$SOL Solana is a high-performance blockchain platform designed to support decentralized applications (dApps) and cryptocurrencies. Known for its fast transaction speeds and low fees, Solana uses a unique consensus mechanism called Proof of History (PoH) alongside Proof of Stake (PoS), which helps increase scalability and network efficiency. This enables Solana to process thousands of transactions per second, making it one of the fastest blockchains in the industry. Solana’s ecosystem supports a variety of use cases, from decentralized finance (DeFi) to NFTs and gaming. The network has gained significant popularity due to its speed, scalability, and developer-friendly features.