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Solana
10.11.2026
Solana is a layer-1 blockchain created by Anatoly Yakovenko and launched in 2020. Its native coin is SOL. Solana is built for high throughput and low fees, and it's widely used for stablecoins, DeFi and NFTs.
How it works
Solana runs on proof-of-stake: blocks are produced by validators who stake SOL, not by miners. To order transactions quickly, it adds Proof of History, a cryptographic clock that timestamps events before validators agree on them. Smart contracts run in the Solana virtual machine.
Can you mine it?
No. Since Solana uses proof-of-stake, SOL can't be mined with GPUs or ASICs. You can only stake it or buy it.
