Things to know about solana .
Solana is a high-performance blockchain platform designed for scalability and speed, capable of processing thousands of transactions per second with low fees. Launched in 2020, it uses a unique Proof-of-History consensus mechanism, enabling fast and efficient transaction verification. Solana supports decentralized applications (dApps) and smart contracts, making it a popular choice for DeFi, NFTs, and gaming projects. Its native token, SOL, is used for transaction fees and staking. Despite its advantages, Solana has Faced criticism for occasional network outages. With a growing ecosystem and strong developer support, Solana remains a leading competitor in the blockchain space.
