#solana Solana (SOL) is a high-performance blockchain platform designed for decentralized applications (DApps) and crypto projects. Launched in 2020 by Anatoly Yakovenko, Solana is known for its speed and low transaction costs, making it one of the fastest blockchains, capable of processing thousands of transactions per second. It uses a unique consensus mechanism called Proof of History (PoH) combined with Proof of Stake (PoS), ensuring high scalability and efficiency. Solana's native cryptocurrency, SOL, is used for transaction fees, staking, and governance. It supports a wide range of applications, including DeFi, NFTs, and gaming, positioning itself as a major player in the Web3 ecosystem.