Solana is a high-performance, open-source Layer 1 blockchain designed for fast transactions and low fees. It’s widely used for decentralized apps (dApps), DeFi, NFTs, and Web3 projects.

🔹 Key Features

High speed: Up to ~65,000 transactions per second (theoretical)

Low fees: Often less than $0.01 per transaction

Proof of History (PoH): A unique time-stamping mechanism combined with Proof of Stake (PoS)

Scalable: Designed to handle large-scale applications