#RiskRewardRatio Solana is a high-performance blockchain platform designed for fast, low-cost transactions and scalable decentralized applications. Launched in 2020, Solana utilizes a unique consensus mechanism called Proof of History (PoH) in combination with Proof of Stake (PoS) to achieve high throughput—reportedly processing up to 65,000 transactions per second. Its native token, SOL, is used for transaction fees and staking. Solana has gained popularity in the NFT and DeFi sectors, with projects like Magic Eden and Serum built on its blockchain. Despite facing occasional network outages, Solana continues to grow its ecosystem, offering developers a fast and cost-effective alternative to Ethereum.