$SOL

$SOL (Solana) is the native cryptocurrency of the Solana blockchain, known for its high-speed, low-cost transactions and scalability. Solana uses a unique Proof-of-History (PoH) + Proof-of-Stake (PoS) consensus mechanism, making it one of the fastest blockchains.

Key Features of Solana ($SOL):

High Speed – Handles 65,000+ transactions per second (TPS).

Low Fees – Transactions cost fractions of a cent.

Smart Contracts & DeFi – Supports NFTs, DeFi apps, and Web3 projects.

Ecosystem Growth – Popular platforms like Phantom Wallet, Serum, Magic Eden (NFTs) run on Solana.

Solana is often seen as a strong competitor to Ethereum due to its speed and efficiency, making $SOL a key player in the crypto space.