Solana is a high-performance Layer-1 blockchain utilizing Proof of History (PoH) and a custom architecture to deliver high-speed, scalable decentralized applications.
The native token, SOL, is used for staking and transaction fees, featuring a deflationary burn mechanism. The ecosystem boasts a robust TVL of $4.88 billion and widespread dApp adoption.
The project has raised a total of $359.85 million from Tier-1 investors including Andreessen Horowitz, Polychain Capital, and Multicoin Capital.
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