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is the native cryptocurrency of the Solana blockchain, known for its high-speed and low-cost transactions. Solana uses a unique consensus mechanism called Proof of History (PoH), combined with Proof of Stake (PoS), enabling it to process thousands of transactions per second. $SOL is used to pay for transaction fees, participate in staking, and support decentralized applications (dApps) across DeFi, NFTs, and gaming. With its strong developer community and growing ecosystem, Solana aims to offer a scalable alternative to Ethereum. $SOL has gained popularity for its performance and efficiency, making it a key player in the blockchain and Web3 space.