Solana blockchain
Solana is a high-performance public blockchain platform launched in March 2020, known for its rapid transaction speeds and low costs, achieved through a unique Proof-of-History (PoH) consensus mechanism alongside Proof-of-Stake (PoS). Despite experiencing several network outages between 2021 and 2024, it has seen substantial ecosystem growth in decentralized finance (DeFi), non-fungible tokens (NFTs), and real-world assets (RWA). As of early 2026, Solana is undergoing significant infrastructure upgrades like Firedancer and Alpenglow to enhance stability and scalability, aiming for broader institutional adoption, though its native token, SOL, has faced recent price volatility.