#TradeNTel#TrendingTopic The SOL token is Solana's native cryptocurrency, utilized for transaction fees, computational services, and governance on its decentralized network. Leveraging a hybrid consensus approach with proof-of-stake and proof-of-history, Solana achieves impressive scalability, processing up to 50,000 transactions per second while upholding decentralization. Beyond transactional utility, SOL tokens are staked to secure the network, allowing users to earn rewards for contributing to consensus. As an essential component of the Solana ecosystem, SOL plays a dual role as a utility and governance token, supporting the platform's high-speed, reliable blockchain infrastructure.

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