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$SOL Solana (SOL) What is it?
Solana is a Layer 1 blockchain built to enable the fastest and most cost-effective execution of decentralized applications and smart contracts. Solana can process over 50,000 transactions per second (50k TPS). The transaction fee is only around $0.00025, making it significantly cheaper than Ethereum. By using a unique timestamping system to order transactions, Solana is faster than many other blockchains.
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Solana is a Layer 1 blockchain built to enable the fastest and most cost-effective execution of decentralized applications and smart contracts. Solana can process over 50,000 transactions per second (50k TPS). The transaction fee is only around $0.00025, making it significantly cheaper than Ethereum. By using a unique timestamping system to order transactions, Solana is faster than many other blockchains.
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