Solana (SOL) is a cryptocurrency used to pay for transactions on a
decentralized computing network.
It is built on top of the Solana network, benefiting from the main blockchain's speed and reliability.
It attempts to increase blockchain scalability by combining proof-of-stake and proof-of-history consensus. It is capable of processing 50,000 transactions per second while maintaining decentralization
Features of Solana Blockchain
Scalability - To scale at the rate of Moore's Law, Solana employs Proof of
History and several other ground-breaking capabilities.
Low Cost - For applications with billions of users, Solana is designed to keep the transaction fee down. As a result, you'll never have to worry about your fees escalating as your user base expands.
Composability - The single global state of Solana guarantees project composability. Multiple shards and layer two systems should never be dealt with.