History of Solana: High Speed and Low Fees

Solana is one of the most promising blockchains, which quickly gained popularity due to its high transaction speed and low fees. Founded in 2020, the project was developed to address scalability issues faced by other blockchains such as Ethereum. Unlike traditional solutions, Solana uses a unique consensus model called Proof of History (PoH), which allows for much faster transaction processing. This innovation enables thousands of transactions per second, making the network ideal for DeFi applications and NFTs. Solana also attracts developers due to its low fees, opening new opportunities for ecosystem growth.