$SOL \$SOL is the native cryptocurrency of **Solana**, a high-performance blockchain known for its lightning-fast transaction speeds and low fees. Unlike traditional blockchains, Solana uses a unique consensus mechanism called **Proof of History (PoH)**, which helps it process **thousands of transactions per second**. This makes \$SOL a favorite in the world of **DeFi**, **NFTs**, and **Web3 apps**, positioning it as a serious contender to Ethereum in the race for blockchain dominance.