Solana (CRYPTO:SOL) is a high-performance blockchain platform introduced as an independent Layer 1 blockchain in 2020, and has gained the moniker 'The Ethereum Killer' due to its impressive features. It competes with Ethereum by offering exceptional scalability, low fees, and rapid transaction speeds, making it a preferred choice for NFT-based decentralized applications (dApps), decentralized finance (DeFi), and digital payment ecosystems. Solana's focus on high transaction throughput and swift processing relies on its innovative Proof-of-History (PoH) technology, boasting a capability to process 65,000 transactions per second, ranking among the industry's fastest. Unlike conventional blockchain systems, Solana linearly hashes transactions to establish a verifiable order, eliminating the need for timestamp reliance or network validator checks. Founded in 2017 by Anatoly Yakovenko and Raj Gokal, Solana initially employed PoH timing, later transitioning to a proof-of-stake (PoS) algorithm.