$SOL Solana (SOL) is a high-performance blockchain platform designed for decentralized applications (dApps) and crypto projects. It aims to offer fast, low-cost, and scalable transactions through its unique consensus mechanism, Proof of History (PoH), combined with Proof of Stake (PoS). Solana is known for its high throughput, capable of handling thousands of transactions per second (TPS), making it suitable for use cases such as decentralized finance (DeFi), non-fungible tokens (NFTs), and more. Its native token, SOL, is used for transaction fees, staking, and governance within the network. Solana has gained significant attention for its rapid growth and scalability, positioning it as a competitor to Ethereum.