$SOL Solana (SOL)

Purpose: A high-performance blockchain designed for decentralized applications (dApps) and crypto projects.

Key Features:

Extremely fast transaction speeds (up to 65,000 transactions per second).

Low transaction costs.

Uses a unique Proof of History (PoH) mechanism combined with Proof of Stake (PoS).

Use Cases: NFTs, DeFi platforms, gaming, and other Web3 applications.

Competitors: Ethereum, Avalanche, and Cardano.

Litecoin (LTC)

Purpose: A peer-to-peer cryptocurrency designed to be a "lighter" version of Bitcoin.

Key Features:

Faster block generation time than Bitcoin (2.5 minutes vs. 10 minutes).

Uses the Scrypt algorithm, making it more resistant to certain types of mining hardware.

Use Cases: Digital payments and a store of value.

Competitors: Bitcoin, Bitcoin Cash, and Dogecoin