Solana (CRYPTO: SOL) is one of the fastest cryptocurrencies on the market. It's also one of the most volatile names in crypto at the moment. Solana's price soared to $260 per token in November 2021 before falling as far at $8.14 in the aftermath of the FTX meltdown.
Token prices are going up again, just above $23 per token on the evening of Monday, Feb. 6. Will this elusive cryptocurrency make it back to $100 any time soon?
Solana's greatest strength is its blazing transaction speed. Designed by a team of former mobile network engineers, the blockchain network is optimized for massive scalability and ultra-efficient use of resources. So Solana runs on a custom proof of stake network with a unique secondary system called proof of history.
Source Fool.com