Solana is a high-performance blockchain platform that supports fast, secure, and scalable transactions. It was founded in 2017 by Anatoly Yakovenko and Greg Fitzgerald. Solana's native currency is SOL, which is used to power the platform and its applications.
The platform uses a Proof-of-History consensus algorithm that allows it to achieve extremely high throughput and low latency. Solana's main use case is to power decentralized applications and smart contracts. Solana also has very low fees, making it attractive for developers who want to create dApps that are affordable for users.
Solana claims to offer faster transaction speeds than other blockchains, with the ability to process up to 65,000 transactions per second. The platform is also designed to be scalable and energy-efficient. Solana aims to provide a more user-friendly experience than other blockchains, with features such as "human-readable addresses".
The platform is still in development and is not yet fully functional. However, the team behind Solana is experienced and has a track record of success with previous projects.