$SOL Solana is a high-performance blockchain platform designed for decentralized applications (dApps) and crypto projects. It is known for its scalability, fast transaction speeds, and low costs. Solana uses a unique consensus mechanism called Proof of History (PoH), combined with Proof of Stake (PoS), to improve transaction throughput and network efficiency.

This allows Solana to process thousands of transactions per second (TPS), significantly more than many other blockchains like Bitcoin or Ethereum, making it popular for decentralized finance (DeFi), non-fungible tokens (NFTs), and Web3 projects. Some of its key features include