$SOL Solana (SOL) is a high-performance blockchain platform known for its lightning-fast transaction speeds and low fees. Designed to support scalable decentralized applications (dApps) and crypto projects, Solana uses a unique consensus mechanism called Proof of History (PoH), combined with Proof of Stake (PoS), enabling it to process over 65,000 transactions per second. SOL is the native token used for transaction fees, staking, and governance. The network has gained significant popularity for hosting NFTs, DeFi platforms, and Web3 innovations. With a growing developer community and ecosystem, Solana continues to challenge Ethereum as a leading smart contract blockchain in the crypto space.