$SOL Solana is a high-performance blockchain platform designed to support decentralized applications (dApps) and decentralized finance (DeFi). Its main coin, SOL, is used to pay transaction fees and staking within the network. Solana is known for its high transaction speeds, capable of processing thousands of transactions per second at low costs, thanks to the innovative Proof of History (PoH) consensus mechanism. Its ecosystem is rapidly growing with NFT projects, games, and DeFi applications. Despite experiencing technical disruptions, Solana remains one of the main competitors to Ethereum in supporting large-scale blockchain applications and global users.
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