$SOL Solana ($SOL) is a high-performance blockchain designed for decentralized applications (dApps) and crypto transactions. It stands out for its speed and low fees, utilizing a unique Proof-of-History (PoH) consensus combined with Proof-of-Stake (PoS) to enable fast, scalable operations. Solana supports a growing ecosystem of DeFi, NFTs, and gaming projects. Despite past network congestion issues, it remains a strong Ethereum competitor. $SOL, its native token, is used for transaction fees, staking, and governance. As adoption increases, Solana continues evolving with upgrades and developer activity, making it a key player in the blockchain space.