#BinanceLaunchpool $SOL SOL (Solana) is the native cryptocurrency of the Solana blockchain platform, a fast and decentralized blockchain solution for scalable and secure applications. Solana uses a novel consensus algorithm called Proof of History (PoH) to achieve high transaction speeds and low fees.

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SOL tokens are used for:

- Transaction fees and gas payments on the Solana network

- Staking and validation to secure the network

- Governance and voting on proposals

- Paying for services and applications built on the Solana ecosystem

Solana and SOL aim to provide a scalable and efficient blockchain infrastructure for various use cases, including DeFi, gaming, and Web3 applications.