$SOL

Solana ($SOL) is a high-performance blockchain designed for fast and low-cost transactions. It uses a unique Proof-of-History (PoH) mechanism combined with Proof-of-Stake (PoS) to achieve high scalability, enabling thousands of transactions per second with minimal fees. $SOL is the native token of the Solana ecosystem, used for transaction fees, staking, and governance. The blockchain supports decentralized applications (dApps), DeFi platforms, and NFT marketplaces, making it a strong competitor to Ethereum. Solana has gained popularity due to its speed, developer-friendly environment, and growing ecosystem. However, it has faced challenges like network outages and centralization concerns. Despite this, $SOL remains a leading cryptocurrency, attracting institutional interest and continuous development to enhance its reliability and adoption.