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Solana is a high-performance blockchain platform designed for decentralized applications and crypto projects. Launched in 2020 by Anatoly Yakovenko, Solana focuses on speed and scalability. It uses a unique consensus mechanism called Proof of History (PoH), which allows for fast transaction processing. This technology enables the network to handle thousands of transactions per second, making it ideal for applications like decentralized finance (DeFi) and non-fungible tokens (NFTs). Solana’s native cryptocurrency, SOL, is used for transaction fees and staking within the ecosystem.