$SOL is the native cryptocurrency of the Solana blockchain, a fast and scalable platform for decentralized applications (dApps). SOL is used for transaction fees, staking, and governance. With a block time of 400 milliseconds, Solana is one of the fastest blockchains, making SOL attractive for high-frequency trading and DeFi applications. SOL has gained significant attention in the crypto market, with a growing ecosystem of developers, investors, and users. Its fast transaction times and low fees make it a promising cryptocurrency for widespread adoption.