$SOL
The Solana (SOL) cryptocurrency is the native digital currency of the Solana network, a high-performance blockchain platform that supports smart contracts and decentralized applications (dApps).
Key information about SOL:
Symbol: SOL
Function: Used to pay transaction fees and power smart contracts on the Solana network.
Speed: Solana is known for its very high processing speed of up to thousands of transactions per second.
Fees: Very low fees compared to other networks like Ethereum.
Uses:
Trading on exchanges
Staking for rewards
Buying and selling non-fungible tokens (NFTs)
Running decentralized applications