$SOL SOL is the native cryptocurrency of the Solana blockchain, a high-performance, decentralized platform designed for fast and scalable applications. Launched in 2020, Solana aims to solve blockchain scalability issues without compromising security or decentralization. SOL is used to pay transaction fees, stake for network security, and participate in governance. Thanks to its unique Proof-of-History (PoH) combined with Proof-of-Stake (PoS) consensus mechanism, Solana can process thousands of transactions per second with low fees. This makes it popular for DeFi, NFTs, and decentralized applications. As the ecosystem grows, SOL continues to be a vital asset for developers, investors, and blockchain enthusiasts worldwide.