#ETHRally Solana (SOL) is a high-performance blockchain platform designed for fast, scalable, and low-cost decentralized applications (dApps) and cryptocurrencies. Launched in 2020, Solana uses a unique Proof-of-History (PoH) combined with Proof-of-Stake (PoS) mechanism, enabling it to process over 65,000 transactions per second with minimal fees. It’s popular among developers for building DeFi platforms, NFT marketplaces, and gaming projects due to its speed and efficiency. Solana’s native token, SOL, is used for transaction fees, staking, and governance. Despite facing occasional network outages, Solana continues to grow as a strong competitor to Ethereum, attracting investors and projects seeking scalability and lower costs.