$SOL Speed: Solana can handle over 65,000 transactions per second (TPS) with low latency.
Low Fees: Transaction costs on Solana are minimal, making it cost-effective for developers and users.
Scalability: Its unique Proof of History (PoH) mechanism allows it to scale without compromising speed or decentralization.
2. Use Cases:
DeFi (Decentralized Finance): Solana powers DeFi platforms offering lending, borrowing, and staking.
NFTs: It is a popular choice for NFT marketplaces due to its speed and low transaction costs.
Gaming: Many blockchain-based games are built on Solana for seamless and real-time interactions.
3. Technology:
Proof of History (PoH): A consensus mechanism that timestamps transactions for faster processing.
Smart Contracts: Solana supports smart contracts, enabling complex decentralized applications.
