Solana is a public, permissionless, and Proof of Stake (PoS) layer-1 blockchain which also uses Proof of History (PoH). PoH is a method for proving that transactions are in the correct sequence and found by the right leader. According to Solana’s official documentation, Solana can handle as many as 65 000 transactions per second. Its native cryptocurrency is SOL, which is used for paying gas on the Solana blockchain and incentivizes validators to secure the network