$SOL Solana (SOL) is a high-performance blockchain platform designed for decentralized applications and crypto projects. Launched in 2020, it aims to provide fast, secure, and scalable solutions, processing thousands of transactions per second at low fees. Its unique consensus mechanism, called Proof of History (PoH), allows for efficient transaction verification and enhances overall network speed. Solana has gained popularity for supporting various DeFi applications, NFT platforms, and Web3 projects. The growing ecosystem and strong developer community contribute to its increasing adoption. As of 2025, SOL continues to be a prominent player in the cryptocurrency landscape, attracting both users and investors alike.