Solana (SOL)
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What Is Solana?
Solana is a high-performance blockchain designed for speed, scalability, and low fees. It supports smart contracts and decentralized apps (dApps), making it a popular choice for DeFi and NFTs.
Unlike Ethereum, Solana uses a unique Proof of History (PoH) mechanism combined with Proof of Stake (PoS), allowing it to process thousands of transactions per second.
Where to Buy Solana
Solana Key Stats
- Launch Year: 2020
- Consensus: Proof of History + Proof of Stake
- Max Supply: No fixed cap
- Use Cases: DeFi, NFTs, dApps
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