Solana $SOL
Perp
81.15
-4.84%
is a high-performance blockchain platform designed to support decentralized applications (dApps), DeFi projects, and crypto transactions at very high speed and low cost.
🔹 Basic Information
Launch Year: 2020
Founder: Anatoly Yakovenko
Native Token: $SOL
Main Goal: Fast, scalable, and low-fee blockchain
⚙️ Key Features
✅ Ultra-Fast Transactions – Solana can process thousands of transactions per second.
✅ Low Fees – Transaction costs are usually very small compared to Ethereum.
✅ Proof of History (PoH) – Unique technology that improves speed and efficiency.
✅ Smart Contracts Support – Developers can build DeFi, NFTs, and Web3 apps.
💰 Uses of SOL Token
Pay transaction fees
Staking to earn rewards
Participate in DeFi and NFT projects
Governance participation (limited)
📈 Why SOL is Popular
High speed and scalability
Growing ecosystem (NFTs, DeFi, gaming)
Strong developer community
Considered an Ethereum competitor