$SOL $SOL

$SOL is the native cryptocurrency of the Solana blockchain, a high-performance, Layer 1 network known for its speed and low transaction costs. Launched in 2020, Solana uses a unique Proof of History combined with Proof of Stake (PoS) to process thousands of transactions per secondis used for transaction fees, staking, and powering decentralized applications (dApps) across DeFi, NFTs, and gaming. Its scalability has made it a favorite for developers and investors seeking Ethereum alternatives. Despite past network outages, Solana has shown resilience and rapid growth, positioningas a top-tier crypto asset in the Web3 ecosystem.