What is Solana coin used for?

Solana is a public, open-source blockchain that supports smart contracts, including non-fungible tokens (NFTs) and a variety of decentralized applications (dApps). Native to Solana’s blockchain is the SOL token which provides network security through staking as well as a means of transferring value .

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Does Solana have smart contracts?

Now let’s turn to how Solana approaches programming its blockchain. Firstly, in its developer documentation, Solana gets rid of the legal-sounding “smart contract” terminology and returns us to traditional software development language: “In Solana, smart contracts are called Programs.

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