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Solana (SOL) and Sui (SUI) are high-performance Layer-1 blockchains designed for speed and scalability. Solana, launched in 2020, uses Proof of History (PoH) and Proof of Stake (PoS) to process up to 65,000 transactions per second at very low costs. It powers NFTs, DeFi, and gaming ecosystems, with SOL serving as its transaction, staking, and utility token. Sui, launched in 2023 by Mysten Labs, focuses on parallel transaction processing for near-instant finality. Its SUI token is used for gas fees, staking, and governance. Together, both platforms are reshaping Web3 with fast, cost-efficient solutions and strong developer communities.
