$SOL Solana (SOL) is a high-performance blockchain platform designed for fast, secure, and scalable decentralized applications and crypto projects. Launched in 2020, it uses a unique Proof of History (PoH) mechanism combined with Proof of Stake (PoS) to process thousands of transactions per second with low fees. Solana supports smart contracts, making it a strong competitor to Ethereum. Its ecosystem includes DeFi apps, NFTs, and Web3 platforms. Known for its speed and efficiency, Solana has gained popularity among developers and investors. Despite occasional network outages, it remains a top cryptocurrency by market cap, driving innovation in the blockchain space.