🚀🚀Solana (SOL)

It is a protocol designed for the creation of decentralized finance applications. The token was created by Anatoly Yakovenko, a former software engineer at Dropbox, and Greg Fitzgerald in 2017. The cryptocurrency has different uses, allowing for the execution of smart contracts, the sending of transactions, and the participation of various actors in the ecosystem. The Solana Foundation, located in Geneva, Switzerland, is responsible for supporting the growth of the cryptocurrency network.

Solana uses a hybrid protocol. This operates with the traditional proof-of-stake algorithm and a proprietary technology called proof of history. This combined nature allows for lower transaction costs on the network, as well as greater scalability. Due to its higher processing speed, the coin has great intrinsic value for developers and institutional clients.