Solana is a highly functional open source project that implements a new high-speed, permissionless, layer 1 blockchain.
Solana's third-generation blockchain architecture is designed to facilitate smart contracts and the creation of decentralized applications (DApps). The project supports a number of decentralized finance (DeFi) platforms as well as non-fungible token (NFT) markets.
Solana aims to scale performance beyond what popular blockchains typically achieve, while keeping costs low.
SOL IS Solana's native and most useful TOKEN that provides a means of value transfer as well as blockchain security through staking.
SOL was launched in March 2020 and has been striving to become one of the top 10 cryptocurrencies entering the space according to total market cap.
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