$SOL
Solana (SOL) is a high-performance blockchain platform and cryptocurrency designed to support decentralized applications (dApps) and scalable solutions. Launched in 2020, Solana is known for its lightning-fast transaction speeds and low fees, achieved through its unique Proof-of-History (PoH) consensus mechanism combined with Proof-of-Stake (PoS).
Its robust infrastructure enables developers to create decentralized finance (DeFi) platforms, non-fungible tokens (NFTs), and other blockchain-based projects. Solana's scalability and energy efficiency have positioned it as a strong competitor to Ethereum.
The SOL token powers the network, facilitating transactions, staking, and governance, while also being a sought-after asset for investors and blockchain enthusiasts.