Solana is a high-performance blockchain platform designed for dApps and crypto ecosystems, known for its exceptional speed and low transaction costs. Launched in 2020, Solana uses a unique consensus mechanism called Proof of History (PoH) combined with Proof of Stake (PoS) to achieve high throughput, processing thousands of transactions per second. Its native cryptocurrency, SOL, is used for network fees, staking, and governance.