#CryptoUsersHit18M
Solana Coin (SOL) is a cryptocurrency used to power the Solana network, which is known for its high speed and efficiency in processing transactions. It is considered one of the most prominent competitors to Ethereum, as it supports smart contracts and decentralized applications (dApps) with low fees and high execution speeds of up to thousands of transactions per second thanks to the innovative Proof of History mechanism. SOL is used to pay network fees, participate in governance operations, and store (staking) to generate returns.
