What is Solana (SOL)?

Solana is a smart contract-enabled blockchain that aims to natively solve many of the scaling and throughput issues faced by other Layer-1 blockchain networks. SOL is the native coin of the Solana network, and is burned to pay for fees on the Solana network. Solana's users can also stake SOL in order to become a blockchain node, and the platform intends to enable SOL to be used in Solana platform governance in the future.