Solana ($SOL ) is a high-performance blockchain platform designed for decentralized applications (dApps) and cryptocurrencies. Known for its scalability and low transaction costs, Solana employs a unique Proof-of-History (PoH) consensus mechanism combined with Proof-of-Stake (PoS) to achieve lightning-fast transaction speeds, capable of processing thousands of transactions per second. Its ecosystem supports smart contracts and NFT marketplaces, making it a popular choice among developers and investors. SOL, the native token of the network, is used for transaction fees, staking, and governance. Solana’s focus on speed, efficiency, and developer-friendly infrastructure positions it as a strong competitor in the blockchain and Web3 space.