The symbol $SOL refers to the native cryptocurrency of the Solana blockchain, which is a high-performance, decentralized platform designed for fast, scalable, and secure applications, including decentralized finance apps, smart contracts, and non-fungible tokens .

Key features and uses of $SOL include:

1. Transaction Fees: is used to pay for transaction fees on the Solana network.

Staking: Users can stake to participate in the network's Proof of Stake consensus mechanism and earn rewards.

Governance: $SOL holders may participate in governance decisions for the Solana ecosystem, influencing protocol updates and changes.

Security and Decentralization: The token helps secure the network, as validators on Solana use to validate transactions and add blocks to the blockchain.

Solana is known for its fast transaction speeds and low fees, which

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