What is Solana (SOL)?
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What is Solana (SOL)? Solana is a blockchain platform designed to host distributed, user-friendly systems. It is an open source project founded in 2017 and is currently run by the Geneva-based Solana Foundation; Blockchain is developed by San Francisco-based Solana Labs. 1 Solana is fast in terms of the number of transactions it can process, and its transaction fees are lower than competing blockchains such as Ethereum. Cryptocurrency running on the Solana blockchain (also known as Solana (also known as SOLUSD), codenamed SOL, has surged nearly 12,000% in 2021, making it the fifth-largest cryptocurrency to date, with a market cap exceeding $66 billion at one point. 2 Despite its popularity, SOL has not yet survived the cryptocurrencies of 2022. As of Octob