What is Solana (SOL)?
Solana (SOL) is a fast and scalable blockchain platform built for decentralized applications (dApps) and crypto projects. With the ability to handle up to 65,000 transactions per second, it stands out for its speed and low transaction fees. SOL is the native cryptocurrency of the network, used for staking and paying fees.
Solana uses an innovative Proof-of-History (PoH) consensus mechanism, enabling it to achieve high scalability while maintaining security and decentralization. Its ecosystem supports a wide range of applications, including DeFi platforms, NFT marketplaces, and blockchain-based games.
Thanks to its performance and growing adoption, Solana is emerging as a strong competitor to Ethereum, making SOL an attractive option for crypto investors and developers alike.
