$SOL
#solana is a high-performance, layer-1 blockchain renowned for its speed and low transaction costs. Utilizing a unique "Proof of History" (PoH) consensus mechanism combined with Proof of Stake (PoS), Solana aims to achieve high throughput, theoretically capable of tens of thousands of transactions per second. Its architecture supports a rapidly growing ecosystem of decentralized applications (#dApps ), particularly in DeFi, #NFTs , and gaming, attracting developers seeking scalability. While boasting impressive speed and low fees, Solana has faced challenges like network congestion. Its native token, #sol , is used for transaction fees, staking, and governance within its expanding ecosystem.