Solana ($SOL ) is a high-performance layer-1 blockchain launched in 2020 by Anatoly Yakovenko, designed to solve Ethereum’s scalability woes. Its native coin, SOL, powers transactions, staking, and governance. Using Proof-of-History (PoH) combined with Proof-of-Stake, Solana achieves blistering speeds—up to 65,000 TPS—at fractions of a cent per transaction.In 2025, SOL trades around $180–$250, with market cap exceeding $110 billion. The ecosystem explodes: DeFi TVL tops $12B (Raydium, Jupiter), memecoins like Dogwifhat and Bonk dominate culture, while NFT marketplaces (Magic Eden) and gaming thrive. Recent Saga phone 2 and Firedancer validator upgrades push throughput toward 1M TPS.Despite past outages, Solana’s low fees and developer momentum make it the undisputed home of retail crypto. SOL remains a top-5 coin—fast, cheap, unstoppable.
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