Solana

Solana stands out as a high-performance blockchain, celebrated for its scalability, speed, and minimal transaction expenses. Featuring a distinctive consensus mechanism dubbed Proof of History (PoH), Solana achieves remarkable scalability and efficiency. Tailored to accommodate dApps, it excels in processing a vast number of transactions swiftly, thereby slashing processing durations and fees. These attributes make it a compelling platform for developers within the cryptocurrency realm.

Token symbol:
SOL

Metrics Overview:
Solana TPS is 1,040 transactions per second
Solana Max TPS is 7,229 transactions per second
Solana Max Theoretical TPS is 65,000 transactions per second
Solana block time is 0.42s
Solana time to finality is 12.8s
Solana is a Layer 1 blockchain
Solana governance model is off-chain
Solana was launched on Mar 16, 2020 (5 years ago)