$SOL

SOL is the native token of the Solana blockchain and is the core of the Solana ecosystem. SOL can be used to pay for gas fees, execute smart contracts, and can also be staked to run nodes for transaction validation and earning rewards, as well as participating in community governance voting. SOL consistently ranks within the top ten globally.

The Solana blockchain offers a faster, cheaper, and more environmentally friendly blockchain option, providing developers with a choice that balances scalability (the ability to grow continuously) and efficiency (the ability to transmit the most information with the least resources). Currently, Solana has good applications in DeFi, GameFi, NFTs, payments, and DAOs.

Since its successful launch in 2020, Solana has been hailed as "the world's fastest high-performance public blockchain." Solana aims to solve three major pain points: Ethereum's network congestion, high transaction fees, and slow transaction speeds, which is why it is referred to as the "Ethereum killer" by the cryptocurrency community.