Solana is a next-generation blockchain designed to offer fast, low-cost transactions suitable for large-scale use cases. Its native asset, SOL, is used to pay transaction fees, secure the network and interact with applications built on Solana.
How it works
Solana combines several technical innovations, including Proof of History, which makes it possible to order transactions efficiently over time. This architecture aims to improve execution speed without compromising the openness of the network. Validators contribute to the security of the blockchain and the processing of transactions.
Utility
Solana is used for applications that require speed and low costs: decentralised finance, payments, NFTs, blockchain gaming, Web3 infrastructure and consumer applications. For an investor, SOL provides exposure to a performance-oriented blockchain designed to support intensive digital use cases and broader adoption of decentralised applications.
