$BTC Solana is a relatively new blockchain in the cryptocurrency game, but that doesn't mean it's not a serious player. It aims to compete with the famous Ethereum platform known for its smart contracts that NFTs and web3 rely on. Solana focuses heavily on scalability through a mixed proof-of-history/proof-of-stake consensus mechanism intended to support a thriving ecosystem of dApp applications. Its native token SOL has benefited from the successes of NFTs centered around Solana, but since its inception, it has faced network pressures and some outages. However, that hasn't prevented it from making it onto the list of the top 15 cryptocurrencies by market capitalization.
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