Solana has received much praise for its speed and performance, and has even been tipped as a rival that can compare to Ethereum and challenge the dominant smart contract platform. Considering Solana (SOL) for your crypto portfolio? View SOL's latest price, chart, headlines, social sentiment, price prediction and more. Solana is a public blockchain platform that uses a proof-of-stake consensus mechanism and provides smart contract functionality. The platform's native cryptocurrency is SOL. Solana was founded in 2018 by Anatoly Yakovenko and Raj Gokal, and the network was launched in March 2020 by their San Francisco-based company, Solana Labs. Designed to support decentralized applications and high-throughput transactions, Solana gained traction as a competitor to Ethereum, particularly during the rise of ... Solana is a high-performance blockchain for fast, secure, scalable, decentralized apps and marketplaces.