What is solana?!

Solana is a blockchain platform designed to host decentralized, scalable applications. Founded in 2017, it is an open-source project currently run by the Solana Foundation based in Geneva, while the blockchain was built by San Francisco-based Solana Labs.

Solana is much faster in terms of the number of transactions it can process and has significantly lower transaction fees than rival blockchains like Ethereum. The cryptocurrency that runs on the Solana blockchain—also named Solana (SOL)—soared almost 12,000% in 2021 and, at one point, had a market capitalization of over $75 billion, making it one of the largest cryptocurrencies by this measure at the time.
Despite its popularity, SOL did not escape the cryptocurrency wipeout of 2022. By Dec. 29, 2022, SOL had dropped to about $3.63 billion in market capitalization. One year later, it had recovered nearly half of its lost market cap.
Solana co-founder Anatoly Yakovenko's previous work experience was in the field of distributed systems design with leading technology companies such as Qualcomm Incorporated (QCOM). This experience made him aware that a reliable clock simplifies network synchronization, and when that occurs, the resulting network would be exponentially faster, with the only constraint being its bandwidth.