Solana (SOL) is a high-performance blockchain designed for decentralized applications (dApps) and crypto projects. It is known for its high speed and low transaction costs, making it one of the fastest blockchains in the industry.
Key Features of Solana:
1. Fast Transactions – Can handle up to 65,000 transactions per second (TPS), compared to Ethereum’s ~15 TPS.
2. Low Fees – Transaction fees are usually less than $0.01, much cheaper than Ethereum.
3. Proof-of-History (PoH) + Proof-of-Stake (PoS) – Uses a unique consensus mechanism to improve speed and efficiency.
4. Growing Ecosystem – Supports DeFi, NFTs, gaming, and Web3 applications.
Because of its speed and scalability, Solana is often called an "Ethereum killer." Do you want to trade, invest, or learn more about its use cases?