#CongressTradingBan decentralized applications and crypto projects. Launched in 2020 by Anatoly Yakovenko, it stands out for its scalability, speed, and low transaction costs. Solana uses a unique hybrid consensus mechanism called Proof of History (PoH) combined with Proof of Stake (PoS), allowing it to process thousands of transactions per second. Its native token, SOL, is used for transaction fees and staking. Solana supports a growing ecosystem of DeFi apps, NFTs, and Web3 projects. Despite past network outages, it remains one of the top blockchain platforms due to its innovation and strong developer community.