Solana $SOL is a fast and scalable blockchain, designed for decentralized applications (dApps) and crypto transactions. Launched in 2020, it uses Proof-of-History (PoH) to enable high-speed transactions with low fees.
Key Features:
Speed: Handles thousands of transactions per second (TPS).
Low Fees: Minimal transaction costs.
Scalability: Supports high-volume decentralized applications.
Developer-Friendly: Offers tools for creating dApps.
With a supply cap of around 511 million SOL tokens, Solana is becoming a popular choice in the crypto space.
