$SOL

Key General Information

Full Name: Solana

Symbol: SOL

Primary Function: Supporting Decentralized Applications (dApps) and Smart Contracts

Speed: Solana is known for its very high speed (up to thousands of transactions per second)

Consensus Mechanism: Proof of History (PoH) + Proof of Stake (PoS)

Uses:

Paying transaction fees on the network

Staking (freezing the currency to earn returns)

Trading and storing as a digital asset