$SOL

🔹 What is Solana ($SOL)?

A high-performance blockchain that supports smart contracts and decentralized applications (dApps).

$SOL is the token used to pay transaction fees and staking operations.

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🔹 Key Features of Solana

High speed: It can process over 65,000 transactions per second (TPS).

Very low fees compared to Ethereum.

It uses a unique mechanism known as Proof of History (PoH) along with Proof of Stake (PoS).

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🔹 Uses of $SOL

Paying transaction fees.

Staking to earn rewards.

Buying and selling NFTs.

Running decentralized applications (DeFi, games, wallets...).

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🔹 Future of $SOL (not investment advice)

If Solana projects (like NFTs and DeFi) continue to expand, demand for $SOL may increase.

It is viewed as a strong competitor to Ethereum, especially after the improvements made to the network following the FTX crisis in 2022.