Solana is characterized by high performance (65,000 transactions/second), low fees (less than a cent), and a growing ecosystem supported by projects like Jupiter and Helium Mobile, along with partnerships with Visa and Shopify. These factors make it a strong competitor in the scalable blockchain space.
Investor evaluation points:
- Network stability: Improved reliability through the Firedancer program after a history of outages.
- Growth metrics: One million daily active users and a DeFi TVL value exceeding $4 billion.
- Token economy (Tokenomics): Decreasing inflation and a high staking rate (~70%).
- Regulation: Approval of ETF funds could enhance institutional inflows.
Key risks:
- Previous outages and weaker decentralization compared to Ethereum.
- Regulatory risks due to the SEC's potential classification of SOL as securities.
- Market volatility associated with speculation (such as NFTs and Memecoins).
- Competition with Ethereum in institutional building.