$SOL (Solana) is the native cryptocurrency of the Solana blockchain, a fast, decentralized, and scalable platform. Solana utilizes a proof-of-stake (PoS) consensus algorithm and a novel proof-of-history (PoH) mechanism, enabling high transaction speeds and low latency. $SOL is used for transaction fees, staking, and governance. With a growing ecosystem of decentralized applications (dApps), Solana has gained significant attention from developers and investors. As a result, $SOL has become one of the top cryptocurrencies by market capitalization, offering a promising alternative to other blockchain platforms.