$SOL *$SOL* is the native cryptocurrency of the *Solana blockchain*, known for its *high speed, low fees*, and scalability.
🔹 Key Facts:
- *Network*: Solana
- *Token Use*:
- Pay for gas fees
- Staking
- Governance (in future upgrades)
- NFT & DeFi transactions
⚡ Why It Stands Out:
- *Throughput*: 65,000+ TPS (theoretical)
- *Finality*: ~400ms
- *Consensus*: Proof of History + Proof of Stake
- *Low Fees*: Fractions of a cent per transaction
🧠 Ecosystem:
- *DeFi*: Jupiter, Marinade, Drift
- *NFTs*: Magic Eden, Tensor
- *Infra*: Phantom Wallet, Solana Mobile (Saga/X)
💡 2025 Trends:
- Solana is gaining attention for its *fast-growing app ecosystem*, *mobile-first tools*, and *low-cost scalability* compared to Ethereum.