$SOL SOL (Solana) Overview – July 2025

Ticker: SOL

Blockchain: Solana

Sector: Layer 1 Blockchain

Founded by: Anatoly Yakovenko

Launched: March 2020

Consensus Mechanism: Proof of History (PoH) + Proof of Stake (PoS)

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✅ Key Features of Solana

Ultra-fast transactions: Handles 65,000+ TPS (transactions per second)

Low fees: Average cost per transaction is less than $0.01

Scalability: No need for Layer 2 solutions due to high native throughput

Growing Ecosystem: Used in DeFi, NFTs, GameFi, and enterprise apps

Popular projects: Helium, Render, Marinade, Jupiter, Phantom Wallet

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📈 SOL Price Snapshot (as of July 2025)

Current Price: ~$148–152 (range may vary slightly by exchange)

Market Cap: ~$68B+

Rank: Top 5 cryptocurrencies

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