✅ Advantages of Solana over other cryptocurrencies

1. ⚡ High transaction speed

• Up to 65,000 transactions per second (TPS), far superior to Ethereum (~15 TPS) and Bitcoin (~7 TPS).

• Ideal for applications that require high speed such as games, payments, or DeFi platforms.

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2. 💸 Extremely low fees

• Fees usually cost less than $0.01 USD.

• This makes it very attractive for users and developers who do not want to pay high fees as in Ethereum.

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3. 🧠 Innovative consensus mechanism: Proof of History (PoH)

• Solana combines Proof of History + Proof of Stake, which improves efficiency without compromising security.

• PoH organizes the timing of transactions, helping to process them faster than other chains.

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4. 🌐 Scalability without fragmentation (without using “sharding”)

• Unlike Ethereum 2.0 which uses sharding to scale, Solana does it on a single chain.

• This simplifies application development and avoids interoperability issues.

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5. 📱 Great experience for developers and users

• Wide support for known languages (such as Rust).

• Wallets like Phantom offer a fast, clean, and simple experience.

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6. 🧩 Growing ecosystem

• Many NFT, DeFi, Web3, and gaming projects are choosing Solana for its speed and low cost.

• Examples: Magic Eden (NFTs), Jupiter (exchange), Stepn (move-to-earn).

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7. 🔒 Security and decentralization

• Although it has experienced interruptions, Solana continues to increase its number of validators (over 2,000).

• Uses staking to reinforce the network and reward those who secure it.

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👎 What about its disadvantages?

To be balanced, we should also mention some disadvantages:

• It has suffered temporary network outages in the past due to overloads.

• Less decentralization compared to Ethereum or Bitcoin (for now).

• Young ecosystem, still growing (although progressing quickly).