Sol is the native cryptocurrency of Solana, a blockchain platform focused on providing high-speed, low-cost solutions for smart contract applications and decentralized finance (DeFi).

Solana is one of the fastest blockchains available, and uses a technology called Proof of History (PoH) to improve transaction processing speed and reduce costs.

SOL coin is used in:

1. Pay transaction fees on the Solana network.

2. Implement smart contracts and decentralized applications (DApps).

3. It can be used as an investment as it is traded on many platforms.

SOL

102.92

-1.27%