SOL Solana (SOL) is a high-performance blockchain platform designed for fast, secure, and scalable decentralized applications (dApps). Known for its lightning-fast transaction speeds and low fees, Solana has become a strong competitor to Ethereum in the world of smart contracts and DeFi. The network uses a unique consensus mechanism called Proof of History (PoH), combined with Proof of Stake (PoS), to achieve high throughput and efficiency. SOL, the native token, is used for transaction fees and staking. As more projects build on Solana, its ecosystem continues to grow rapidly, attracting developers, investors, and users seeking a scalable blockchain solution.