$BTC Solana (SOL) is a high-performance blockchain launched in 2020, focused on scalability and speed for decentralized applications (dApps). It achieves this through a unique hybrid consensus mechanism combining Proof of History (PoH) and Proof of Stake (PoS). PoH timestamps transactions, enhancing efficiency. Solana boasts incredibly fast transaction speeds, theoretically up to 65,000 transactions per second, with very low fees, making it attractive for DeFi, NFTs, and Web3 projects. Currently, 1 SOL is trading at approximately $179.64 USD. Its growing ecosystem and technological advantages position it as a strong competitor in the blockchain space.