$SOL Solana ($SOL) is a high-performance blockchain known for its speed and scalability. 1 It utilizes a unique Proof-of-History mechanism alongside Proof-of-Stake consensus, enabling it to process a large number of transactions per second. 2 Solana's ecosystem supports a wide range of decentralized applications (dApps), including decentralized finance (DeFi) protocols, non-fungible tokens (NFTs), and gaming platforms. While it has faced challenges like network outages in the past, Solana continues to be a significant player in the blockchain space, attracting developers and investors with its potential for high throughput and low transaction costs. 3