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What is Solana (SOL)?

Solana is a public, open-source blockchain platform designed for high performance and scalability. Launched in 2020, Solana has quickly gained recognition for its fast transaction speeds and low fees, making it a strong competitor in the smart contract platform space. Solana's native cryptocurrency is SOL, used for transaction fees, staking, and governance within the Solana ecosystem. This guide explores Solana's technology, ecosystem, and potential, comparing it to Ethereum and discussing the risks and benefits of investing in SOL.
What is Solana (SOL)?
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Table of Contents

  1. How Solana Works
  2. The Solana Ecosystem
  3. Advantages and Disadvantages of Solana
  4. The SOL Token
  5. Solana vs. Ethereum
  6. Getting Started with Solana
  7. Conclusion
  8. Discover the World of Altcoins

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