Solana price

Solana is the native asset of Solana, a programmable blockchain used for transactions, tokens, and on-chain applications. SOL pays transaction fees and can be delegated to validators that participate in network consensus. The SOL asset is therefore tied to this specific network, protocol, or issuer function rather than to a generic cryptocurrency category.

Solana uses proof of stake together with its proof-of-history timekeeping technique to order activity and coordinate validators. The protocol issues SOL under a disinflationary schedule for staking rewards, while a portion of transaction fees is burned; there is no fixed maximum supply. These mechanics describe how SOL is produced, issued, redeemed, burned, or used to secure its network; they do not imply any price outcome or investment view.

A distinguishing feature is that Solana separates its proof-of-history clock from the proof-of-stake process used by validators to vote on ledger state. This clock supplies a verifiable ordering primitive for the network's high-throughput execution design. This named mechanism or use case is the asset-specific fact that separates SOL from tokens that may share a broad category but have different issuance, governance, or settlement designs.