$SOL

Solana is a digital currency and blockchain platform aimed at providing high speed and low transaction fees. It relies on a Proof of History (PoH) mechanism alongside Proof of Stake (PoS) to achieve this efficiency. Solana is a strong competitor to Ethereum, as it aims to support scalable decentralized applications (dApps). The SOL token is the native currency of the Solana network and is used to pay transaction fees and participate in governance. Solana has seen significant growth in its popularity and usage in areas such as decentralized finance (DeFi) and non-fungible tokens (NFTs).