$SOL – The Powerhouse of Scalable Blockchain

$SOL is the native cryptocurrency of the Solana blockchain, a high-performance, decentralized platform designed for scalability and speed. Unlike many other blockchains, Solana uses a unique consensus mechanism called Proof of History (PoH), combined with Proof of Stake (PoS), allowing it to process thousands of transactions per second with minimal fees. This makes it an attractive choice for developers building DeFi platforms, NFT marketplaces, and Web3 applications. Solana has gained massive popularity due to its low latency and developer-friendly ecosystem. Despite facing outages in the past, recent upgrades have improved its stability. With growing adoption, strategic partnerships, and an expanding ecosystem, remains one of the most promising Layer-1 blockchain tokens in the crypto space, often dubbed an “Ethereum killer.”