Solana is a blockchain platform designed to support fast, scalable and decentralized applications (DApps). Solana's cryptocurrency is SOL. Solana claims to have faster transaction speeds and lower transaction costs than many other blockchain platforms.
Solana's goal is to provide a faster and more scalable platform compared to traditional financial systems and other blockchain projects. This enables the development of applications at a larger scale across various application areas (NFTs, DeFi, games, etc.).
SOL can be bought and sold on various cryptocurrency exchanges and can be used by users for different purposes. However, it is important to invest by considering factors such as the overall volatility of the market and impacts on Solana adoption.
