What is Solana (SOL)?
Solana is a platform based on a third-generation, proof-of-stake blockchain. It is noted for its fast transactional speeds and high throughput and supports top-level security and privacy. Its aim is to improve scalability and features a system to accurately note the time that any transactions take place through a proof of history mechanism. Solana features a token (SOL), which is used to pay for any fees during a transfer. This native cryptocurrency can also be used for staking.