$SOL Solana is a high-performance layer 1 blockchain, known for its speed, extremely low fees, and ability to handle a large number of simultaneous transactions. It was launched in 2020 by Anatoly Yakovenko, with the goal of solving the scalability issues faced by Ethereum and other older blockchains.

Key points of Solana:

Speed: Solana can process up to 65,000 transactions per second (TPS) thanks to its unique consensus mechanism called Proof of History (PoH), combined with Proof of Stake (PoS).

Low fees: Transaction fees are often less than $0.01, which attracts many developers and users.

Rich ecosystem: Solana hosts numerous DeFi projects, NFTs (like the Mad Lads or SMB collections), blockchain games, and more recently, meme coins like BONK or WIF that have gained significant popularity.

Airdrops and community activities: Very active, the Solana ecosystem often offers airdrops, farming campaigns, and incentives for users.

Popular wallets: Phantom and Solflare are the most used wallets to interact with Solana.