XDEFI Wallet supports Solana (SOL)

Solana is a Blockchain that utilises the Proof of History protocol: Proof of Stake but with some edited features. Proof of history gives each hash a different feature that allows the blockchain to later place the hashes in order. In Proof Of Stake, each node has to agree on the time each block was made, making the blockchain slower. With Proof of History (POH) and sharding, Solana is the fastest blockchain at the time of writing.
Solana also offers Smart Contracts, except their smart contracts are written in Rust language compared to Ethereum using solidity. This makes Solana more powerful. The downside is that they cannot just copy-paste the code from dApps on the Ethereum network, instead, they have to build everything from scratch.

What are the core features of Solana?

• High transaction throughput: Solana’s architecture is designed to support high transaction throughput, with the ability to process up to 65,000 transactions per second (TPS).
• Low transaction fees: Solana’s transaction fees are very low compared to other blockchain networks, with the average fee being less than $0.0001 per transaction.
• Scalability: Solana is highly scalable, with the ability to handle large volumes of transactions and dApps without compromising on performance.
• Smart contract support: Solana supports the creation and execution of smart contracts, which enables the development of a wide range of dApps and DeFi solutions.
• Built-in programming language: Solana has its own built-in programming language, called Solana Move, which makes it easy for developers to create and deploy smart contracts and dApps on the network.
• Decentralized governance: Solana is governed by a decentralized network of validators, who are responsible for maintaining the security and integrity of the network.
• Interoperability: Solana is designed to be interoperable with other blockchain networks, which means that it can be used to facilitate the exchange of assets and data between different networks.

What is the native token of Solana?

The native token of Solana is SOL. SOL coin is needed to pay for its very low (e.g. $0.00025) and speedy gas fees for all transactions on the Solana network.
SOL can be traded for any SPL token (SPL tokens are tokens built on the Solana blockchain) using any Decentralised exchange (DEX) built on the Solana blockchain.
Using Cross-Chain protocols and  THORChain, Solana can be traded for tokens from other blockchains such as ETH or BTC.