Solona
$SOL is a high-performance blockchain designed for fast, low-cost transactions and scalable decentralized applications. Launched in 2020, it uses a unique Proof of History (PoH) combined with Proof of Stake (PoS), allowing the network to process thousands of transactions per second with very low fees.
SOL is the native token of the Solana network and is used for transaction fees, staking, and governance. The ecosystem supports DeFi platforms, NFTs, gaming projects, and Web3 apps, making it popular among developers and users.
Overall, Solana is known for its speed and efficiency, positioning SOL as a strong competitor to Ethereum, though network stability and competition remain key challenges.
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