Solana

About Solana

Solana (SOL) is a high-performance Layer 1 blockchain built for decentralized applications at global scale. Unlike chains that rely on sharding or multiple layers, Solana maintains a single unified ledger and combines Proof of Stake with Proof of History, a decentralized clock that timestamps transactions and enables parallel smart contract execution. This architecture delivers thousands of transactions per second with sub-second finality at minimal cost. Founded in 2017 by Anatoly Yakovenko, Solana has grown into one of the most active blockchain ecosystems, supporting DeFi, NFTs, payments, and institutional use cases including Visa settlement and spot ETF products.