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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