What is Solana and how does it work?

What is Solana and how does it work?

Solana is a type of cryptocurrency or digital currency that exists exclusively online. Solana was initially released in April 2019 and started trading at less than $1 per coin. Since then, its price has risen remarkably fast, rising to above $200 before falling alongside other cryptocurrencies for most of 2022. As of September 2022, Solana traded for about $35.